Synthetic Filament Tow Price in Denmark - 2023

Contents:

1. Synthetic Filament Tow Price in Denmark (FOB) - 2022
2. Synthetic Filament Tow Price in Denmark (CIF) - 2022
3. Synthetic Filament Tow Exports in Denmark
4. Synthetic Filament Tow Imports in Denmark

Synthetic Filament Tow Price in Denmark (FOB) - 2022

In 2022, the average synthetic filament tow export price amounted to $10,500 per ton, waning by -40.1% against the previous year. In general, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 102% against the previous year. As a result, the export price reached the peak level of $23,678 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($61,206 per ton), while the average price for exports to Sweden ($5,980 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 France (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Synthetic Filament Tow Price in Denmark (CIF) - 2022

The average synthetic filament tow import price stood at $12,557 per ton in 2022, jumping by 75% against the previous year. Over the period under review, the import price enjoyed a tangible expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 105% against the previous year. The import price peaked at $30,548 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($36,107 per ton), while the price for Turkey ($5,469 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Synthetic Filament Tow Exports in Denmark

In 2022, the amount of synthetic filament tows exported from Denmark fell to 31 tons, with a decrease of -9% compared with the previous year's figure. In general, exports faced a abrupt setback. The smallest decline of -0.8% was in 2021.

In value terms, synthetic filament tow exports fell sharply to $321K in 2022. Over the period under review, exports recorded a dramatic decrease. The smallest decline of -21.3% was in 2021.

Top Export Markets for Synthetic Filament Tow from Denmark in 2022:

1. Poland (undefined tons)
2. Sweden (9.1 tons)
3. Norway (5.1 tons)
4. Germany (4.8 tons)
5. France (2.6 tons)
6. Malta (2.5 tons)
7. United Kingdom (1.9 tons)
8. Turkey (1.4 tons)
9. Faroe Islands (0.5 tons)
10. Italy (0.3 tons)
11. Canada (0.2 tons)
12. Spain (0.2 tons)

Synthetic Filament Tow Imports in Denmark

In 2022, the amount of synthetic filament tows imported into Denmark surged to 79 tons, growing by 82% on the year before. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 225%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, synthetic filament tow imports skyrocketed to $992K in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Synthetic Filament Tow to Denmark in 2022:

1. China (40.8 tons)
2. Netherlands (20.4 tons)
3. Germany (4.8 tons)
4. Spain (4.0 tons)
5. Sweden (3.2 tons)
6. Turkey (2.1 tons)
7. United Kingdom (2.1 tons)
8. Norway (0.2 tons)

Source: IndexBox Market Intelligence Platform