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

Contents:

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

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

The average import price for fibres; synthetic filament tow, acrylic or modacrylics stood at $21,648 per ton in 2022, with an increase of 59% against the previous year. In general, the import price posted a strong expansion. Over the period under review, average import prices reached the peak figure at $72,332 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($43,000 per ton), while the price for the UK totaled $20,817 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fibres; synthetic filament tow, acrylic or modacrylics stood at $3,855 per ton in 2022, declining by -75.9% against the previous year. Over the period under review, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2021 an increase of 78% against the previous year. As a result, the export price attained the peak level of $16,020 per ton, and then shrank remarkably in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for Iceland amounted to +8.6% per year.

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

In 2022, supplies from abroad of fibres; synthetic filament tow, acrylic or modacrylics decreased by -35.3% to 187 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a significant expansion.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics stood at $4K in 2022. In general, imports, however, showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A3.70%
NetherlandsN/AN/AN/A0.30%
PeruN/AN/A1.7N/A0%
Greenland0.1N/AN/AN/A0%
Others1.3N/A2.3N/A33.0%
Total1.4N/A3.94.041.9%

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

  1. United Kingdom (180.0 kg)
  2. Netherlands (7.0 kg)

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

In 2022, the amount of fibres; synthetic filament tow, acrylic or modacrylics exported from Denmark shrank markedly to 60 kg, falling by -67.9% against the previous year's figure. Overall, exports continue to indicate a significant curtailment. The smallest decline of -46.6% was in 2020.

In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics dropped notably to $964 in 2022. Over the period under review, exports showed a sharp curtailment. The smallest decline of -34.3% was in 2020.

Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GreenlandN/AN/A3.01.0-66.7%
Iceland23.515.4N/AN/A-34.5%
OthersN/AN/AN/AN/A0%
Total23.515.43.01.0-65.1%

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

  1. Greenland (60.0 kg)

Source: IndexBox Market Intelligence Platform

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