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United Kingdom - Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSynthetic Filament Tow Price in UK Rises Slightly to $1,754 per Ton
United Kingdom Synthetic Filament Tow Import Price in January 2023
In January 2023, the synthetic filament tow price stood at $1,754 per ton (CIF, United Kingdom), rising by 3.6% against the previous month. Over the period under review, the import price, however, saw a slight decline. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 11% month-to-month. As a result, import price attained the peak level of $2,405 per ton. From August 2022 to January 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6,344 per ton), while the price for Indonesia ($1,070 per ton) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
COUNTRY | Import Price of Synthetic Filament Tow in United Kingdom (USD per ton) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | |
United States | 26,586 | 5,233 | 4,390 | 4,652 | 4,349 | 5,720 | 4,955 | 6,480 | 4,269 | 4,972 | 5,239 | 5,269 | 6,344 |
Japan | 5,769 | 5,070 | 7,929 | 5,585 | 4,915 | 4,980 | 4,244 | 3,894 | 4,806 | 4,386 | 4,748 | 4,907 | 5,151 |
Germany | 3,046 | 3,684 | 3,709 | 4,248 | 3,877 | 3,491 | 3,653 | 3,521 | 3,522 | 3,061 | 3,799 | 3,786 | 3,624 |
Portugal | 4,263 | 4,075 | 4,483 | 4,200 | 4,076 | 4,004 | 4,030 | 3,981 | 3,630 | 3,690 | 3,674 | 3,784 | 3,409 |
Ireland | 1,792 | 1,858 | 2,037 | 1,801 | 1,773 | 1,667 | 1,113 | 1,715 | 1,546 | 1,706 | 1,613 | 1,778 | 1,954 |
Belgium | 2,214 | 1,865 | 2,014 | 2,295 | 2,230 | 2,487 | 2,354 | 2,177 | 2,023 | 1,987 | 1,972 | 1,809 | 1,928 |
China | 1,568 | 1,612 | 3,238 | 4,038 | 3,563 | 4,060 | 3,831 | 3,054 | 2,534 | 1,770 | 1,999 | 1,757 | 1,857 |
India | 1,554 | 1,509 | 1,459 | 1,541 | 1,480 | 1,643 | 1,519 | 1,513 | 1,720 | 1,734 | 1,483 | 1,520 | 1,672 |
South Africa | < 0.1 | 1,460 | 1,653 | 1,438 | 1,183 | 1,451 | 1,531 | 1,484 | 1,440 | 1,402 | 1,518 | 1,485 | 1,425 |
Taiwan (Chinese) | 1,696 | 1,850 | 1,506 | 1,434 | 1,421 | 1,617 | 1,556 | 1,699 | 1,618 | 1,518 | 1,552 | 1,453 | 1,258 |
South Korea | 1,477 | 1,437 | 1,180 | 1,340 | 1,425 | 1,532 | 1,618 | 1,528 | 1,522 | 1,500 | 1,573 | 1,329 | 1,243 |
Vietnam | 1,184 | 1,252 | 1,218 | 1,258 | 1,202 | 1,160 | 1,331 | 1,425 | 1,318 | 1,381 | 1,431 | 1,159 | 1,084 |
Indonesia | 1,290 | 1,315 | 1,218 | 1,143 | 1,154 | 1,209 | 1,229 | 1,452 | 1,313 | 1,349 | 1,307 | 1,112 | 1,070 |
Average | 2,030 | 1,969 | 1,767 | 1,952 | 2,160 | 2,170 | 2,405 | 2,291 | 1,911 | 1,816 | 1,998 | 1,693 | 1,754 |
United Kingdom Synthetic Filament Tow Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In January 2023, the product with the highest price was synthetic filament tow ($4,056 per ton), while the price for synthetic staple fibres, not carded, combed or otherwise processed for spinning totaled $1,663 per ton.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by synthetic staple fibres, not carded, combed or otherwise processed for spinning (-0.7%).
United Kingdom Synthetic Filament Tow Imports
In January 2023, after two months of decline, there was significant growth in purchases abroad of synthetic filament tow and staple fibers, not carded or combed, when their volume increased by 9.6% to 12K tons. Over the period under review, imports, however, saw a slight decrease. The pace of growth appeared the most rapid in September 2022 with an increase of 48% against the previous month.
In value terms, synthetic filament tow imports rose notably to $20M (IndexBox estimates) in January 2023. Overall, imports, however, showed a pronounced setback. The most prominent rate of growth was recorded in September 2022 with an increase of 24% m-o-m.
United Kingdom Synthetic Filament Tow Imports by Type
In January 2023, synthetic staple fibres, not carded, combed or otherwise processed for spinning (11K tons) was the main type of synthetic filament tow supplied to the UK, accounting for a 96% share of total imports. Moreover, synthetic staple fibres, not carded, combed or otherwise processed for spinning exceeded the figures recorded for the second-largest type, synthetic filament tow (440 tons), more than tenfold.
From January 2022 to January 2023, the average monthly rate of growth in terms of the volume of import of synthetic staple fibres, not carded, combed or otherwise processed for spinning totaled -1.6%.
In value terms, synthetic staple fibres, not carded, combed or otherwise processed for spinning ($18M) constituted the largest type of synthetic filament tow supplied to the UK, comprising 91% of total imports. The second position in the ranking was taken by synthetic filament tow ($1.8M), with an 8.8% share of total imports.
United Kingdom Synthetic Filament Tow Imports by Country
South Korea (2.3K tons), Ireland (1.8K tons) and Vietnam (1.6K tons) were the main suppliers of synthetic filament tow imports to the UK, with a combined 50% share of total imports. These countries were followed by Indonesia, Taiwan (Chinese), China, Germany, Japan, the United States, Belgium, India, South Africa and Portugal, which together accounted for a further 45%.
From January 2022 to January 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +12.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Ireland ($3.6M), South Korea ($2.9M) and Vietnam ($1.8M) were the largest synthetic filament tow suppliers to the UK, with a combined 41% share of total imports. These countries were followed by Indonesia, Taiwan (Chinese), the United States, Japan, Germany, China, Belgium, Portugal, India and South Africa, which together accounted for a further 53%.
South Africa, with a CAGR of +9.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the synthetic filament tow market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601120 - Other polyamide tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601140 - Acrylic tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601150 - Polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning
- Prodcom 20601190 - Other synthetic tow and staple not carded, combed or otherwise processed for spinning
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023