Price for Fibres; Synthetic Filament Tow, of Polyesters in Denmark - 2023

Contents:

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

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

The average import price for fibres; synthetic filament tow, of polyesterses stood at $12,266 per ton in 2022, rising by 96% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices hit record highs at $13,034 per ton in 2017; however, from 2018 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 Sweden ($22,237 per ton), while the price for China ($10,773 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+31.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fibres; synthetic filament tow, of polyesterses stood at $33,243 per ton in 2022, shrinking by -31.7% against the previous year. Over the period under review, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2019 an increase of 332% against the previous year. As a result, the export price reached the peak level of $91,109 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($75,791 per ton), while the average price for exports to the Netherlands ($12,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 43 tons of fibres; synthetic filament tow, of polyesterses were imported into Denmark; picking up by 47% compared with the previous year's figure. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 262%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of fibres; synthetic filament tow, of polyesterses surged to $529K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fibres; Synthetic Filament Tow, of Polyesters in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45.915.4159398105.4%
Sweden1.2N/A0.5106345.4%
Turkey6.85.00.411.117.7%
Norway34.040.99.82.3-59.3%
Others11.18.314.211.92.3%
Total98.969.718452974.9%

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

  1. China (36.9 tons)
  2. Sweden (4.8 tons)
  3. Turkey (0.6 tons)
  4. Norway (0.2 tons)

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

In 2022, approx. 9.6 tons of fibres; synthetic filament tow, of polyesterses were exported from Denmark; surging by 12% compared with 2021 figures. Overall, exports, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. As a result, the exports reached the peak of 14 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fibres; synthetic filament tow, of polyesterses contracted rapidly to $319K in 2022. Over the period under review, exports, however, faced a sharp decline. The smallest decline of -22.4% was in 2021.

Export of Fibres; Synthetic Filament Tow, of Polyesters in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany542215243180-30.7%
Malta50.451.0N/A58.04.8%
Sweden64.841.533.730.1-22.6%
Turkey4.05.65.78.629.1%
France1.86.77.38.567.8%
Norway12.57.421.77.4-16.0%
Faroe IslandsN/A73.65.05.1-73.7%
United Kingdom18.719.8N/A3.3-43.9%
Poland60.51.03.12.0-67.9%
Spain59.936.24.00.8-76.3%
Switzerland6.34.10.20.1-74.9%
IcelandN/A12.115.8N/A30.6%
Netherlands57.442.319.4N/A-41.9%
Others11322.258.614.5-49.6%
Total991539418319-31.5%

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

  1. Malta (4545.0 kg)
  2. Germany (2378.0 kg)
  3. Sweden (658.0 kg)
  4. Turkey (569.0 kg)
  5. Faroe Islands (413.0 kg)
  6. Norway (356.0 kg)
  7. France (214.0 kg)
  8. United Kingdom (51.0 kg)
  9. Switzerland (25.0 kg)
  10. Poland (21.0 kg)
  11. Spain (12.0 kg)
  12. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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