Price for Fibres; Synthetic Filament Tow, of Polypropylene in Brazil - 2024

Contents:

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

Price for Fibres; Synthetic Filament Tow, of Polypropylene in Brazil (CIF) - 2022

The average import price for fibres; synthetic filament tow, of polypropylene stood at $2,970 per ton in 2022, approximately mirroring the previous year. Overall, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 80%. Over the period under review, average import prices reached the peak figure at $9,964 per ton in 2012; however, from 2013 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 China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.7% per year.

Price for Fibres; Synthetic Filament Tow, of Polypropylene in Brazil (FOB) - 2022

The average export price for fibres; synthetic filament tow, of polypropylene stood at $5,821 per ton in 2022, picking up by 412% against the previous year. Over the period under review, the export price, however, faced a abrupt descent. The export price peaked at $64,111 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($38,270 per ton), while the average price for exports to Paraguay ($4,334 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+1,272.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Brazil

In 2022, imports of fibres; synthetic filament tow, of polypropylene into Brazil skyrocketed to 299 tons, with an increase of 18% compared with the year before. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 118% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of fibres; synthetic filament tow, of polypropylene surged to $887K in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 142% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Fibres; Synthetic Filament Tow, of Polypropylene to Brazil in 2022:

1. China (297.6 tons)

Exports of Fibres; Synthetic Filament Tow, of Polypropylene in Brazil

For the fourth consecutive year, Brazil recorded growth in shipments abroad of fibres; synthetic filament tow, of polypropylene, which increased by 31% to 1.4 tons in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of fibres; synthetic filament tow, of polypropylene soared to $8K in 2022. In general, exports, however, saw a noticeable contraction.

Top Export Markets for Fibres; Synthetic Filament Tow, of Polypropylene from Brazil in 2022:

1. Paraguay (1316.0 kg)
2. Mexico (37.0 kg)
3. Malta (10.0 kg)
4. Marshall Islands (6.0 kg)

Source: IndexBox Market Intelligence Platform