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

Contents:

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

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

The average import price for fibres; synthetic filament tow, of polypropylene stood at $6,177 per ton in 2022, waning by -4.2% against the previous year. Over the period under review, the import price, however, posted prominent growth. The growth pace was the most rapid in 2017 when the average import price increased by 222%. Over the period under review, average import prices attained the peak figure at $37,532 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($50,698 per ton), while the price for China ($1,906 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.9%), while the prices for the other major suppliers experienced a decline.

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

Imports of fibres; synthetic filament tow, of polypropylene into Malaysia contracted notably to 4.6 tons in 2022, waning by -83.4% on 2021. Over the period under review, imports showed a dramatic contraction. The smallest decline of -19.9% was in 2020.

In value terms, imports of fibres; synthetic filament tow, of polypropylene shrank dramatically to $29K in 2022. In general, imports continue to indicate a sharp reduction. The smallest decline of -56% was in 2020.

Import of Fibres; Synthetic Filament Tow, of Polypropylene in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A13.70%
NorwayN/AN/AN/A7.60%
ChinaN/AN/A47.75.0-89.5%
United States5,1392,5381321.2-93.8%
SpainN/AN/AN/A1.10%
Germany1,897528N/AN/A-72.2%
OthersN/A27.5N/AN/A0%
Total7,0363,09318028.7-84.0%

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

  1. China (2630.0 kg)
  2. Italy (1639.0 kg)
  3. Norway (149.0 kg)
  4. Spain (149.0 kg)
  5. United States (73.0 kg)

Source: IndexBox Market Intelligence Platform

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