Synthetic Filament Tow Price in Bulgaria - 2023
Contents:
- Synthetic Filament Tow Price in Bulgaria (FOB) - 2022
- Synthetic Filament Tow Price in Bulgaria (CIF) - 2022
- Synthetic Filament Tow Exports in Bulgaria
- Synthetic Filament Tow Imports in Bulgaria
Synthetic Filament Tow Price in Bulgaria (FOB) - 2022
In 2022, the average synthetic filament tow export price amounted to $6,750 per ton, increasing by 36% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 118%. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($11,049 per ton), while the average price for exports to Greece stood at $6,627 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Filament Tow Price in Bulgaria (CIF) - 2022
In 2022, the average synthetic filament tow import price amounted to $2,919 per ton, surging by 27% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($3,179 per ton), while the price for Germany amounted to $2,562 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Synthetic Filament Tow Exports in Bulgaria
In 2022, exports of synthetic filament tows from Bulgaria fell dramatically to 82 tons, waning by -91.8% on 2021 figures. In general, exports continue to indicate a precipitous slump. The smallest decline of -6.2% was in 2020.
In value terms, synthetic filament tow exports contracted notably to $557K in 2022. Over the period under review, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 18%. As a result, the exports reached the peak of $5M, and then contracted dramatically in the following year.
| Export of Synthetic Filament Tow in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 4.3 | 4.0 | 4.9 | 0.5 | -51.2% |
| Russia | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 4.6 | 4.2 | 5.0 | 0.6 | -49.3% |
Top Export Markets for Synthetic Filament Tow from Bulgaria in 2022:
- Greece (81.1 tons)
Synthetic Filament Tow Imports in Bulgaria
In 2022, purchases abroad of synthetic filament tows decreased by -50.5% to 1K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a dramatic decrease. The growth pace was the most rapid in 2020 with an increase of 5.4%. As a result, imports reached the peak of 3.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, synthetic filament tow imports declined sharply to $3M in 2022. Overall, imports continue to indicate a significant decrease. The smallest decline of -2.1% was in 2020.
| Import of Synthetic Filament Tow in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.8 | 1.1 | 1.2 | 1.6 | 26.0% |
| Turkey | 4.2 | 4.2 | 3.4 | 1.3 | -32.4% |
| Austria | 0.4 | 0.7 | 0.2 | N/A | -29.3% |
| Iran | 0.3 | N/A | N/A | N/A | 0% |
| Belarus | 0.6 | 0.2 | N/A | N/A | -66.7% |
| Others | 0.2 | N/A | 0.1 | 0.2 | 0.0% |
| Total | 6.4 | 6.3 | 4.8 | 3.0 | -22.3% |
Top Suppliers of Synthetic Filament Tow to Bulgaria in 2022:
- Germany (610.6 tons)
- Turkey (410.7 tons)
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