Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Lithuania - 2023

Contents:

1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Lithuania (CIF) - 2022
2. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Lithuania (FOB) - 2022
3. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Lithuania
4. Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Lithuania

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

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $3,387 per ton in 2022, surging by 33% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 50%. As a result, import price attained the peak level of $8,036 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,523 per ton), while the price for Poland ($2,512 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $4,101 per ton, increasing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.7%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 20%. Over the period under review, the average export prices reached the peak figure at $4,237 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($44,469 per ton), while the average price for exports to Russia ($2,603 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of synthetic staple fibres, carded, combed or otherwise processed for spinnings imported into Lithuania soared to 189 tons, growing by 41% on 2021 figures. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 125% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings soared to $640K in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 107% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. Poland (152.8 tons)
2. Germany (29.3 tons)
3. United Kingdom (5.1 tons)

Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Lithuania

In 2022, shipments abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -45.7% to 13 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, the exports attained the peak of 24 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings fell notably to $52K in 2022. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 19%. As a result, the exports reached the peak of $86K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Lithuania in 2022:

1. Latvia (11.2 tons)
2. Russia (0.6 tons)
3. Germany (0.4 tons)
4. Uzbekistan (0.3 tons)

Source: IndexBox Market Intelligence Platform