Price for Fibres; Synthetic Filament Tow, of Polypropylene in Sri Lanka - 2022
Contents:
- Price for Fibres; Synthetic Filament Tow, of Polypropylene in Sri Lanka (CIF) - 2022
- Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Sri Lanka
Price for Fibres; Synthetic Filament Tow, of Polypropylene in Sri Lanka (CIF) - 2022
The average import price for fibres; synthetic filament tow, of polypropylene stood at $1,054 per ton in 2022, shrinking by -28.5% against the previous year. Overall, the import price showed a deep slump. The pace of growth appeared the most rapid in 2013 an increase of 67%. As a result, import price reached the peak level of $13,719 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +3.1% per year.
Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Sri Lanka
In 2022, approx. 34 tons of fibres; synthetic filament tow, of polypropylene were imported into Sri Lanka; growing by 18% on 2021. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.8% 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 +63.3% against 2019 indices. 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 shrank remarkably to $36K in 2022. Over the period under review, imports, however, showed a abrupt contraction. The smallest decline of -15.7% was in 2020.
| Import of Fibres; Synthetic Filament Tow, of Polypropylene in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.5 | 51.0 | 43.0 | 36.2 | 69.0% |
| Austria | 53.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 60.5 | 51.0 | 43.0 | 36.2 | -15.7% |
Top Suppliers of Fibres; Synthetic Filament Tow, of Polypropylene to Sri Lanka in 2022:
- China (34.4 tons)
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