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

Contents:

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

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

In 2022, the average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $1,225 per ton, shrinking by -33.2% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses increased by +19.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 79% against the previous year. Over the period under review, the average export prices attained the maximum at $1,914 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($4,121 per ton), while the average price for exports to Lithuania ($770 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 Lithuania (+2.1%), while the prices for the other major destinations experienced a decline.

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

The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $2,021 per ton in 2022, with a decrease of -5.4% against the previous year. In general, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2018 an increase of 39%. As a result, import price reached the peak level of $2,784 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($2,364 per ton) and Estonia ($2,006 per ton), while the price for Finland ($1,739 per ton) and Lithuania ($1,961 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses from Latvia surged to 2K tons, growing by 242% on 2021 figures. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses soared to $2.5M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Lithuania (1147.4 tons)
2. Germany (383.6 tons)
3. Slovakia (377.5 tons)
4. Slovenia (92.8 tons)

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

In 2022, the amount of waste (including noils, yarn waste and garnetted stock), of man-made fibreses imported into Latvia contracted significantly to 30 tons, declining by -28.3% compared with the year before. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 19%.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses contracted notably to $60K in 2022. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 7.4%.

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

1. Lithuania (23.5 tons)
2. Netherlands (5.0 tons)
3. Finland (1.1 tons)
4. Estonia (0.2 tons)

Source: IndexBox Market Intelligence Platform