Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in New Zealand - 2023
Contents:
- Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in New Zealand (CIF) - 2022
- Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in New Zealand
Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in New Zealand (CIF) - 2022
The average import price for fibres; synthetic filament tow, acrylic or modacrylics stood at $36,629 per ton in 2022, waning by -9.2% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 5,270% against the previous year. As a result, import price attained the peak level of $344,604 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($233,000 per ton), while the price for Australia ($8,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in New Zealand
In 2022, the amount of fibres; synthetic filament tow, acrylic or modacrylics imported into New Zealand declined rapidly to 456 kg, falling by -21.5% on the previous year. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 499%. As a result, imports reached the peak of 581 kg, and then shrank significantly in the following year.
In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics contracted remarkably to $17K in 2022. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 393%. As a result, imports attained the peak of $29K, and then contracted sharply in the following year.
| Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 3.7 | 22.6 | 14.9 | 41.1% |
| Japan | 0.9 | 0.7 | 2.1 | 0.9 | 0.0% |
| Luxembourg | N/A | N/A | N/A | 0.4 | 0% |
| Australia | 0.7 | 0.9 | 2.8 | N/A | 100.0% |
| Others | 0.7 | 0.5 | 1.3 | 0.5 | -10.6% |
| Total | 7.5 | 5.8 | 28.7 | 16.7 | 30.6% |
Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to New Zealand in 2022:
- China (399.0 kg)
- Japan (45.0 kg)
- Luxembourg (7.0 kg)
- Australia (1.0 kg)
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