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

Contents:

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

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

The average import price for fibres; synthetic filament tow, of polypropylene stood at $1,818 per ton in 2022, approximately equating the previous year. Overall, the import price, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 20%. The import price peaked at $3,581 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -6.6% per year.

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

In 2021, the average export price for fibres; synthetic filament tow, of polypropylene amounted to $23,714 per ton, picking up by 32% against the previous year. Over the period under review, the export price posted significant growth. The pace of growth appeared the most rapid in 2018 an increase of 135%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2017 to 2021, the rate of growth in terms of prices for Panama amounted to +141.3% per year.

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

In 2022, overseas purchases of fibres; synthetic filament tow, of polypropylene decreased by -1.2% to 1.8 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 9.3%. As a result, imports reached the peak of 2 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fibres; synthetic filament tow, of polypropylene reduced to $3.2K in 2022. In general, imports continue to indicate a relatively flat trend pattern. The smallest decline of -0.4% was in 2020.

Top Suppliers of Fibres; Synthetic Filament Tow, of Polypropylene to Colombia in 2022:

1. United States (1.8 tons)

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

In 2021, exports of fibres; synthetic filament tow, of polypropylene from Colombia declined markedly to 7 kg, dropping by -22.2% on 2020 figures. In general, exports showed a dramatic setback. The smallest decline of -18.2% was in 2020.

In value terms, exports of fibres; synthetic filament tow, of polypropylene stood at $166 in 2021. The total export value increased at an average annual rate of +2.5% from 2019 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 2.5% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

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

1. Costa Rica (7.0 kg)

Source: IndexBox Market Intelligence Platform