Synthetic Filament Tow Price in Luxembourg - 2023

Contents:

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

Synthetic Filament Tow Price in Luxembourg (FOB) - 2022

In 2022, the average synthetic filament tow export price amounted to $8,372 per ton, rising by 22% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($8,116 per ton), while the average price for exports to Spain stood at $7,150 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+15.9%).

Synthetic Filament Tow Price in Luxembourg (CIF) - 2022

The average synthetic filament tow import price stood at $4,311 per ton in 2022, increasing by 4.8% against the previous year. In general, the import price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 106% against the previous year. Over the period under review, average import prices attained the maximum at $18,197 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,299 per ton), while the price for Belgium ($3,380 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-12.9%), while the prices for the other major suppliers experienced a decline.

Synthetic Filament Tow Exports in Luxembourg

In 2022, overseas shipments of synthetic filament tows increased by 39% to 54 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp setback.

In value terms, synthetic filament tow exports skyrocketed to $450K in 2022. Overall, exports, however, saw a abrupt shrinkage.

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

1. Spain (undefined tons)
2. France (52.6 tons)

Synthetic Filament Tow Imports in Luxembourg

Synthetic filament tow imports into Luxembourg stood at 63 tons in 2022, picking up by 4% against the previous year's figure. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 489%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, synthetic filament tow imports reached $272K in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 298%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Synthetic Filament Tow to Luxembourg in 2022:

1. Germany (54.5 tons)
2. France (8.1 tons)
3. Belgium (0.4 tons)

Source: IndexBox Market Intelligence Platform