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

Contents:

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

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

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $4,022 per ton in 2022, jumping by 35% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the average import price increased by 82% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Turkey ($6,495 per ton), while the price for Peru ($3,532 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.8%), 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 Chile (FOB) - 2022

In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $3,177 per ton, remaining stable against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2013 a decrease of -11.1% against the previous year. Over the period under review, the average export prices attained the maximum at $11,661 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to -12.2% per year.

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

For the fourth year in a row, Chile recorded growth in overseas purchases of synthetic staple fibres, carded, combed or otherwise processed for spinnings, which increased by 0.5% to 134 tons in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 88%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings soared to $538K in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. China (71.7 tons)
2. Peru (57.7 tons)
3. Turkey (4.3 tons)

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

Exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings from Chile totaled 9.5 tons in 2022, remaining relatively unchanged against the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $30K in 2022. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in years to come.

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

1. Bolivia (9.5 tons)

Source: IndexBox Market Intelligence Platform