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

Contents:

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

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

In 2022, the average import price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $8,233 per ton, dropping by -21.2% against the previous year. Over the period under review, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 24%. Over the period under review, average import prices reached the maximum at $23,817 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, 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 +35.1% per year.

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

In 2022, the average export price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $6,937 per ton, falling by -66.7% against the previous year. Over the period under review, the export price, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2021 an increase of 232%. As a result, the export price reached the peak level of $20,856 per ton, and then contracted markedly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($7,520 per ton), while the average price for exports to Thailand amounted to $6,689 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+20.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the third consecutive year, Singapore recorded decline in overseas purchases of fibres; synthetic filament tow, of nylon or other polyamideses, which decreased by -74.2% to 2.7 tons in 2022. Over the period under review, imports continue to indicate a sharp descent. The smallest decline of -24.8% was in 2021.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses contracted rapidly to $22K in 2022. In general, imports faced a dramatic decline. The smallest decline of -18.9% was in 2020.

Import of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand0.80.727.222.0201.8%
Norway41.7N/AN/AN/A0%
ChinaN/A172N/AN/A0%
MalaysiaN/A5.6N/AN/A0%
Italy34.1N/A78.5N/A51.7%
Brazil15510.3N/AN/A-93.4%
Others8.76.42.7N/A-44.3%
Total24019510822.0-54.9%

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

  1. Thailand (2.7 tons)

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

In 2022, overseas shipments of fibres; synthetic filament tow, of nylon or other polyamideses were finally on the rise to reach 1.9 tons after two years of decline. Over the period under review, exports, however, showed a abrupt descent.

In value terms, exports of fibres; synthetic filament tow, of nylon or other polyamideses skyrocketed to $13K in 2022. Overall, exports, however, continue to indicate a abrupt decline.

Export of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand8.75.11.39.01.1%
Indonesia1.14.9N/A4.357.5%
Timor-Leste2.7N/AN/AN/A0%
Malaysia10.6N/AN/AN/A0%
Papua New GuineaN/A1.9N/AN/A0%
Others0.10.23.1N/A456.8%
Total23.212.14.513.3-16.9%

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

  1. Thailand (1344.0 kg)
  2. Indonesia (571.0 kg)

Source: IndexBox Market Intelligence Platform

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