Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Norway - 2024

Contents:

  1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Norway (CIF) - 2022
  2. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Norway

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Norway (CIF) - 2022

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $4,074 per ton in 2022, which is down by -39.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2021 when the average import price increased by 84%. Over the period under review, average import prices attained the peak figure at $9,277 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($12,967 per ton), while the price for Germany ($2,818 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Norway

In 2022, overseas purchases of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -1.6% to 21 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. As a result, imports reached the peak of 47 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings contracted dramatically to $87K in 2022. Overall, imports faced a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. As a result, imports reached the peak of $174K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany67.580.835.747.4-11.1%
Taiwan (Chinese)61.248.531.723.4-27.4%
United Kingdom12.811.58.67.2-17.5%
IndiaN/AN/A63.00.3-99.5%
Others7.533.17.18.43.8%
Total14917414686.7-16.5%

Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Norway in 2022:

  1. Germany (16.8 tons)
  2. Taiwan (Chinese) (2.7 tons)
  3. United Kingdom (1.4 tons)

Source: IndexBox Market Intelligence Platform

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