Price for Fibres; Synthetic Filament Tow, of Polypropylene in the United States - 2023

Contents:

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

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

The average export price for fibres; synthetic filament tow, of polypropylene stood at $23,585 per ton in 2022, waning by -38.8% against the previous year. Overall, the export price, however, saw resilient growth. The growth pace was the most rapid in 2020 when the average export price increased by 83% against the previous year. As a result, the export price reached the peak level of $47,282 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($143,741 per ton), while the average price for exports to Bolivia ($1,220 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 Australia (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for fibres; synthetic filament tow, of polypropylene amounted to $4,377 per ton, growing by 50% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $4,598 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Germany amounted to +20.2% per year.

Exports of Fibres; Synthetic Filament Tow, of Polypropylene in the United States

In 2022, overseas shipments of fibres; synthetic filament tow, of polypropylene were finally on the rise to reach 124 tons after two years of decline. In general, exports, however, continue to indicate a dramatic setback.

In value terms, exports of fibres; synthetic filament tow, of polypropylene contracted to $2.9M in 2022. Overall, exports, however, saw a precipitous descent.

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

1. Bolivia (16.0 tons)
2. South Korea (14.9 tons)
3. Israel (14.2 tons)
4. Canada (12.3 tons)
5. Japan (10.6 tons)
6. Sweden (10.4 tons)
7. Australia (9.6 tons)
8. China (7.1 tons)
9. Mexico (6.7 tons)
10. Trinidad and Tobago (4.5 tons)
11. Kuwait (4.1 tons)
12. Costa Rica (3.0 tons)

Imports of Fibres; Synthetic Filament Tow, of Polypropylene in the United States

In 2022, the amount of fibres; synthetic filament tow, of polypropylene imported into the United States skyrocketed to 274 tons, jumping by 239% compared with the previous year. Overall, imports recorded significant growth. 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 soared to $1.2M in 2022. In general, imports recorded significant growth. 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 the United States in 2022:

1. China (273.5 tons)

Source: IndexBox Market Intelligence Platform