Viscose Staple Fiber (VSF) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Viscose Staple Fiber (VSF) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A23161
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Viscose Staple Fiber (VSF) Prices December 2023

Product
Category Region Price
Viscose Staple Fiber (VSF) Specialty Chemical USA 2,225 USD/MT
Viscose Staple Fiber (VSF) Specialty Chemical China 1,933 USD/MT
Viscose Staple Fiber (VSF) Specialty Chemical Germany 2,193 USD/MT


The price of viscose staple fiber (VSF) in the United States for Q4 2023 reached 2,225 USD/MT in December. Throughout the fourth quarter of 2023, the market consistently experienced a downward trend. The US VSF market showed marginal fluctuations and confirmed a downtrend due to stable supply dynamics. Economic activity in the US remained subdued in November, contributing to the overall downward trajectory. 

The price trend for viscose staple fiber (VSF) in China reached 1,933 USD/MT in December 2023. Raw material dynamics, primarily derived from wood pulp or plant-based sources, influenced pricing movements. VSF producers responded to surplus inventory concerns by aggressively lowering prices to encourage new orders and reduce stock accumulation. Despite the obstacles, the China General Manufacturing PMI recorded a modest increase in December 2023, indicating a small improvement in the manufacturing sector.

In the Germany, viscose staple fiber (VSF) prices reached 2,193 USD/MT, influenced by improved purchasing sentiments, especially with the festive season approaching. This contrasted with the economic conditions in Germany, where export orders were down by 0.3%, and GDP was expected to contract by 0.5%, indicating almost recessionary conditions.

Viscose Staple Fiber (VSF) Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Viscose staple fiber (VSF) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of viscose staple fiber (VSF) pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing viscose staple fiber (VSF) price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Viscose Staple Fiber (VSF) Price Trend

Viscose Staple Fiber (VSF) Market Analysis

The global viscose staple fiber (VSF) market size reached 6164.1 Thousand Tonnes in 2023. By 2032, IMARC Group expects the market to reach 9870.2 Thousand Tonnes, at a projected CAGR of 5.40% during 2023-2032.

  • VSF is largely utilized in the textile sector due to its softness, breathability, and dye affinity, making it ideal for clothing and upholstery materials. VSF fibers allow air to circulate freely, which helps in managing moisture and keeping the wearer cool. This property is especially valued in clothing designed for comfort in warm climates. Besides, VSF is highly dye-receptive, resulting in brilliant colors with great saturation. This makes it a popular choice for fashion and upholstery fabrics, where color and aesthetics are important. As the global textile industry increases, particularly in emerging economies, so does demand for VSF. The global textile market is expected to be worth $1,027.0 billion by 2023. Looking ahead, IMARC Group estimates the market to reach US$ 1,445.4 billion by 2032, with a compound annual growth rate (CAGR) of 3.8% between 2024 and 2032.
  • There is a noticeable shift in consumer preference toward natural fibers, which are perceived as more comfortable and less harmful to the environment compared to synthetic alternatives. This shift is particularly pronounced in markets with increasing awareness of environmental issues. As per the Roundup Org, the sustainable fashion industry is currently worth over $6.5 Billion. The average annual growth rate of the ethical fashion market is 8.3%. This could grow to 9.7% a year by 2030. Furthermore, products marketed as sustainable are expected to grow 5.6 times faster than those that were not. Moreover, 73% of British consumers who only buy sustainable brands are also happy to buy second-hand clothes.  These numbers collectively influence the demand for VSF across the globe.
  • Synthetic fibers, such as polyester and nylon, are derived from petrochemicals which makes them non-biodegradable and a source of microplastic pollution. These fibers can take hundreds of years to decompose, during which they continue to pollute the environment. As a result, in many regions, governments are imposing stricter regulations on the use of synthetic fibers, which are non-biodegradable and pollutive. This regulatory environment favors the adoption of natural fibers like VSF.

Viscose Staple Fiber (VSF) News

The report covers the latest developments, updates, and trends impacting the global viscose staple fiber (VSF) market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in viscose staple fiber (VSF) production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that shape the industry landscape.

