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

Contents:

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

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

The average import price for fibres; synthetic filament tow, of polypropylene stood at $1,391 per ton in 2022, reducing by -3.9% against the previous year. Over the period under review, the import price faced a precipitous shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 4.3% against the previous year. Over the period under review, average import prices reached the peak figure at $4,333 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($2,043 per ton), while the price for the Netherlands stood at $413 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.1%).

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

In 2022, the amount of fibres; synthetic filament tow, of polypropylene imported into Latvia soared to 115 kg, growing by 297% compared with 2021. Overall, imports, however, recorded a precipitous decrease.

In value terms, imports of fibres; synthetic filament tow, of polypropylene soared to $160 in 2022. In general, imports, however, recorded a significant curtailment.

Import of Fibres; Synthetic Filament Tow, of Polypropylene in Latvia (USD)
COUNTRY202020212022CAGR,
2020-2022
Italy6.042.0141384.8%
NetherlandsN/AN/A19.00%
Russia85.0N/AN/A0%
Denmark111N/AN/A0%
Estonia77.0N/AN/A0%
OthersN/AN/AN/A0%
Total27942.0160-24.3%

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

  1. Italy (69.0 kg)
  2. Netherlands (46.0 kg)

Source: IndexBox Market Intelligence Platform

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