Synthetic Filament Tow Price in Algeria - 2022
Contents:
Synthetic Filament Tow Price in Algeria (CIF) - 2022
The average synthetic filament tow import price stood at $6,216 per ton in 2022, shrinking by -57.6% against the previous year. Overall, the import price, however, posted a perceptible expansion. The growth pace was the most rapid in 2015 an increase of 105%. The import price peaked at $17,106 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 UK ($748,000 per ton), while the price for China ($3,230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Synthetic Filament Tow Imports in Algeria
In 2022, approx. 52 tons of synthetic filament tows were imported into Algeria; rising by 920% against the previous year. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, synthetic filament tow imports surged to $324K in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Synthetic Filament Tow in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 12.7 | 0% |
| Portugal | N/A | N/A | N/A | 10.3 | 0% |
| Belgium | N/A | N/A | N/A | 4.8 | 0% |
| China | 8.3 | 7.8 | 10.6 | 2.1 | -36.8% |
| United States | 8.1 | 7.3 | 9.3 | 1.7 | -40.6% |
| Greece | 4.8 | N/A | N/A | N/A | 0% |
| Others | 41.0 | 35.6 | 55.0 | 292 | 92.4% |
| Total | 62.2 | 50.6 | 74.9 | 324 | 73.3% |
Top Suppliers of Synthetic Filament Tow to Algeria in 2022:
- South Africa (1.2 tons)
- Portugal (1.0 tons)
- China (0.6 tons)
- Belgium (0.4 tons)
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