Synthetic Filament Tow Price in the Czech Republic - 2023

Contents:

1. Synthetic Filament Tow Price in the Czech Republic (CIF) - 2022
2. Synthetic Filament Tow Price in the Czech Republic (FOB) - 2022
3. Synthetic Filament Tow Imports in the Czech Republic
4. Synthetic Filament Tow Exports in the Czech Republic

Synthetic Filament Tow Price in the Czech Republic (CIF) - 2022

The average synthetic filament tow import price stood at $5,428 per ton in 2022, with an increase of 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 18%. The import price peaked at $5,921 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 China ($13,657 per ton), while the price for Peru ($3,285 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Synthetic Filament Tow Price in the Czech Republic (FOB) - 2022

In 2022, the average synthetic filament tow export price amounted to $9,232 per ton, rising by 26% against the previous year. Overall, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2020 an increase of 164% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 the Netherlands ($52,531 per ton), while the average price for exports to Slovakia ($5,250 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 Romania (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.

Synthetic Filament Tow Imports in the Czech Republic

In 2022, approx. 495 tons of synthetic filament tows were imported into the Czech Republic; reducing by -6% against 2021 figures. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. As a result, imports reached the peak of 526 tons, and then fell in the following year.

In value terms, synthetic filament tow imports rose sharply to $2.7M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Synthetic Filament Tow to the Czech Republic in 2022:

1. Germany (166.4 tons)
2. Peru (89.7 tons)
3. Italy (70.6 tons)
4. Austria (51.9 tons)
5. Romania (42.5 tons)
6. United Kingdom (20.0 tons)
7. China (19.1 tons)

Synthetic Filament Tow Exports in the Czech Republic

For the third year in a row, the Czech Republic recorded decline in shipments abroad of synthetic filament tows, which decreased by -26.3% to 14 tons in 2022. Overall, exports showed a precipitous decrease.

In value terms, synthetic filament tow exports dropped to $125K in 2022. In general, exports showed a precipitous contraction.

Top Export Markets for Synthetic Filament Tow from the Czech Republic in 2022:

1. Spain (undefined tons)
2. Germany (7.8 tons)
3. Austria (4.0 tons)
4. Slovakia (0.7 tons)
5. Netherlands (0.3 tons)
6. Romania (0.2 tons)
7. France (0.1 tons)

Source: IndexBox Market Intelligence Platform