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

Contents:

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

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

The average export price for fibres; synthetic filament tow, of polypropylene stood at $26,625 per ton in 2022, reducing by -46% against the previous year. Over the period under review, the export price saw a pronounced downturn. The growth pace was the most rapid in 2016 an increase of 2,025%. Over the period under review, the average export prices reached the peak figure at $49,346 per ton in 2021, and then shrank markedly in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($27,381 per ton), while the average price for exports to the Netherlands stood at $21,333 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+90.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2020, the average import price for fibres; synthetic filament tow, of polypropylene amounted to $6,703 per ton, dropping by -93.5% against the previous year. Over the period under review, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 167%. The import price peaked at $102,600 per ton in 2019, and then reduced rapidly in the following year.

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

From 2012 to 2020, the rate of growth in terms of prices for Germany amounted to +29.7% per year.

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

In 2022, approx. 48 kg of fibres; synthetic filament tow, of polypropylene were exported from Denmark; falling by -64.7% compared with 2021 figures. Overall, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year.

In value terms, exports of fibres; synthetic filament tow, of polypropylene dropped dramatically to $1.3K in 2022. Over the period under review, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 113%.

Export of Fibres; Synthetic Filament Tow, of Polypropylene in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.40.41.01.140.1%
Netherlands0.80.91.50.1-50.0%
Greenland9.6N/AN/AN/A0%
SwedenN/A0.5N/AN/A0%
United Kingdom0.3N/A0.1N/A-42.3%
LatviaN/A0.4N/AN/A0%
Italy0.3N/A2.7N/A200.0%
OthersN/A0.91.5N/A66.7%
Total11.33.26.71.3-51.4%

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

  1. Germany (42.0 kg)
  2. Netherlands (6.0 kg)

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

Imports of fibres; synthetic filament tow, of polypropylene into Denmark surged to 91 kg in 2020, picking up by 1,720% against the previous year. Overall, imports continue to indicate a significant expansion. 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 soared to $610 in 2020. The total import value increased at an average annual rate of +18.9% from 2019 to 2020; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fibres; Synthetic Filament Tow, of Polypropylene in Denmark (USD)
COUNTRY20192020CAGR,
2019-2020
LithuaniaN/A5910%
Sweden51319.0-96.3%
OthersN/AN/A0%
Total51361018.9%

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

  1. Lithuania (90.0 kg)
  2. Sweden (1.0 kg)

Source: IndexBox Market Intelligence Platform

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