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

Contents:

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

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

The average import price for fibres; synthetic filament tow, acrylic or modacrylics stood at $3,363 per ton in 2022, with a decrease of -1.6% against the previous year. Overall, import price indicated a modest increase from 2013 to 2022: its price increased at an average annual rate of +1.6% over the last nine years. 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 decreased by -5.0% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 31%. As a result, import price reached the peak level of $3,538 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($3,473 per ton), while the price for Thailand ($1,871 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fibres; synthetic filament tow, acrylic or modacrylics stood at $8,850 per ton in 2022, with a decrease of -20.5% against the previous year. In general, the export price, however, showed a remarkable increase. The growth pace was the most rapid in 2020 an increase of 189%. Over the period under review, the average export prices reached the maximum at $12,615 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($10,261 per ton), while the average price for exports to Italy ($2,596 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of fibres; synthetic filament tow, acrylic or modacrylics into Spain reduced dramatically to 1.8K tons, dropping by -54.6% against 2021 figures. Overall, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports attained the peak of 3.9K tons, and then contracted markedly in the following year.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics dropped markedly to $5.9M in 2022. Over the period under review, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. As a result, imports attained the peak of $13M, and then reduced markedly in the following year.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal3.02.65.33.33.2%
Turkey0.40.50.51.451.8%
PeruN/AN/A0.30.6100.0%
Mexico0.2N/AN/A0.20.0%
ItalyN/AN/A0.10.10.0%
Germany2.11.84.70.1-63.8%
Thailand0.1N/A0.10.10.0%
United States0.11.6N/AN/A1500.0%
France6.62.42.3N/A-41.0%
OthersN/AN/AN/A0.10%
Total12.59.213.55.9-22.1%

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

  1. Portugal (960.5 tons)
  2. Turkey (438.0 tons)
  3. Peru (158.6 tons)
  4. Mexico (58.9 tons)
  5. Italy (57.2 tons)
  6. Thailand (54.7 tons)
  7. Germany (46.0 tons)
  8. United States (3.0 tons)

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

Exports of fibres; synthetic filament tow, acrylic or modacrylics from Spain declined modestly to 81 tons in 2022, stabilizing at 2021 figures. In general, exports recorded a significant decrease. The growth pace was the most rapid in 2021 with an increase of 11%.

In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics shrank significantly to $720K in 2022. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year.

Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany635683746486-8.5%
France16071.111381.3-20.2%
Netherlands58.582.110275.08.6%
Portugal43.318.126.133.2-8.5%
Mexico0.9N/AN/A11.2131.7%
Italy0.20.40.33.6162.1%
India125N/AN/AN/A0%
Egypt39.5N/AN/AN/A0%
Turkey112N/AN/AN/A0%
Others18310.512829.7-45.5%
Total1,3568651,115720-19.0%

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

  1. Germany (47.4 tons)
  2. France (14.9 tons)
  3. Netherlands (8.7 tons)
  4. Portugal (4.0 tons)
  5. Mexico (2.3 tons)
  6. Italy (1.4 tons)

Source: IndexBox Market Intelligence Platform

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