Price for Fibres; Synthetic Filament Tow, of Polyesters in Sri Lanka - 2022
Contents:
- Price for Fibres; Synthetic Filament Tow, of Polyesters in Sri Lanka (CIF) - 2022
- Price for Fibres; Synthetic Filament Tow, of Polyesters in Sri Lanka (FOB) - 2022
- Imports of Fibres; Synthetic Filament Tow, of Polyesters in Sri Lanka
- Exports of Fibres; Synthetic Filament Tow, of Polyesters in Sri Lanka
Price for Fibres; Synthetic Filament Tow, of Polyesters in Sri Lanka (CIF) - 2022
In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $2,778 per ton, falling by -53.4% against the previous year. In general, the import price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2014 an increase of 129% against the previous year. The import price peaked at $7,349 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 ($10,856 per ton), while the price for China stood at $777 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fibres; Synthetic Filament Tow, of Polyesters in Sri Lanka (FOB) - 2022
In 2022, the average export price for fibres; synthetic filament tow, of polyesterses amounted to $3,364 per ton, picking up by 43% against the previous year. In general, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 49%. The export price peaked at $69,200 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($3,844 per ton), while the average price for exports to Bangladesh totaled $642 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (-26.3%).
Imports of Fibres; Synthetic Filament Tow, of Polyesters in Sri Lanka
In 2022, after two years of decline, there was significant growth in overseas purchases of fibres; synthetic filament tow, of polyesterses, when their volume increased by 29,928% to 109 tons. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fibres; synthetic filament tow, of polyesterses soared to $304K in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fibres; Synthetic Filament Tow, of Polyesters in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 22.7 | 12.0 | 1.9 | 236 | 118.3% |
| China | 1.0 | 0.4 | N/A | 68.0 | 308.2% |
| United Kingdom | 1.5 | 1.3 | 0.3 | N/A | -55.3% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 25.2 | 13.7 | 2.2 | 304 | 129.3% |
Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Sri Lanka in 2022:
- China (87.6 tons)
- Japan (21.7 tons)
Exports of Fibres; Synthetic Filament Tow, of Polyesters in Sri Lanka
In 2022, after three years of growth, there was significant decline in shipments abroad of fibres; synthetic filament tow, of polyesterses, when their volume decreased by -48% to 1.4 tons. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 5,947% against the previous year. As a result, the exports reached the peak of 2.7 tons, and then declined significantly in the following year.
In value terms, exports of fibres; synthetic filament tow, of polyesterses dropped significantly to $4.8K in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 106%. As a result, the exports attained the peak of $6.4K, and then declined sharply in the following year.
| Export of Fibres; Synthetic Filament Tow, of Polyesters in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | 2.2 | 5.4 | 4.6 | 44.6% |
| Bangladesh | 1.9 | 0.9 | 1.0 | 0.1 | -62.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.9 | 3.1 | 6.4 | 4.8 | 36.2% |
Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Sri Lanka in 2022:
- Vietnam (1202.0 kg)
- Bangladesh (212.0 kg)
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