U.S. - Artificial Filament Tow - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 10, 2024

U.S. - Artificial Filament Tow - Market Analysis, Forecast, Size, Trends And Insights

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Artificial Filament Tow Price in the United States - 2023

Contents:

  1. Artificial Filament Tow Price in the United States (FOB) - 2023
  2. Artificial Filament Tow Price in the United States (CIF) - 2022
  3. Artificial Filament Tow Exports in the United States
  4. Artificial Filament Tow Imports in the United States

Artificial Filament Tow Price in the United States (FOB) - 2023

The average artificial filament tow export price stood at $5,621 per ton in September 2023, picking up by 3.9% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.2%. The growth pace was the most rapid in December 2022 when the average export price increased by 7.7% month-to-month. Over the period under review, the average export prices reached the peak figure at $5,635 per ton in July 2023; afterwards, it flattened through to September 2023.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Vietnam ($8,133 per ton), while the average price for exports to the Netherlands ($4,057 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Filament Tow Price in the United States (CIF) - 2022

The average artificial filament tow import price stood at $3,713 per ton in 2022, growing by 7.9% against the previous year. Over the period under review, the import price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 16% against the previous year. The import price peaked at $4,791 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 Japan ($5,329 per ton), while the price for Canada ($1,889 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+1.9%), while the prices for the other major suppliers experienced a decline.

Artificial Filament Tow Exports in the United States

In 2022, overseas shipments of artificial filament tow decreased by -1.4% to 140K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 12%. As a result, the exports attained the peak of 146K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, artificial filament tow exports rose rapidly to $596M in 2022. In general, exports, however, showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Artificial Filament Tow in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands129143101111-4.9%
Indonesia81.675.082.211010.5%
United Arab Emirates32.631.429.148.814.4%
Poland0.40.53.443.1375.9%
South Korea41.025.923.931.8-8.1%
Mexico29.123.228.329.30.2%
Vietnam16.720.627.127.518.1%
Romania0.11.02.226.3540.7%
India10.27.410.720.927.0%
Belgium82.496.474.116.8-41.1%
Egypt20.428.430.116.0-7.8%
South Africa17.714.815.111.5-13.4%
Germany1.82.71.510.781.1%
Others11810510892.9-7.7%
Total5815765375960.9%

Top Export Markets for Artificial Filament Tow from the United States in 2022:

  1. Netherlands (27.2K tons)
  2. Indonesia (24.4K tons)
  3. United Arab Emirates (12.2K tons)
  4. Poland (10.4K tons)
  5. South Korea (7.3K tons)
  6. Mexico (7.0K tons)
  7. Romania (6.5K tons)
  8. Vietnam (6.4K tons)
  9. India (4.7K tons)
  10. Egypt (3.8K tons)
  11. Belgium (3.8K tons)
  12. Germany (2.8K tons)
  13. South Africa (2.6K tons)

Artificial Filament Tow Imports in the United States

In 2022, artificial filament tow imports into the United States surged to 1.1K tons, picking up by 28% compared with the previous year. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, artificial filament tow imports skyrocketed to $4M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Artificial Filament Tow in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,5701,6302,2062,97323.7%
Mexico28.2583N/A231101.6%
ChinaN/AN/AN/A2270%
Dominican Republic1992262612223.7%
Belgium15544454.182.8-18.9%
HungaryN/AN/A2.762.42211.1%
CanadaN/AN/AN/A52.80%
South Korea450364N/AN/A-19.1%
Others216116358116-18.7%
Total2,6193,3642,8823,96814.9%

Top Suppliers of Artificial Filament Tow to the United States in 2022:

  1. Germany (793.3 tons)
  2. Dominican Republic (67.1 tons)
  3. Mexico (62.0 tons)
  4. China (46.4 tons)
  5. Canada (28.0 tons)
  6. Belgium (25.1 tons)
  7. Hungary (19.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the artificial filament tow market in the U.S.. 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 20602120 - Artificial filament tow and staple fibres (not carded, combed or otherwise processed for spinning), of viscose rayon
  • Prodcom 20602140 - Artificial filament tow, of acetate
  • Prodcom 20602190 - Other artificial filament tow and staple fibres (not carded, c ombed or otherwise processed for spinning)

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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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Free Data: Artificial filament tow - United States