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

Contents:

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

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

In 2022, the average export price for fibres; synthetic filament tow, of polyesterses amounted to $28,285 per ton, increasing by 2.7% against the previous year. In general, the export price enjoyed a notable increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 33% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($48,684 per ton), while the average price for exports to France totaled $26,320 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+41.8%).

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

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $2,417 per ton, declining by -1.7% against the previous year. Overall, the import price continues to indicate a dramatic decrease. The growth pace was the most rapid in 2018 an increase of 20%. Over the period under review, average import prices reached the peak figure at $56,858 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2014 to 2022, the rate of growth in terms of prices for Germany amounted to -19.2% per year.

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

In 2022, approx. 2.4 tons of fibres; synthetic filament tow, of polyesterses were exported from Slovakia; growing by 28% compared with 2021. The total export volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 skyrocketed to $68K in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fibres; Synthetic Filament Tow, of Polyesters in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France42.642.451.857.910.8%
BelgiumN/AN/AN/A10.30%
OthersN/AN/AN/AN/A0%
Total42.642.451.868.217.0%

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

  1. France (2.2 tons)
  2. Belgium (0.2 tons)

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

In 2022, overseas purchases of fibres; synthetic filament tow, of polyesterses decreased by -16.9% to 25 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 127% against the previous year. As a result, imports attained the peak of 30 tons, and then reduced notably in the following year.

In value terms, imports of fibres; synthetic filament tow, of polyesterses declined significantly to $59K in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of $73K, and then declined dramatically in the following year.

Import of Fibres; Synthetic Filament Tow, of Polyesters in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany59.750.571.155.8-2.2%
Others0.90.31.73.658.7%
Total60.750.872.859.4-0.7%

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

  1. Germany (24.6 tons)

Source: IndexBox Market Intelligence Platform

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