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

Contents:

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

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

In 2022, the average import price for fibres; synthetic filament tow, of polypropylene amounted to $2,969 per ton, with an increase of 21% against the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. Over the period under review, average import prices attained the peak figure at $3,607 per ton in 2012; however, from 2013 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 China ($3,881 per ton), while the price for Thailand ($2,253 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+28.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for fibres; synthetic filament tow, of polypropylene stood at $1,880 per ton in 2020, picking up by 5.2% against the previous year. Over the period from 2019 to 2020, it increased at an average annual rate of +5.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2019 to 2020, the rate of growth in terms of prices for Cameroon amounted to +5.2% per year.

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

For the fourth year in a row, Bangladesh recorded growth in purchases abroad of fibres; synthetic filament tow, of polypropylene, which increased by 20% to 83 tons in 2022. The total import volume increased at an average annual rate of +12.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fibres; synthetic filament tow, of polypropylene skyrocketed to $246K in 2022. Over the period under review, imports saw a significant increase. 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 Polypropylene to Bangladesh in 2022:

1. Taiwan (Chinese) (62.9 tons)
2. China (11.4 tons)
3. Thailand (8.6 tons)

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

Exports of fibres; synthetic filament tow, of polypropylene from Bangladesh dropped slightly to 21 tons in 2020, with a decrease of -4.5% on 2019 figures. In general, exports showed a noticeable descent.

In value terms, exports of fibres; synthetic filament tow, of polypropylene reached $39K in 2020. Overall, exports, however, saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Cameroon (21.0 tons)

Source: IndexBox Market Intelligence Platform