Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Argentina - 2024

Contents:

  1. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Argentina (CIF) - 2022
  2. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Argentina (FOB) - 2022
  3. Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Argentina
  4. Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Argentina

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Argentina (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $3,712 per ton, with an increase of 21% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.1% 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, acrylic or modacrylics increased by +66.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Portugal ($3,946 per ton) and Turkey ($3,595 per ton), while the price for Germany ($3,339 per ton) and Thailand ($3,464 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Argentina (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $54,776 per ton, picking up by 10% against the previous year. Over the period under review, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 73%. The export price peaked at $510,000 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2013 to 2022, the rate of growth in terms of prices for Bolivia amounted to +6.7% per year.

Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Argentina

In 2022, after three years of growth, there was significant decline in purchases abroad of fibres; synthetic filament tow, acrylic or modacrylics, when their volume decreased by -8.8% to 4.1K tons. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.6% 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 +38.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of 4.5K tons, and then shrank in the following year.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics stood at $15M in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 87%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal2.71.64.87.138.0%
Turkey2.73.14.54.316.8%
ThailandN/AN/A0.22.91350.0%
Germany2.22.24.00.7-31.7%
Belarus0.30.40.1N/A-42.3%
OthersN/AN/A0.10.10.0%
Total7.87.413.715.224.9%

Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Argentina in 2022:

  1. Portugal (1789.0 tons)
  2. Turkey (1209.8 tons)
  3. Thailand (851.3 tons)
  4. Germany (214.4 tons)

Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Argentina

After two years of growth, overseas shipments of fibres; synthetic filament tow, acrylic or modacrylics decreased by -97.2% to 1 kg in 2022. In general, exports recorded a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 300% against the previous year. As a result, the exports reached the peak of 36 kg, and then reduced remarkably in the following year.

In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics fell remarkably to $25 in 2022. Overall, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 251% against the previous year. As a result, the exports reached the peak of $1.8K, and then dropped sharply in the following year.

Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Argentina (USD)
COUNTRY202020212022CAGR,
2020-2022
Bolivia4331,00325.0-76.0%
ChileN/A522N/A0%
NigeriaN/A267N/A0%
Others77.0N/AN/A0%
Total5101,79225.0-77.9%

Top Export Markets for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic from Argentina in 2022:

  1. Bolivia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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