Latest developments in the viscose staple fiber (VSF) industry:

  • In November 2023, textile recycling innovator SaXcell has signed a Memorandum of Understanding (MoU) with Aditya Birla Group’s, Birla Cellulose, one of the world’s largest manufacturers of man-made cellulosic fiber. The MoU paves the way for the expansion of collaboration between the two companies for production of recycled man-made cellulosic fibers. SaXcell's textile waste pulping technology combined with Birla's advanced wet spinning expertise results in high quality sustainable "SaXcell" recycled fibers serving the circular textile needs of customers at commercial scale. 

Product Description

Viscose staple fiber (VSF) is a kind of regenerated cellulose fiber that is created by chemically dissolving natural materials like wood and agricultural goods into cellulose fibers. Due to their outstanding drapability, the fibers can fall or flow in a way that improves the fabric's visual appeal. To improve the qualities of the finished product, viscose staple fibers can be combined with other fibers like cotton, wool, or synthetic fibers. Viscose is made by dissolving cellulose in a solution, extruding the substance through tiny holes to create fibers, and then hardening the fibers using a variety of chemical and mechanical techniques. The end product is smooth, silky fibers with characteristics resembling those of natural fibers like silk or cotton.

Regional Coverage

The report provides a detailed analysis of the viscose staple fiber (VSF) market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the price trends.  

Global Viscose Staple Fiber (VSF) Price

The report offers a holistic view of the global viscose staple fiber (VSF) pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.

Europe Viscose Staple Fiber (VSF) Price

During the first part of the fourth quarter of 2023, prices of viscous staple fiber (VSF) in the European market somewhat increased. This was ascribed to the growth in demand for winter clothing in the downstream textile industry as well as a 1.1% decrease in industrial chemical production in the Eurozone. Better consumer attitudes, particularly in light of the impending holiday season, also bolstered demand in the European market. In contrast, export orders declined by 0.3% in Germany, and a 0.5% GDP contraction was predicted, suggesting conditions that were approaching those of a recession.

This analysis can be extended to include detailed viscose staple fiber (VSF) price information for a comprehensive list of countries.

Region Countries Covered
Europe Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.


North America Viscose Staple Fiber (VSF) Price

The market for viscose staple fiber (VSF) continuously had a decline in the fourth quarter of 2023. The consistent dynamics of supply led to minor changes in the US VSF market, which validated a downward trend. The US economy continued to expand slowly in November, which added to the overall negative trend. There were no notable issues with the region's supply chain, hence there was little cost pressure on VSF pricing during this time. Due to a careful balance between supply and demand, the market's narrowness supported the price trend even after a manufacturing cost increase the previous month.

Specific data on viscose staple fiber (VSF) prices within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada


Middle East and Africa Viscose Staple Fiber (VSF) Price

The report explores the viscose staple fiber (VSF) pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on viscose staple fiber (VSF) prices for countries can also be provided.

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.


Asia Pacific Viscose Staple Fiber (VSF) Price

In the Asia-Pacific (APAC) region, the production capacity of viscose staple fiber (VSF) remained limited during the first part of the fourth quarter of 2023. Additionally, downstream sectors displayed a slowdown, with a minor decrease in start-up load. Although the Purchasing Managers' Index (PMI) saw some recovery, persistent demand problems in the manufacturing sector led to a decline in the market price of VSF in the second half of the year. The dynamics of raw materials, which were mostly sourced from plant-based or wood pulp, were crucial in determining price patterns.

This analysis can be further extended to include detailed viscose staple fiber (VSF) prices for a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.


Latin America Viscose Staple Fiber (VSF) Price

The analysis of viscose staple fiber (VSF) prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.


Report Coverage

Key Attributes Details
Product Name Viscose Staple Fiber (VSF)
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
 
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
 
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* 
 
North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year  
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 


Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of viscose staple fiber (VSF) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
  • The study examines factors affecting viscose staple fiber (VSF) price volatility, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
  • The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
  • IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the viscose staple fiber (VSF) industry.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Viscose Staple Fiber (VSF) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
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