Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Romania - 2023

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Romania (FOB) - 2023
2. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Romania (CIF) - 2022
3. Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Romania
4. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Romania

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Romania (FOB) - 2023

In December 2023, the average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $641 per ton, shrinking by -13.1% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2023 an increase of 191% m-o-m. Over the period under review, the average export prices reached the peak figure at $1,339 per ton in June 2023; however, from July 2023 to December 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From December 2022 to December 2023, the rate of growth in terms of prices for France amounted to +7.3% per month.

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Romania (CIF) - 2022

The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $1,637 per ton in 2022, declining by -24.1% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses increased by +73.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 129% against the previous year. As a result, import price reached the peak level of $2,158 per ton, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($13,206 per ton), while the price for Germany ($372 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Romania

In 2022, approx. 3.1K tons of waste (including noils, yarn waste and garnetted stock), of man-made fibreses were exported from Romania; growing by 8.8% against 2021 figures. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses soared to $3.3M in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 68% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Romania in 2022:

1. Turkey (1840.7 tons)
2. Italy (941.2 tons)
3. Germany (177.3 tons)
4. Belgium (64.8 tons)

Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Romania

Imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses into Romania soared to 178 tons in 2022, rising by 54% compared with 2021 figures. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 232% against the previous year. As a result, imports reached the peak of 594 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses soared to $291K in 2022. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 139%. As a result, imports attained the peak of $560K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Romania in 2022:

1. Germany (133.7 tons)
2. Italy (24.2 tons)
3. Bulgaria (7.3 tons)
4. Poland (3.5 tons)
5. Spain (3.3 tons)
6. Belgium (2.2 tons)

Source: IndexBox Market Intelligence Platform