Price for Fibres; Synthetic Filament Tow, of Polypropylene in Japan - 2022
Contents:
- Price for Fibres; Synthetic Filament Tow, of Polypropylene in Japan (CIF) - 2022
- Price for Fibres; Synthetic Filament Tow, of Polypropylene in Japan (FOB) - 2022
- Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Japan
- Exports of Fibres; Synthetic Filament Tow, of Polypropylene in Japan
Price for Fibres; Synthetic Filament Tow, of Polypropylene in Japan (CIF) - 2022
In 2022, the average import price for fibres; synthetic filament tow, of polypropylene amounted to $12,066 per ton, increasing by 19% against the previous year. In general, the import price saw a prominent increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 155%. Over the period under review, average import prices hit record highs at $17,179 per ton in 2017; however, from 2018 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 the United States ($45,564 per ton), while the price for China stood at $3,503 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%).
Price for Fibres; Synthetic Filament Tow, of Polypropylene in Japan (FOB) - 2022
In 2022, the average export price for fibres; synthetic filament tow, of polypropylene amounted to $5,109 per ton, declining by -7.7% against the previous year. Overall, the export price, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2019 an increase of 246%. Over the period under review, the average export prices attained the peak figure at $11,595 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($20,366 per ton), while the average price for exports to Kenya ($4,264 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 the United States (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Japan
Imports of fibres; synthetic filament tow, of polypropylene into Japan stood at 63 tons in 2022, picking up by 3.7% against the previous year. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% 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 +81.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 75%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of fibres; synthetic filament tow, of polypropylene surged to $760K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 31%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Fibres; Synthetic Filament Tow, of Polypropylene in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 446 | 325 | 451 | 580 | 9.2% |
| China | 146 | 142 | 161 | 175 | 6.2% |
| Others | 1.7 | 1.1 | 2.3 | 4.1 | 34.1% |
| Total | 593 | 468 | 614 | 760 | 8.6% |
Top Suppliers of Fibres; Synthetic Filament Tow, of Polypropylene to Japan in 2022:
- China (50.1 tons)
- United States (12.7 tons)
Exports of Fibres; Synthetic Filament Tow, of Polypropylene in Japan
In 2022, the amount of fibres; synthetic filament tow, of polypropylene exported from Japan dropped notably to 34 tons, shrinking by -64% against 2021. Over the period under review, exports showed a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 410%.
In value terms, exports of fibres; synthetic filament tow, of polypropylene dropped rapidly to $173K in 2022. Overall, exports showed a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 143%.
| Export of Fibres; Synthetic Filament Tow, of Polypropylene in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 1,499 | 172 | 260 | 131 | -55.6% |
| Hong Kong SAR | 49.0 | 7.0 | 37.0 | 9.9 | -41.3% |
| Cote d'Ivoire | N/A | 4.4 | 28.7 | N/A | 552.3% |
| Others | 48.1 | 30.2 | 194 | 31.6 | -13.1% |
| Total | 1,596 | 214 | 520 | 173 | -52.3% |
Top Export Markets for Fibres; Synthetic Filament Tow, of Polypropylene from Japan in 2022:
- Kenya (30.8 tons)
- Hong Kong SAR (2.1 tons)
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