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

Contents:

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

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

In 2022, the average import price for fibres; synthetic filament tow, of polypropylene amounted to $62,073 per ton, surging by 351% against the previous year. In general, the import price showed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($560,000 per ton), while the price for Spain stood at $22,813 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.6%).

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

In 2021, the average export price for fibres; synthetic filament tow, of polypropylene amounted to $13,148 per ton, with an increase of 4.7% against the previous year. Overall, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 328% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($13,693 per ton), while the average price for exports to Cabo Verde amounted to $6,333 per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+25.7%).

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

In 2022, approx. 950 kg of fibres; synthetic filament tow, of polypropylene were imported into Portugal; growing by 185% against the year before. In general, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 437%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of fibres; synthetic filament tow, of polypropylene soared to $59K in 2022. Over the period under review, imports showed 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 Portugal in 2022:

1. Spain (880.0 kg)
2. United States (69.0 kg)

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

In 2021, approx. 81 kg of fibres; synthetic filament tow, of polypropylene were exported from Portugal; shrinking by -77.5% compared with the year before. Over the period under review, exports faced a dramatic setback. The smallest decline of -64% was in 2020.

In value terms, exports of fibres; synthetic filament tow, of polypropylene fell sharply to $1.1K in 2021. Overall, exports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 54%. As a result, the exports reached the peak of $4.5K, and then fell markedly in the following year.

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

1. United Kingdom (75.0 kg)
2. Cabo Verde (6.0 kg)

Source: IndexBox Market Intelligence Platform