Price for Fibres; Synthetic Filament Tow, of Polyesters in Russia - 2022

Contents:

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

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

The average import price for fibres; synthetic filament tow, of polyesterses stood at $1,387 per ton in 2022, dropping by -8.5% against the previous year. Over the period under review, the import price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 29% against the previous year. The import price peaked at $1,990 per ton in 2013; however, from 2014 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 Turkey ($7,299 per ton), while the price for Indonesia ($846 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for fibres; synthetic filament tow, of polyesterses amounted to $2,304 per ton, reducing by -95.7% against the previous year. Over the period under review, the export price showed a mild decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 5,386% against the previous year. As a result, the export price reached the peak level of $53,389 per ton, and then dropped sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Uzbekistan.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +24.6% per year.

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

In 2022, overseas purchases of fibres; synthetic filament tow, of polyesterses increased by 7.1% to 421 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt downturn.

In value terms, imports of fibres; synthetic filament tow, of polyesterses dropped slightly to $584K in 2022. Overall, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 4.3%.

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

1. Indonesia (373.4 tons)
2. Turkey (26.8 tons)
3. China (20.7 tons)

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

After two years of decline, overseas shipments of fibres; synthetic filament tow, of polyesterses increased by 4,500% to 828 kg in 2022. Overall, exports, however, showed a sharp setback.

In value terms, exports of fibres; synthetic filament tow, of polyesterses skyrocketed to $1.9K in 2022. Over the period under review, exports, however, continue to indicate a sharp contraction.

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

1. Uzbekistan (828.0 kg)

Source: IndexBox Market Intelligence Platform