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

Contents:

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

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

In 2022, the average import price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $3,919 per ton, rising by 6.3% against the previous year. In general, the import price saw a temperate increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 66%. Over the period under review, average import prices reached the peak figure in 2022 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 South Korea ($9,810 per ton), while the price for Taiwan (Chinese) ($756 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $7,097 per ton, flattening at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 106% against the previous year. As a result, the export price reached the peak level of $14,509 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +4.4% per year.

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

In 2022, the amount of fibres; synthetic filament tow, of nylon or other polyamideses imported into Bangladesh contracted dramatically to 6.6 tons, dropping by -84% on the previous year's figure. Over the period under review, imports showed a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 510% against the previous year.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses dropped dramatically to $26K in 2022. Overall, imports showed a significant decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 542%. As a result, imports attained the peak of $153K, and then reduced markedly in the following year.

Import of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan76.217.710519.8-36.2%
China5.31.817.32.7-20.1%
Indonesia11.42.19.71.4-50.3%
Taiwan (Chinese)24.91.014.90.9-66.9%
Others10.71.36.01.2-51.8%
Total12823.815326.0-41.2%

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

  1. Japan (2.9 tons)
  2. China (1.6 tons)
  3. Taiwan (Chinese) (1.2 tons)
  4. Indonesia (0.9 tons)

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

In 2022, shipments abroad of fibres; synthetic filament tow, of nylon or other polyamideses decreased by -20% to 1.4 tons, falling for the second year in a row after two years of growth. Overall, total exports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -36.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year. As a result, the exports attained the peak of 2.1 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fibres; synthetic filament tow, of nylon or other polyamideses shrank sharply to $9.7K in 2022. In general, exports showed a abrupt shrinkage.

Export of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand6.415.112.19.714.9%
Norway12.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total18.815.112.19.7-19.8%

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

  1. Thailand (1.4 tons)

Source: IndexBox Market Intelligence Platform

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