Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in South Africa - 2024
Contents:
- Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in South Africa (CIF) - 2022
- Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in South Africa (FOB) - 2022
- Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in South Africa
- Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in South Africa
Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in South Africa (CIF) - 2022
In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $6,112 per ton, picking up by 31% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.8% 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 +57.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($8,002 per ton), while the price for Peru ($2,014 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in South Africa (FOB) - 2022
In 2022, the average export price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $2,669 per ton, which is down by -18.4% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 20% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,385 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($3,867 per ton), while the average price for exports to Zambia ($2,183 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 Kenya (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in South Africa
In 2022, approx. 1.9K tons of fibres; synthetic filament tow, acrylic or modacrylics were imported into South Africa; which is down by -27.3% on 2021 figures. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 0.6% against the previous year.
In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics shrank to $12M in 2022. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 21%.
Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 4.7 | 4.2 | 5.0 | 7.5 | 16.9% |
Malaysia | 0.3 | N/A | 0.9 | 1.8 | 81.7% |
Turkey | 5.0 | 3.9 | 4.8 | 1.6 | -31.6% |
Peru | N/A | N/A | 0.1 | 0.4 | 300.0% |
Portugal | 0.5 | 0.3 | 0.3 | 0.2 | -26.3% |
South Korea | 0.1 | 0.9 | 1.1 | N/A | 231.7% |
China | 3.7 | 0.6 | N/A | N/A | -83.8% |
Others | N/A | 0.2 | N/A | 0.2 | 0.0% |
Total | 14.3 | 10.2 | 12.3 | 11.8 | -6.2% |
Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to South Africa in 2022:
- Japan (941.8 tons)
- Turkey (431.6 tons)
- Malaysia (233.7 tons)
- Peru (206.3 tons)
- Portugal (82.5 tons)
Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in South Africa
In 2022, after three years of growth, there was significant decline in overseas shipments of fibres; synthetic filament tow, acrylic or modacrylics, when their volume decreased by -41.4% to 1.1K tons. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 35%. As a result, the exports reached the peak of 1.9K tons, and then contracted remarkably in the following year.
In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics plummeted to $2.9M in 2022. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of $6.1M, and then dropped sharply in the following year.
Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | 1.1 | 0.2 | 0.6 | 1.7 | 15.6% |
Nigeria | 2.5 | 4.2 | 5.1 | 0.6 | -37.9% |
Kenya | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
Togo | N/A | 0.1 | 0.2 | N/A | 100.0% |
Others | 0.4 | 0.1 | 0.1 | 0.3 | -9.1% |
Total | 4.0 | 4.7 | 6.1 | 2.9 | -10.2% |
Top Export Markets for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic from South Africa in 2022:
- Zambia (778.5 tons)
- Nigeria (152.2 tons)
- Kenya (104.8 tons)
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In November 2022, Synthetic Filament Tow experienced the largest growth rate of 45% month-over-month. However, in October 2023, the exports of Synthetic Filament Tow saw a significant decline, with a value of $4.2M.
Discover the top 10 import markets for synthetic filament tow based on import value data from IndexBox platform. Learn about the key countries driving the demand for this essential material.
In 2016, approx. X tons of synthetic filament tow were imported worldwide- descending by -X% against the previous year level. In general, synthetic filament tow imports continue to indicate a m...
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