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

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ireland (CIF) - 2023
2. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ireland (FOB) - 2022
3. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ireland
4. Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ireland

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

In December 2023, the average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $771 per ton, with an increase of 9.5% against the previous month. Overall, the import price, however, recorded a slight decrease. Over the period under review, average import prices hit record highs at $887 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,859 per ton), while the price for France ($732 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $193 per ton, shrinking by -49% against the previous year. In general, the export price faced a abrupt descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by 42% against the previous year. The export price peaked at $616 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -10.5% per year.

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of waste (including noils, yarn waste and garnetted stock), of man-made fibreses, when their volume increased by 126% to 8K tons. Over the period under review, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses surged to $6.4M in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Malaysia (3.7K tons)
2. Spain (1.6K tons)
3. France (1.0K tons)
4. India (0.7K tons)
5. Germany (0.6K tons)
6. Slovakia (0.3K tons)

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

In 2022, the amount of waste (including noils, yarn waste and garnetted stock), of man-made fibreses exported from Ireland rose markedly to 161 tons, increasing by 8.1% against the previous year's figure. Overall, exports, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses declined remarkably to $31K in 2022. In general, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. As a result, the exports reached the peak of $56K, and then shrank dramatically in the following year.

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

1. Germany (161.0 tons)

Source: IndexBox Market Intelligence Platform