Price for Tents of Synthetic Fibres in Brazil - 2023

Contents:

1. Price for Tents of Synthetic Fibres in Brazil (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Brazil (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Brazil
4. Exports of Tents of Synthetic Fibres in Brazil

Price for Tents of Synthetic Fibres in Brazil (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $4,275 per ton, growing by 8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2021 when the average import price increased by 38%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Bangladesh ($8,130 per ton), while the price for China totaled $3,960 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.4%).

Price for Tents of Synthetic Fibres in Brazil (FOB) - 2022

The average tents of synthetic fibres export price stood at $16,729 per ton in 2022, picking up by 95% against the previous year. Overall, the export price recorded a prominent increase. The growth pace was the most rapid in 2018 an increase of 174%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($153,672 per ton), while the average price for exports to Uruguay ($6,294 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 Bolivia (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Synthetic Fibres in Brazil

After two years of decline, supplies from abroad of tents of synthetic fibreses increased by 34% to 4.4K tons in 2022. Over the period under review, imports, however, continue to indicate a deep slump.

In value terms, tents of synthetic fibres imports soared to $19M in 2022. In general, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tents of Synthetic Fibres to Brazil in 2022:

1. China (4.0K tons)
2. Bangladesh (0.3K tons)

Exports of Tents of Synthetic Fibres in Brazil

After three years of growth, shipments abroad of tents of synthetic fibreses decreased by -75.6% to 3.5 tons in 2022. In general, exports showed a deep contraction. The growth pace was the most rapid in 2021 with an increase of 85%. As a result, the exports reached the peak of 14 tons, and then shrank remarkably in the following year.

In value terms, tents of synthetic fibres exports shrank remarkably to $59K in 2022. Overall, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 145% against the previous year. As a result, the exports reached the peak of $124K, and then shrank markedly in the following year.

Top Export Markets for Tents of Synthetic Fibres from Brazil in 2022:

1. Paraguay (2025.0 kg)
2. Uruguay (1258.0 kg)
3. Canada (119.0 kg)
4. Angola (62.0 kg)

Source: IndexBox Market Intelligence Platform