Price for Fibres; Synthetic Filament Tow, of Polyesters in Italy - 2023

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Italy (CIF) - 2022
  2. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Italy

Price for Fibres; Synthetic Filament Tow, of Polyesters in Italy (CIF) - 2022

The average import price for fibres; synthetic filament tow, of polyesterses stood at $1,783 per ton in 2022, reducing by -14.6% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fibres; synthetic filament tow, of polyesterses increased by +101.6% against 2017 indices. The growth pace was the most rapid in 2021 an increase of 57%. As a result, import price attained the peak level of $2,087 per ton, and then contracted 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 Indonesia ($3,403 per ton), while the price for Malaysia ($695 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Italy

Imports of fibres; synthetic filament tow, of polyesterses into Italy expanded to 552 tons in 2022, increasing by 2.6% compared with the previous year. Overall, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 211% against the previous year. As a result, imports attained the peak of 890 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fibres; synthetic filament tow, of polyesterses declined to $985K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 182% against the previous year. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fibres; Synthetic Filament Tow, of Polyesters in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18310433242932.8%
United States1.553.983.2114323.6%
China13385324490.6-12.0%
MalaysiaN/AN/AN/A81.40%
Czech Republic0.413230977.1477.7%
IndonesiaN/AN/AN/A62.90%
BelarusN/AN/A33.033.30.9%
Others10339.712395.9-2.4%
Total4201,1831,12398532.9%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Italy in 2022:

  1. Germany (164.6 tons)
  2. Malaysia (117.1 tons)
  3. United States (115.8 tons)
  4. China (51.1 tons)
  5. Belarus (40.0 tons)
  6. Czech Republic (24.2 tons)
  7. Indonesia (18.5 tons)

Source: IndexBox Market Intelligence Platform

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