Synthetic Filament Tow Price in Greece - 2023

Contents:

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

Synthetic Filament Tow Price in Greece (CIF) - 2022

The average synthetic filament tow import price stood at $12,362 per ton in 2022, with an increase of 8.2% against the previous year. Overall, the import price saw a strong increase. The pace of growth was the most pronounced in 2016 an increase of 62%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 China ($13,265 per ton), while the price for Liberia ($1,470 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Synthetic Filament Tow Price in Greece (FOB) - 2022

The average synthetic filament tow export price stood at $3,501 per ton in 2022, declining by -43.4% against the previous year. In general, the export price saw a deep setback. The growth pace was the most rapid in 2015 when the average export price increased by 209% against the previous year. As a result, the export price attained the peak level of $11,980 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($39,388 per ton), while the average price for exports to Marshall Islands ($1,611 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+6.4%), while the prices for the other major destinations experienced a decline.

Synthetic Filament Tow Imports in Greece

Synthetic filament tow imports into Greece dropped rapidly to 66 tons in 2022, which is down by -31.9% against the previous year's figure. Overall, imports saw a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 52%. As a result, imports reached the peak of 96 tons, and then declined dramatically in the following year.

In value terms, synthetic filament tow imports contracted remarkably to $810K in 2022. In general, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, imports reached the peak of $1.1M, and then dropped sharply in the following year.

Top Suppliers of Synthetic Filament Tow to Greece in 2022:

1. China (57.2 tons)
2. Spain (3.7 tons)
3. Bulgaria (2.1 tons)
4. Liberia (1.5 tons)
5. Italy (1.0 tons)

Synthetic Filament Tow Exports in Greece

In 2022, the amount of synthetic filament tows exported from Greece shrank rapidly to 1.7 tons, with a decrease of -77.7% on 2021. Overall, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,786%. As a result, the exports reached the peak of 7.7 tons, and then reduced sharply in the following year.

In value terms, synthetic filament tow exports declined notably to $6K in 2022. In general, exports continue to indicate a noticeable slump. The growth pace was the most rapid in 2021 when exports increased by 1,564% against the previous year. As a result, the exports attained the peak of $47K, and then fell remarkably in the following year.

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

1. Marshall Islands (1500.0 kg)
2. Cyprus (116.0 kg)
3. Romania (49.0 kg)
4. Bulgaria (31.0 kg)

Source: IndexBox Market Intelligence Platform