Price for Fibres; Synthetic Filament Tow, of Polyesters in Bangladesh - 2022

Contents:

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

Price for Fibres; Synthetic Filament Tow, of Polyesters in Bangladesh (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $5,580 per ton, surging by 17% against the previous year. In general, the import price enjoyed a tangible increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 122% against the previous year. The import price peaked at $8,631 per ton in 2016; however, from 2017 to 2022, 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 Hong Kong SAR ($12,665 per ton), while the price for Taiwan (Chinese) ($1,324 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Bangladesh (FOB) - 2022

In 2021, the average export price for fibres; synthetic filament tow, of polyesterses amounted to $33,823 per ton, flattening at the previous year. Over the period under review, the export price enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2019 an increase of 65% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

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

From 2013 to 2021, the rate of growth in terms of prices for Germany amounted to 0.0% per year.

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Bangladesh

Imports of fibres; synthetic filament tow, of polyesterses into Bangladesh skyrocketed to 1.1K tons in 2022, growing by 28% against the year before. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of fibres; synthetic filament tow, of polyesterses surged to $6.1M in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Bangladesh in 2022:

1. China (852.4 tons)
2. Thailand (97.5 tons)
3. Hong Kong SAR (67.5 tons)
4. Singapore (21.2 tons)
5. Taiwan (Chinese) (20.5 tons)
6. Japan (14.2 tons)

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Bangladesh

In 2021, the amount of fibres; synthetic filament tow, of polyesterses exported from Bangladesh stood at 4.7 tons, approximately equating the previous year's figure. In general, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, exports of fibres; synthetic filament tow, of polyesterses totaled $158K in 2021. Overall, exports posted a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Bangladesh in 2022:

1. Saudi Arabia (4.6 tons)

Source: IndexBox Market Intelligence Platform