Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Australia - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Australia (FOB) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Australia (CIF) - 2022
  3. Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Australia
  4. Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Australia

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Australia (FOB) - 2022

In October 2021, the average export price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $15,704 per ton, remaining constant against the previous month. Overall, the export price, however, faced a deep downturn. Over the period under review, the average export prices reached the maximum at $50,737 per ton in April 2021; however, from May 2021 to October 2021, the export prices failed to regain momentum.

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

From April 2021 to October 2021, the rate of growth in terms of prices for Papua New Guinea amounted to -17.8% per month.

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Australia (CIF) - 2022

The average import price for fibres; synthetic filament tow, of nylon or other polyamideses stood at $8,378 per ton in 2022, shrinking by -4.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 167% against the previous year. As a result, import price reached the peak level of $21,762 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($124,000 per ton), while the price for South Korea ($4,309 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Australia

In 2022, overseas shipments of fibres; synthetic filament tow, of nylon or other polyamideses decreased by -47.6% to 5.5 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,756%. As a result, the exports reached the peak of 11 tons, and then reduced sharply in the following year.

In value terms, exports of fibres; synthetic filament tow, of nylon or other polyamideses fell markedly to $93K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,025%. As a result, the exports reached the peak of $171K, and then contracted dramatically in the following year.

Export of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1.212.614378.4302.8%
Papua New Guinea0.12.427.014.3422.9%
Others3.20.21.10.5-46.1%
Total4.615.217193.2172.6%

Top Export Markets for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides from Australia in 2022:

  1. New Zealand (4.8 tons)
  2. Papua New Guinea (0.7 tons)

Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Australia

In 2022, approx. 1.6 tons of fibres; synthetic filament tow, of nylon or other polyamideses were imported into Australia; waning by -31.6% compared with 2021 figures. Overall, imports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 171%.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses shrank notably to $14K in 2022. Over the period under review, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 230% against the previous year.

Import of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.42.67.34.7-29.5%
Indonesia23.41.76.74.3-43.1%
South Korea26.01.13.12.0-57.5%
Germany7.20.31.81.1-46.5%
Taiwan (Chinese)1.50.20.90.9-15.7%
Netherlands3.30.10.40.2-60.7%
Others8.40.41.10.6-58.5%
Total83.26.421.113.8-45.1%

Top Suppliers of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides to Australia in 2022:

  1. China (693.0 kg)
  2. South Korea (459.0 kg)
  3. Indonesia (311.0 kg)
  4. Germany (96.0 kg)
  5. Netherlands (41.0 kg)
  6. Taiwan (Chinese) (35.0 kg)

Source: IndexBox Market Intelligence Platform

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