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

Contents:

1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Germany (CIF) - 2022
2. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Germany

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

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $3,061 per ton, remaining relatively unchanged against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fibres; synthetic filament tow, of polyesterses decreased by -10.9% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 15% against the previous year. The import price peaked at $3,435 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4,921 per ton), while the price for Belgium ($1,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of fibres; synthetic filament tow, of polyesterses into Germany dropped markedly to 722 tons in 2022, which is down by -23.2% against 2021 figures. Over the period under review, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 84% against the previous year. As a result, imports reached the peak of 940 tons, and then shrank sharply in the following year.

In value terms, imports of fibres; synthetic filament tow, of polyesterses reduced dramatically to $2.2M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. As a result, imports reached the peak of $2.9M, and then fell markedly in the following year.

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

1. Japan (389.9 tons)
2. Belgium (159.4 tons)
3. India (105.6 tons)
4. China (18.6 tons)
5. South Korea (17.3 tons)
6. Poland (14.5 tons)

Source: IndexBox Market Intelligence Platform