Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Germany - 2024
Contents:
- Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Germany (CIF) - 2024
- Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Germany
Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Germany (CIF) - 2024
In March 2024, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $2,758 per ton, almost unchanged from the previous month. In general, the import price showed a mild decline. The pace of growth was the most pronounced in April 2023 an increase of 38% against the previous month. The import price peaked at $5,275 per ton in July 2023; however, from August 2023 to March 2024, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From March 2023 to March 2024, the rate of growth in terms of prices for Turkey amounted to -0.1% per month.
Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Germany
In 2022, approx. 1K tons of fibres; synthetic filament tow, acrylic or modacrylics were imported into Germany; with an increase of 50% compared with the year before. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 826% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics soared to $3.9M in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 501%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 150 | N/A | 1,493 | 2,404 | 152.1% |
| Netherlands | N/A | N/A | 0.1 | 606 | 605900.0% |
| United States | 3.9 | 33.3 | 371 | 205 | 274.6% |
| Hungary | 78.1 | 214 | 292 | 204 | 37.7% |
| Portugal | 59.1 | 19.9 | 33.6 | 165 | 40.8% |
| Belgium | N/A | N/A | N/A | 81.7 | 0% |
| Peru | N/A | N/A | N/A | 68.1 | 0% |
| Lithuania | N/A | N/A | N/A | 33.7 | 0% |
| Japan | 285 | 51.8 | 12.4 | N/A | -79.1% |
| Others | 148 | 80.6 | 200 | 174 | 5.5% |
| Total | 724 | 400 | 2,402 | 3,941 | 75.9% |
Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Germany in 2022:
- Turkey (700.4 tons)
- Netherlands (125.2 tons)
- Belgium (40.2 tons)
- Hungary (38.7 tons)
- Peru (35.7 tons)
- Portugal (34.0 tons)
- Lithuania (22.9 tons)
- United States (12.6 tons)
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