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

Contents:

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

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

The average export price for fibres; synthetic filament tow, of polypropylene stood at $4,036 per ton in 2022, rising by 7.7% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fibres; synthetic filament tow, of polypropylene increased by +130.8% against 2012 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices hit record highs in 2022 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 Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +8.7% per year.

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

The average import price for fibres; synthetic filament tow, of polypropylene stood at $4,485 per ton in 2022, increasing by 125% against the previous year. Overall, the import price saw a moderate expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($7,044 per ton), while the price for China amounted to $3,173 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.5%).

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

For the third consecutive year, Paraguay recorded decline in overseas shipments of fibres; synthetic filament tow, of polypropylene, which decreased by -41.6% to 4 tons in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The smallest decline of -41.5% was in 2021.

In value terms, exports of fibres; synthetic filament tow, of polypropylene shrank remarkably to $16K in 2022. Overall, exports recorded a dramatic downturn.

Export of Fibres; Synthetic Filament Tow, of Polypropylene in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil63.940.225.315.9-37.1%
OthersN/AN/AN/AN/A0%
Total63.940.225.315.9-37.1%

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

  1. Brazil (4.0 tons)

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

In 2022, approx. 1.6 tons of fibres; synthetic filament tow, of polypropylene were imported into Paraguay; with a decrease of -74.4% on the previous year. Overall, imports recorded a precipitous decrease. The smallest decline of -6.3% was in 2020.

In value terms, imports of fibres; synthetic filament tow, of polypropylene shrank remarkably to $7.2K in 2022. Over the period under review, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 14%.

Import of Fibres; Synthetic Filament Tow, of Polypropylene in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.310.311.23.4-28.5%
Brazil0.50.81.31.956.0%
OthersN/AN/AN/A1.90%
Total9.811.112.57.2-9.8%

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

  1. China (1061.0 kg)
  2. Brazil (272.0 kg)

Source: IndexBox Market Intelligence Platform

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