Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belarus - 2022

Contents:

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

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

In 2022, the average export price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $2,851 per ton, rising by 16% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fibres; synthetic filament tow, acrylic or modacrylics increased by +70.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($3,912 per ton), while the average price for exports to India ($2,161 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 Pakistan (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $1,982 per ton, increasing by 4.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 29% against the previous year. Over the period under review, average import prices reached the peak figure at $2,596 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +0.0% per year.

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

Exports of fibres; synthetic filament tow, acrylic or modacrylics from Belarus contracted significantly to 5.9K tons in 2022, with a decrease of -45.7% compared with the previous year. Over the period under review, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 0.8%.

In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics declined markedly to $17M in 2022. In general, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 when exports increased by 48%.

Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey7.01.25.86.1-4.5%
Russia7.85.45.73.7-22.0%
United Arab Emirates2.40.63.42.1-4.4%
India13.74.71.61.1-56.9%
Iran1.90.61.51.0-19.3%
Pakistan2.51.64.00.6-37.9%
China1.61.21.60.5-32.1%
Others4.83.03.21.8-27.9%
Total41.518.227.016.9-25.9%

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

  1. Turkey (1875.5 tons)
  2. Russia (1382.9 tons)
  3. United Arab Emirates (828.4 tons)
  4. India (524.6 tons)
  5. Iran (282.0 tons)
  6. China (240.6 tons)
  7. Pakistan (155.8 tons)

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

In 2022, the amount of fibres; synthetic filament tow, acrylic or modacrylics imported into Belarus skyrocketed to 15 tons, growing by 23% compared with 2021. Over the period under review, imports enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by 99.9%. As a result, imports reached the peak of 22 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics surged to $29K in 2022. Overall, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 95%. As a result, imports attained the peak of $43K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia22.121.522.929.410.0%
TurkeyN/A21.7N/AN/A0%
OthersN/AN/AN/AN/A0%
Total22.143.222.929.410.0%

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

  1. Russia (14.8 tons)

Source: IndexBox Market Intelligence Platform

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