Synthetic Filament Tow Price in Hungary - 2023
Contents:
- Synthetic Filament Tow Price in Hungary (CIF) - 2022
- Synthetic Filament Tow Price in Hungary (FOB) - 2022
- Synthetic Filament Tow Imports in Hungary
- Synthetic Filament Tow Exports in Hungary
Synthetic Filament Tow Price in Hungary (CIF) - 2022
The average synthetic filament tow import price stood at $3,951 per ton in 2022, growing by 26% against the previous year. In general, the import price, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2019 when the average import price increased by 95% against the previous year. Over the period under review, average import prices attained the peak figure at $5,854 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Mexico.
From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to -4.0% per year.
Synthetic Filament Tow Price in Hungary (FOB) - 2022
The average synthetic filament tow export price stood at $4,274 per ton in 2022, picking up by 5.5% against the previous year. Over the period under review, the export price, however, recorded a slight slump. The pace of growth appeared the most rapid in 2015 an increase of 193%. As a result, the export price attained the peak level of $13,333 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Mexico.
From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to -1.3% per year.
Synthetic Filament Tow Imports in Hungary
In 2022, purchases abroad of synthetic filament tows decreased by -69.2% to 958 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 175%. As a result, imports reached the peak of 4.3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, synthetic filament tow imports fell sharply to $3.8M in 2022. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 148%. As a result, imports attained the peak of $14M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Synthetic Filament Tow in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 5.7 | 14.4 | 9.6 | 3.8 | -12.6% |
| Others | 0.1 | N/A | 0.2 | N/A | 41.4% |
| Total | 5.8 | 14.4 | 9.8 | 3.8 | -13.1% |
Top Suppliers of Synthetic Filament Tow to Hungary in 2022:
- Mexico (957.6 tons)
Synthetic Filament Tow Exports in Hungary
In 2022, synthetic filament tow exports from Hungary soared to 184 tons, increasing by 107% against the previous year. Overall, exports, however, showed a significant contraction.
In value terms, synthetic filament tow exports soared to $788K in 2022. Over the period under review, exports, however, faced a abrupt descent.
| Export of Synthetic Filament Tow in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,334 | 310 | 356 | 788 | -16.1% |
| Others | 0.1 | 0.9 | 4.3 | 0.2 | 26.0% |
| Total | 1,334 | 310 | 360 | 788 | -16.1% |
Top Export Markets for Synthetic Filament Tow from Hungary in 2022:
- Mexico (184.3 tons)
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