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

Contents:

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

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

In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $20,757 per ton, which is down by -11.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 33%. Over the period under review, average import prices hit record highs at $23,467 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($24,243 per ton), while the price for Italy ($5,864 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $10,166 per ton in 2022, picking up by 72% against the previous year. Over the period under review, the export price posted a moderate expansion. The growth pace was the most rapid in 2015 when the average export price increased by 141%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($20,952 per ton), while the average price for exports to Germany ($6,450 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 Germany (+8.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of synthetic staple fibres, carded, combed or otherwise processed for spinnings, when their volume decreased by -31.7% to 67 tons. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of 99 tons, and then dropped rapidly in the following year.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings contracted markedly to $1.4M in 2022. Over the period under review, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 83%. As a result, imports attained the peak of $2.3M, and then dropped rapidly in the following year.

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

1. France (50.9 tons)
2. Germany (13.5 tons)
3. Italy (2.1 tons)
4. United Kingdom (0.3 tons)

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

In 2022, shipments abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -88.6% to 559 kg, falling for the second year in a row after two years of growth. In general, exports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by 739%. As a result, the exports attained the peak of 19 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings fell remarkably to $5.7K in 2022. Over the period under review, exports saw a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 889% against the previous year. As a result, the exports attained the peak of $185K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. France (432.0 kg)
2. United Kingdom (63.0 kg)
3. Bosnia and Herzegovina (40.0 kg)
4. Germany (20.0 kg)

Source: IndexBox Market Intelligence Platform