Price for Fibres; Synthetic Filament Tow, of Polypropylene in Italy - 2023

Contents:

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

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

In 2022, the average import price for fibres; synthetic filament tow, of polypropylene amounted to $1,241 per ton, which is down by -63.7% against the previous year. Over the period under review, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 75% against the previous year. As a result, import price reached the peak level of $3,420 per ton, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,134 per ton), while the price for the Netherlands ($305 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fibres; synthetic filament tow, of polypropylene amounted to $39,545 per ton, surging by 19% against the previous year. Over the period under review, the export price saw a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 243%. As a result, the export price reached the peak level of $66,316 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($186,800 per ton), while the average price for exports to Poland ($6,225 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 Latvia (+42.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of fibres; synthetic filament tow, of polypropylene into Italy contracted notably to 274 tons, falling by -34.6% against the previous year's figure. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 185%. As a result, imports attained the peak of 420 tons, and then declined rapidly in the following year.

In value terms, imports of fibres; synthetic filament tow, of polypropylene reduced notably to $340K in 2022. Overall, imports, however, showed a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 398% against the previous year. As a result, imports attained the peak of $1.4M, and then shrank remarkably in the following year.

Import of Fibres; Synthetic Filament Tow, of Polypropylene in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain33.044.9N/A68.727.7%
United KingdomN/AN/A81.456.5-30.6%
Netherlands30.4N/AN/A55.622.3%
China13.417.98.91.8-48.8%
BulgariaN/AN/A181N/A0%
Belgium36.26.712.4N/A-41.5%
Germany38.3N/A738N/A339.0%
Austria110202101N/A-4.2%
Czech RepublicN/A5.2310N/A5861.5%
RomaniaN/A9.2N/AN/A0%
Others6.72.82.6158186.8%
Total2682881,4353408.3%

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

  1. Netherlands (182.0 tons)
  2. United Kingdom (79.2 tons)
  3. Spain (9.6 tons)
  4. China (0.5 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of fibres; synthetic filament tow, of polypropylene, when their volume decreased by -60.7% to 697 kg. Overall, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 175%.

In value terms, exports of fibres; synthetic filament tow, of polypropylene declined significantly to $28K in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 114% against the previous year. As a result, the exports reached the peak of $59K, and then reduced rapidly in the following year.

Export of Fibres; Synthetic Filament Tow, of Polypropylene in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/A42.15.3-87.4%
United Arab Emirates7.6N/AN/A3.2-25.0%
ThailandN/AN/AN/A3.10%
France0.70.81.32.348.7%
NigeriaN/AN/A1.21.38.3%
Germany0.40.51.01.140.1%
PolandN/AN/AN/A0.20%
TunisiaN/A3.1N/AN/A0%
Singapore2.65.4N/AN/A107.7%
Others1.917.913.611.079.6%
Total13.227.659.127.627.9%

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

  1. Hong Kong SAR (182.0 kg)
  2. France (106.0 kg)
  3. Thailand (94.0 kg)
  4. Nigeria (79.0 kg)
  5. United Arab Emirates (49.0 kg)
  6. Germany (45.0 kg)
  7. Poland (40.0 kg)

Source: IndexBox Market Intelligence Platform

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