Australia - Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSynthetic Filament Tow Price in Australia - 2023
Contents:
- Synthetic Filament Tow Price in Australia (CIF) - 2023
- Synthetic Filament Tow Price in Australia (FOB) - 2023
- Synthetic Filament Tow Imports in Australia
- Synthetic Filament Tow Exports in Australia
Synthetic Filament Tow Price in Australia (CIF) - 2023
In September 2023, the average synthetic filament tow import price amounted to $1,417 per ton, remaining constant against the previous month. Overall, the import price recorded a mild curtailment. The pace of growth was the most pronounced in March 2023 when the average import price increased by 15% month-to-month. The import price peaked at $1,794 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($2,840 per ton), while the price for South Korea ($1,115 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-0.1%), while the prices for the other major suppliers experienced a decline.
Synthetic Filament Tow Price in Australia (FOB) - 2023
The average synthetic filament tow export price stood at $2,844 per ton in September 2023, picking up by 24% against the previous month. In general, the export price posted a mild increase. The pace of growth was the most pronounced in December 2022 an increase of 101% m-o-m. The export price peaked at $8,506 per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was New Zealand ($5,544 per ton), while the average price for exports to China totaled $2,572 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+130.2%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Filament Tow Imports in Australia
In 2022, supplies from abroad of synthetic filament tow and staple fibers, not carded or combed decreased by -7.8% to 34K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 37K tons, and then declined in the following year.
In value terms, synthetic filament tow imports amounted to $58M in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Synthetic Filament Tow in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 13.8 | 13.0 | 18.7 | 19.3 | 11.8% |
| China | 3.8 | 4.3 | 8.5 | 9.4 | 35.2% |
| Thailand | 4.7 | 6.3 | 8.2 | 9.0 | 24.2% |
| Taiwan (Chinese) | 11.9 | 7.5 | 8.6 | 7.8 | -13.1% |
| Indonesia | 3.6 | 3.4 | 4.8 | 5.0 | 11.6% |
| Belgium | 0.3 | 0.7 | 1.2 | 2.1 | 91.3% |
| Malaysia | 0.6 | 0.7 | 0.7 | 1.9 | 46.8% |
| United Kingdom | 2.9 | 2.1 | 0.7 | 0.1 | -67.5% |
| Others | 2.6 | 4.0 | 3.1 | 3.3 | 8.3% |
| Total | 44.1 | 42.0 | 54.4 | 57.9 | 9.5% |
Top Suppliers of Synthetic Filament Tow to Australia in 2022:
- South Korea (13.6K tons)
- Thailand (5.6K tons)
- China (4.6K tons)
- Taiwan (Chinese) (3.8K tons)
- Indonesia (3.8K tons)
- Malaysia (0.7K tons)
- Belgium (0.7K tons)
- United Kingdom (0.1K tons)
Synthetic Filament Tow Exports in Australia
Synthetic filament tow exports from Australia skyrocketed to 146 tons in 2022, with an increase of 227% against the previous year. Overall, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 411% against the previous year. As a result, the exports attained the peak of 213 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, synthetic filament tow exports surged to $790K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Synthetic Filament Tow in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 137 | 62.4 | 174 | 389 | 41.6% |
| Solomon Islands | N/A | N/A | N/A | 270 | 0% |
| Papua New Guinea | N/A | 24.3 | 208 | 55.3 | 50.9% |
| Indonesia | N/A | 0.4 | N/A | 22.8 | 655.0% |
| China | 52.4 | N/A | N/A | 17.4 | -30.8% |
| South Korea | N/A | 18.3 | N/A | N/A | 0% |
| Belgium | N/A | 82.1 | N/A | N/A | 0% |
| Vanuatu | 82.5 | 13.6 | N/A | N/A | -83.5% |
| Others | 115 | 73.1 | 17.1 | 34.9 | -32.8% |
| Total | 387 | 274 | 399 | 790 | 26.9% |
Top Export Markets for Synthetic Filament Tow from Australia in 2022:
- New Zealand (72.2 tons)
- Solomon Islands (55.2 tons)
- Indonesia (7.7 tons)
- Papua New Guinea (4.4 tons)
- China (3.9 tons)
This report provides an in-depth analysis of the synthetic filament tow market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601120 - Other polyamide tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601140 - Acrylic tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601150 - Polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning
- Prodcom 20601190 - Other synthetic tow and staple not carded, combed or otherwise processed for spinning
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Discover the top 10 import markets for synthetic filament tow based on import value data from IndexBox platform. Learn about the key countries driving the demand for this essential material.
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In 2016, approx. X tons of synthetic filament tow were imported worldwide- descending by -X% against the previous year level. In general, synthetic filament tow imports continue to indicate a m...
1154
In 2016, approx. X tons of synthetic filament tow were imported worldwide- descending by -X% against the previous year level. In general, synthetic filament tow imports continue to indicate a m...
90
Discover the top 10 import markets for synthetic filament tow based on import value data from IndexBox platform. Learn about the key countries driving the demand for this essential material.
1158
In 2016, approx. X tons of synthetic filament tow were imported worldwide- descending by -X% against the previous year level. In general, synthetic filament tow imports continue to indicate a m...
1154
In 2016, approx. X tons of synthetic filament tow were imported worldwide- descending by -X% against the previous year level. In general, synthetic filament tow imports continue to indicate a m...
