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

Contents:

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

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

In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $3,031 per ton, waning by -9.1% against the previous year. In general, import price indicated a noticeable 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 +35.6% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 61%. As a result, import price reached the peak level of $3,334 per ton, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($3,261 per ton) and Thailand ($3,140 per ton), while the price for Poland ($2,910 per ton) and Belarus ($2,916 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $6,654 per ton, reducing by -3.9% against the previous year. In general, the export price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 10%. Over the period under review, the average export prices reached the peak figure at $6,926 per ton in 2021, and then dropped in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +1.3% per year.

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

After two years of decline, purchases abroad of fibres; synthetic filament tow, acrylic or modacrylics increased by 2.2% to 164 tons in 2022. In general, imports, however, continue to indicate a precipitous decrease.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics fell to $497K in 2022. Over the period under review, imports, however, saw a dramatic setback.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus1,546488286233-46.8%
TurkeyN/AN/A73.513279.6%
ThailandN/AN/AN/A71.40%
Poland14888.290.960.7-25.7%
OthersN/AN/A84.2N/A0%
Total1,694576534497-33.6%

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

  1. Belarus (79.8 tons)
  2. Turkey (40.4 tons)
  3. Thailand (22.7 tons)
  4. Poland (20.9 tons)

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

In 2022, after two years of growth, there was significant decline in overseas shipments of fibres; synthetic filament tow, acrylic or modacrylics, when their volume decreased by -96.4% to 597 kg. Over the period under review, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 201%. As a result, the exports reached the peak of 17 tons, and then dropped notably in the following year.

In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics dropped sharply to $4K in 2022. Overall, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 206% against the previous year. As a result, the exports reached the peak of $116K, and then shrank markedly in the following year.

Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Lithuania (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Russia37.91164.0-67.5%
OthersN/AN/AN/A0%
Total37.91164.0-67.5%

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

  1. Russia (597.0 kg)

Source: IndexBox Market Intelligence Platform

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