Synthetic Filament Tow Price in Colombia - 2022

Contents:

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

Synthetic Filament Tow Price in Colombia (CIF) - 2022

The average synthetic filament tow import price stood at $2,639 per ton in 2022, declining by -16.2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 45% against the previous year. As a result, import price reached the peak level of $3,150 per ton, and then fell rapidly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($2,848 per ton), while the price for Germany amounted to $2,208 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+0.4%), while the prices for the other major suppliers experienced a decline.

Synthetic Filament Tow Price in Colombia (FOB) - 2022

The average synthetic filament tow export price stood at $1,948 per ton in 2022, with a decrease of -5.5% against the previous year. Overall, the export price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when the average export price increased by 9.1% against the previous year. The export price peaked at $2,688 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -2.3% per year.

Synthetic Filament Tow Imports in Colombia

In 2022, after two years of decline, there was significant growth in overseas purchases of synthetic filament tows, when their volume increased by 5.6% to 1.3K tons. In general, imports, however, faced a abrupt descent.

In value terms, synthetic filament tow imports dropped to $3.5M in 2022. Over the period under review, imports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year.

Import of Synthetic Filament Tow in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico2.71.42.52.1-8.0%
Germany2.11.41.01.2-17.0%
Others0.10.20.40.10.0%
Total4.83.03.93.5-10.0%

Top Suppliers of Synthetic Filament Tow to Colombia in 2022:

  1. Mexico (735.9 tons)
  2. Germany (563.9 tons)

Synthetic Filament Tow Exports in Colombia

In 2022, exports of synthetic filament tows from Colombia surged to 18 tons, picking up by 48% on the year before. Overall, exports, however, continue to indicate a abrupt decline.

In value terms, synthetic filament tow exports skyrocketed to $35K in 2022. In general, exports, however, saw a deep slump.

Export of Synthetic Filament Tow in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru53.645.325.135.2-13.1%
Others0.1N/AN/AN/A0%
Total53.745.325.135.2-13.1%

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

  1. Peru (18.1 tons)

Source: IndexBox Market Intelligence Platform

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