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

Contents:

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

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

The average export price for fibres; synthetic filament tow, of polypropylene stood at $3,653 per ton in 2022, reducing by -9.7% against the previous year. In general, the export price recorded a perceptible reduction. The growth pace was the most rapid in 2015 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices hit record highs at $5,471 per ton in 2012; however, from 2013 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 Italy ($7,147 per ton), while the average price for exports to France ($1,756 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 Portugal (-0.6%), while the prices for the other major destinations experienced a decline.

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

The average import price for fibres; synthetic filament tow, of polypropylene stood at $5,353 per ton in 2022, rising by 10% against the previous year. In general, import price indicated a buoyant expansion from 2013 to 2022: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fibres; synthetic filament tow, of polypropylene decreased by -19.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 69%. As a result, import price attained the peak level of $6,617 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,914 per ton), while the price for Portugal ($3,240 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of fibres; synthetic filament tow, of polypropylene decreased by -9.6% to 81 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 4% against the previous year. As a result, the exports attained the peak of 140 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fibres; synthetic filament tow, of polypropylene contracted markedly to $295K in 2022. Over the period under review, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2020 when exports increased by 17%. As a result, the exports reached the peak of $440K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Portugal (41.6 tons)
2. France (37.9 tons)
3. Italy (1.2 tons)

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

In 2022, purchases abroad of fibres; synthetic filament tow, of polypropylene decreased by -39.6% to 51 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 8.6%. As a result, imports attained the peak of 109 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fibres; synthetic filament tow, of polypropylene shrank notably to $274K in 2022. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 83%. As a result, imports attained the peak of $721K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Greece (27.1 tons)
2. United Kingdom (18.4 tons)
3. China (3.6 tons)
4. Portugal (2.1 tons)

Source: IndexBox Market Intelligence Platform