Synthetic Filament Tow Price in Chile - 2023

Contents:

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

Synthetic Filament Tow Price in Chile (CIF) - 2022

The average synthetic filament tow import price stood at $3,513 per ton in 2022, rising by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($17,288 per ton), while the price for Germany ($2,075 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Synthetic Filament Tow Price in Chile (FOB) - 2022

The average synthetic filament tow export price stood at $14,297 per ton in 2022, increasing by 19% against the previous year. In general, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices reached the peak figure at $48,075 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($14,715 per ton), while the average price for exports to Uruguay totaled $11,175 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (-9.5%).

Synthetic Filament Tow Imports in Chile

In 2022, approx. 357 tons of synthetic filament tows were imported into Chile; with a decrease of -14.5% on the previous year. Over the period under review, imports showed a abrupt contraction. The smallest decline of -4.6% was in 2021.

In value terms, synthetic filament tow imports reached $1.3M in 2022. In general, imports saw a abrupt slump.

Top Suppliers of Synthetic Filament Tow to Chile in 2022:

1. Peru (254.1 tons)
2. Turkey (74.8 tons)
3. China (25.8 tons)
4. Germany (0.1 tons)

Synthetic Filament Tow Exports in Chile

In 2022, the amount of synthetic filament tows exported from Chile rose notably to 677 kg, increasing by 13% compared with the previous year's figure. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 60%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, synthetic filament tow exports surged to $9.7K in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 79% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

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

1. Bolivia (597.0 kg)
2. Uruguay (80.0 kg)

Source: IndexBox Market Intelligence Platform