Price for Fibres; Synthetic Filament Tow, of Polyesters in Switzerland - 2023
Contents:
- Price for Fibres; Synthetic Filament Tow, of Polyesters in Switzerland (CIF) - 2023
- Price for Fibres; Synthetic Filament Tow, of Polyesters in Switzerland (FOB) - 2022
- Imports of Fibres; Synthetic Filament Tow, of Polyesters in Switzerland
- Exports of Fibres; Synthetic Filament Tow, of Polyesters in Switzerland
Price for Fibres; Synthetic Filament Tow, of Polyesters in Switzerland (CIF) - 2023
In November 2023, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $1,597 per ton, picking up by 5.3% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 44% against the previous month. As a result, import price reached the peak level of $2,414 per ton. From June 2023 to November 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to November 2023, the rate of growth in terms of prices for China amounted to -0.1% per month.
Price for Fibres; Synthetic Filament Tow, of Polyesters in Switzerland (FOB) - 2022
The average export price for fibres; synthetic filament tow, of polyesterses stood at $10,700 per ton in 2022, shrinking by -71.6% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 528% against the previous year. As a result, the export price attained the peak level of $47,155 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($30,304 per ton), while the average price for exports to Vietnam ($3,842 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 Serbia (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fibres; Synthetic Filament Tow, of Polyesters in Switzerland
Imports of fibres; synthetic filament tow, of polyesterses into Switzerland fell rapidly to 794 tons in 2022, which is down by -30% against the year before. Over the period under review, imports showed a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 45%. As a result, imports reached the peak of 1.1K tons, and then reduced dramatically in the following year.
In value terms, imports of fibres; synthetic filament tow, of polyesterses fell to $1.7M in 2022. In general, imports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 42%.
| Import of Fibres; Synthetic Filament Tow, of Polyesters in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 1.2 | 1.8 | 1.6 | -3.9% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 1.8 | 1.3 | 1.8 | 1.7 | -1.9% |
Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Switzerland in 2022:
- China (787.3 tons)
Exports of Fibres; Synthetic Filament Tow, of Polyesters in Switzerland
In 2022, exports of fibres; synthetic filament tow, of polyesterses from Switzerland surged to 4.1 tons, growing by 148% against the previous year. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fibres; synthetic filament tow, of polyesterses dropped rapidly to $44K in 2022. In general, exports saw buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 70%. As a result, the exports reached the peak of $62K, and then fell notably in the following year.
| Export of Fibres; Synthetic Filament Tow, of Polyesters in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 6.4 | 7.2 | 5.9 | 10.2 | 16.8% |
| China | 5.2 | 5.5 | 5.7 | 8.1 | 15.9% |
| Pakistan | 5.2 | 4.2 | 3.9 | 4.9 | -2.0% |
| India | 2.0 | 1.8 | 4.3 | 4.4 | 30.1% |
| Brazil | 1.0 | 2.2 | 0.2 | 1.7 | 19.3% |
| Vietnam | 1.9 | 1.0 | 0.6 | 1.6 | -5.6% |
| France | 3.5 | 0.9 | 1.9 | 0.7 | -41.5% |
| Others | 7.3 | 13.7 | 39.7 | 12.1 | 18.3% |
| Total | 32.6 | 36.5 | 62.2 | 43.7 | 10.3% |
Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Switzerland in 2022:
- Pakistan (1279.0 kg)
- Brazil (443.0 kg)
- Vietnam (412.0 kg)
- India (353.0 kg)
- Taiwan (Chinese) (335.0 kg)
- China (269.0 kg)
- France (194.0 kg)
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