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Spain - Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Spain - Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jun 29, 2023

Synthetic Filament Tow Price in Spain Bottoms at $1,865 per Ton

Spain Synthetic Filament Tow Import Price in March 2023

In March 2023, the synthetic filament tow price stood at $1,865 per ton (CIF, Spain), with a decrease of -18% against the previous month. Overall, the import price showed a slight curtailment. The growth pace was the most rapid in February 2023 when the average import price increased by 17% month-to-month. Over the period under review, average import prices hit record highs at $2,468 per ton in June 2022; however, from July 2022 to March 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($6,014 per ton), while the price for South Africa ($968 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

COUNTRYImport Price of Synthetic Filament Tow in Spain (USD per ton)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
France5,1054,8864,9763,8854,0363,7114,7193,4333,2735,7533,6225,0586,014
Germany4,0544,2014,4254,4015,1333,5493,9035,0333,8893,6313,8004,2563,512
Belgium3,5113,6044,7693,5193,1393,9022,3592,4122,9104,0452,6922,1642,758
Portugal3,5723,7603,1213,7863,4653,0043,5243,2793,1222,3162,8103,8642,638
Italy1,7202,1302,2212,4662,0482,7282,3672,0962,1272,3261,9811,8462,424
Turkey1,9272,6021,8862,4281,7201,7482,2381,9582,6522,1241,9932,0101,673
China2,4962,7521,9843,0581,8811,9442,4181,7511,7931,4191,6301,6961,310
South Korea1,4661,6161,6341,6501,4611,8201,6571,5211,7591,3681,2711,2781,255
India1,4351,4511,5821,6251,7441,5731,6251,4191,4931,4561,3711,2041,125
Indonesia1,4531,4961,3671,3241,2421,1771,2671,3411,1071,3211,0029771,061
VietnamN/A1,4631,3541,4561,6031,6581,6241,3341,2491,1161,1371,0291,007
South Africa1,3901,3581,4081,4301,4081,3111,3681,2641,2551,0741,0511,009968
Average2,1022,3182,2502,4682,2052,0122,3032,1162,1542,0311,9462,2741,865

Spain Synthetic Filament Tow Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In March 2023, the product with the highest price was synthetic filament tow ($4,169 per ton), while the price for synthetic staple fibres, not carded, combed or otherwise processed for spinning amounted to $1,835 per ton.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by synthetic filament tow (+1.7%).

Spain Synthetic Filament Tow Imports

In March 2023, the amount of synthetic filament tow and staple fibers, not carded or combed imported into Spain surged to 13K tons, jumping by 39% on the previous month. Over the period under review, imports continue to indicate a relatively flat trend pattern.

In value terms, synthetic filament tow imports reached $24M (IndexBox estimates) in March 2023. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in September 2022 with an increase of 36% month-to-month.

Spain Synthetic Filament Tow Imports by Type

In March 2023, synthetic staple fibres, not carded, combed or otherwise processed for spinning (13K tons) was the main type of synthetic filament tow supplied to Spain, with a 99% share of total imports. It was followed by synthetic filament tow (167 tons), with a 1.3% share of total imports.

From March 2022 to March 2023, the average monthly rate of growth in terms of the volume of import of synthetic staple fibres, not carded, combed or otherwise processed for spinning was relatively modest.

In value terms, synthetic staple fibres, not carded, combed or otherwise processed for spinning ($23M) constituted the largest type of synthetic filament tow supplied to Spain, comprising 97% of total imports. The second position in the ranking was held by synthetic filament tow ($698K), with a 2.9% share of total imports.

Spain Synthetic Filament Tow Imports by Country

Turkey (3K tons), South Korea (2.8K tons) and China (1.5K tons) were the main suppliers of synthetic filament tow imports to Spain, together comprising 57% of total imports. These countries were followed by India, Indonesia, Vietnam, Portugal, Germany, Italy, Belgium, France and South Africa, which together accounted for a further 35%.

From March 2022 to March 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +12.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($5M), South Korea ($3.5M) and China ($1.9M) appeared to be the largest synthetic filament tow suppliers to Spain, with a combined 44% share of total imports. These countries were followed by France, Germany, Portugal, Italy, Belgium, India, Indonesia, Vietnam and South Africa, which together accounted for a further 40%.

In terms of the main suppliers, Indonesia, with a CAGR of +9.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the synthetic filament tow market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601120 - Other polyamide tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601140 - Acrylic tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601150 - Polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning
  • Prodcom 20601190 - Other synthetic tow and staple not carded, combed or otherwise processed for spinning

Country coverage:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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