Price for Fibres; Synthetic Filament Tow, of Polypropylene in Vietnam - 2022
Contents:
- Price for Fibres; Synthetic Filament Tow, of Polypropylene in Vietnam (CIF) - 2022
- Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Vietnam
Price for Fibres; Synthetic Filament Tow, of Polypropylene in Vietnam (CIF) - 2022
The average import price for fibres; synthetic filament tow, of polypropylene stood at $5,656 per ton in 2022, falling by -28.8% against the previous year. Overall, the import price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 156%. The import price peaked at $7,948 per ton in 2021, and then contracted significantly in the following year.
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 China ($13,145 per ton), while the price for Taiwan (Chinese) ($2,083 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Vietnam
In 2022, overseas purchases of fibres; synthetic filament tow, of polypropylene were finally on the rise to reach 6.8 tons after two years of decline. In general, imports, however, continue to indicate a sharp decline.
In value terms, imports of fibres; synthetic filament tow, of polypropylene stood at $38K in 2022. Overall, imports, however, showed a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 0.3% against the previous year.
| Import of Fibres; Synthetic Filament Tow, of Polypropylene in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.1 | 4.8 | 11.7 | 18.0 | 104.7% |
| China | 108 | 29.7 | 22.2 | 11.3 | -52.9% |
| United States | N/A | N/A | N/A | 7.1 | 0% |
| South Korea | 2.7 | 2.9 | 3.5 | 1.6 | -16.0% |
| Taiwan (Chinese) | 0.6 | 0.7 | 0.8 | 0.4 | -12.6% |
| Austria | 149 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 262 | 38.1 | 38.2 | 38.3 | -47.3% |
Top Suppliers of Fibres; Synthetic Filament Tow, of Polypropylene to Vietnam in 2022:
- Netherlands (4.4 tons)
- China (0.9 tons)
- United States (0.8 tons)
- South Korea (0.5 tons)
- Taiwan (Chinese) (0.2 tons)
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