Synthetic Filament Tow Price in Uzbekistan - 2023
Contents:
Synthetic Filament Tow Price in Uzbekistan (CIF) - 2023
In May 2023, the average synthetic filament tow import price amounted to $2,450 per ton, rising by 2.5% against the previous month. In general, the import price, however, continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 17% against the previous month. The import price peaked at $3,185 per ton in May 2022; however, from June 2022 to May 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was Turkey ($2,482 per ton), while the price for Belarus amounted to $2,265 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Turkey (-0.6%).
Synthetic Filament Tow Imports in Uzbekistan
For the fourth year in a row, Uzbekistan recorded growth in supplies from abroad of synthetic filament tows, which increased by 32% to 1.7K tons in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 39%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, synthetic filament tow imports skyrocketed to $4.6M in 2022. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 71%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Synthetic Filament Tow in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.5 | 1.9 | 3.3 | 2.3 | 15.3% |
| Belarus | N/A | N/A | N/A | 2.2 | 0% |
| South Korea | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 1.8 | 2.1 | 3.6 | 4.6 | 36.7% |
Top Suppliers of Synthetic Filament Tow to Uzbekistan in 2022:
- Turkey (889.6 tons)
- Belarus (778.5 tons)
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