Synthetic Filament Tow Price in Angola - 2022

Contents:

1. Synthetic Filament Tow Price in Angola (CIF) - 2022
2. Synthetic Filament Tow Price in Angola (FOB) - 2022
3. Synthetic Filament Tow Imports in Angola
4. Synthetic Filament Tow Exports in Angola

Synthetic Filament Tow Price in Angola (CIF) - 2022

In 2022, the average synthetic filament tow import price amounted to $2,569 per ton, stabilizing at the previous year. In general, the import price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2013 an increase of 9.5%. The import price peaked at $3,572 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 Japan ($6,153 per ton), while the price for South Africa ($2,121 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Synthetic Filament Tow Price in Angola (FOB) - 2022

In 2021, the average synthetic filament tow export price amounted to $625 per ton, which is down by -21.4% against the previous year. Over the period under review, the export price saw a precipitous descent. The growth pace was the most rapid in 2017 an increase of 28% against the previous year. As a result, the export price reached the peak level of $4,480 per ton. From 2018 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Brazil ($625 per ton), while the average price for exports to France amounted to $625 per ton.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-46.4%).

Synthetic Filament Tow Imports in Angola

In 2022, overseas purchases of synthetic filament tows decreased by -36% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 711%.

In value terms, synthetic filament tow imports fell rapidly to $3.2M in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 706%.

Top Suppliers of Synthetic Filament Tow to Angola in 2022:

1. South Africa (924.5 tons)
2. China (266.8 tons)
3. Japan (30.6 tons)

Synthetic Filament Tow Exports in Angola

In 2021, the amount of synthetic filament tows exported from Angola contracted rapidly to 64 kg, shrinking by -66.3% on the previous year. In general, exports saw a dramatic decline. The smallest decline of -42.1% was in 2020.

In value terms, synthetic filament tow exports declined rapidly to $40 in 2021. Over the period under review, exports saw a dramatic curtailment. The smallest decline of -48.6% was in 2020.

Top Export Markets for Synthetic Filament Tow from Angola in 2022:

1. Brazil (32.0 kg)
2. France (32.0 kg)

Source: IndexBox Market Intelligence Platform