Price for Fibres; Synthetic Filament Tow, of Polyesters in Australia - 2023

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Australia (FOB) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Polyesters in Australia (CIF) - 2022
  3. Exports of Fibres; Synthetic Filament Tow, of Polyesters in Australia
  4. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Australia

Price for Fibres; Synthetic Filament Tow, of Polyesters in Australia (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, of polyesterses amounted to $18,216 per ton, falling by -15.2% against the previous year. Overall, the export price showed a deep setback. The growth pace was the most rapid in 2021 an increase of 185% against the previous year. Over the period under review, the average export prices reached the peak figure at $65,268 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($136,050 per ton), while the average price for exports to Papua New Guinea ($9,075 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 Chile (+46.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Australia (CIF) - 2022

The average import price for fibres; synthetic filament tow, of polyesterses stood at $3,005 per ton in 2022, picking up by 94% against the previous year. In general, the import price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 288% against the previous year. As a result, import price reached the peak level of $6,889 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5,214 per ton), while the price for China ($1,141 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.3%), while the prices for the other major suppliers experienced a decline.

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Australia

After two years of decline, overseas shipments of fibres; synthetic filament tow, of polyesterses increased by 1,428% to 4 tons in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fibres; synthetic filament tow, of polyesterses surged to $73K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fibres; Synthetic Filament Tow, of Polyesters in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1.6N/AN/A41.8196.7%
IndonesiaN/AN/AN/A10.50%
AustriaN/AN/AN/A8.20%
Papua New GuineaN/AN/AN/A6.30%
FijiN/AN/AN/A5.80%
VanuatuN/A4.7N/AN/A0%
Chile6.34.25.6N/A-5.7%
Taiwan (Chinese)1.5N/AN/AN/A0%
Canada6.9N/AN/AN/A0%
Others8.7N/AN/AN/A0%
Total25.08.95.672.742.7%

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Australia in 2022:

  1. New Zealand (2632.0 kg)
  2. Papua New Guinea (697.0 kg)
  3. Indonesia (510.0 kg)
  4. Fiji (90.0 kg)
  5. Austria (60.0 kg)

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Australia

In 2022, imports of fibres; synthetic filament tow, of polyesterses into Australia soared to 7.8 tons, picking up by 238% on 2021 figures. Overall, imports, however, faced a precipitous shrinkage.

In value terms, imports of fibres; synthetic filament tow, of polyesterses soared to $23K in 2022. Over the period under review, imports, however, continue to indicate a sharp reduction.

Import of Fibres; Synthetic Filament Tow, of Polyesters in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A13.90%
China34.9N/A2.35.0-47.7%
United States15.86.01.31.7-52.4%
India28.0N/AN/AN/A0%
IndonesiaN/A25.5N/AN/A0%
Taiwan (Chinese)N/A57.0N/AN/A0%
OthersN/AN/AN/A2.80%
Total78.788.53.623.4-33.3%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Australia in 2022:

  1. China (4.4 tons)
  2. Netherlands (2.7 tons)
  3. United States (0.7 tons)

Source: IndexBox Market Intelligence Platform

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