Price for Fibres; Synthetic Filament Tow, of Polypropylene in Kuwait - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polypropylene in Kuwait (CIF) - 2022
  2. Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Kuwait

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

The average import price for fibres; synthetic filament tow, of polypropylene stood at $3,017 per ton in 2022, waning by -72.2% against the previous year. In general, the import price showed a slight slump. The pace of growth appeared the most rapid in 2020 an increase of 32%. As a result, import price attained the peak level of $18,540 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +0.1% per year.

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

In 2022, overseas purchases of fibres; synthetic filament tow, of polypropylene decreased by -0.8% to 1.2 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 176% against the previous year. As a result, imports attained the peak of 1.2 tons; afterwards, it flattened through to 2022.

In value terms, imports of fibres; synthetic filament tow, of polypropylene dropped remarkably to $3.5K in 2022. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 265%. As a result, imports attained the peak of $22K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fibres; Synthetic Filament Tow, of Polypropylene in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.122.29.53.5-16.9%
ChinaN/AN/A0.7N/A0%
OthersN/AN/A2.6N/A0%
Total6.122.212.83.5-16.9%

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

  1. Italy (1.2 tons)

Source: IndexBox Market Intelligence Platform

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