India - Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

India - Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Analysis, Forecast, Size, Trends and Insights

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Synthetic Filament Tow Price in India - 2023

Contents:

  1. Synthetic Filament Tow Price in India (FOB) - 2023
  2. Synthetic Filament Tow Price in India (CIF) - 2023
  3. Synthetic Filament Tow Exports in India
  4. Synthetic Filament Tow Imports in India

Synthetic Filament Tow Price in India (FOB) - 2023

In September 2023, the average synthetic filament tow export price amounted to $1,109 per ton, therefore, remained relatively stable against the previous month. In general, the export price saw a slight decline. The most prominent rate of growth was recorded in February 2023 an increase of 2.5% month-to-month. The export price peaked at $1,304 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the United Arab Emirates ($1,626 per ton), while the average price for exports to Nepal ($1,007 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (-0.6%), while the prices for the other major destinations experienced a decline.

Synthetic Filament Tow Price in India (CIF) - 2023

The average synthetic filament tow import price stood at $1,748 per ton in September 2023, standing approximately at the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 21% month-to-month. The import price peaked at $2,122 per ton in June 2023; however, from July 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($4,128 per ton), while the price for Indonesia ($1,161 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Synthetic Filament Tow Exports in India

After three years of growth, shipments abroad of synthetic filament tow and staple fibers, not carded or combed decreased by -29.1% to 276K tons in 2022. In general, exports continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2021 when exports increased by 26%. As a result, the exports reached the peak of 389K tons, and then declined dramatically in the following year.

In value terms, synthetic filament tow exports contracted to $372M in 2022. Over the period under review, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.1% 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 +41.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 65%. As a result, the exports reached the peak of $433M, and then shrank in the following year.

Export of Synthetic Filament Tow in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States43.132.375.889.027.3%
Nepal30.318.638.245.414.4%
Turkey16.916.555.932.424.2%
Belgium19.712.520.821.02.2%
United Arab Emirates2.21.54.117.398.9%
Spain9.49.019.215.818.9%
Germany10.910.714.214.610.2%
Mexico17.58.626.614.0-7.2%
Bangladesh34.731.222.511.4-31.0%
Brazil11.48.018.111.0-1.2%
Egypt15.013.920.99.3-14.7%
Italy7.06.69.96.8-1.0%
Israel5.38.47.06.25.4%
Others13785.199.678.1-17.1%
Total3602634333721.1%

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

  1. United States (62.8K tons)
  2. Nepal (39.6K tons)
  3. Turkey (26.5K tons)
  4. Belgium (16.7K tons)
  5. Spain (12.3K tons)
  6. Germany (10.7K tons)
  7. Mexico (10.2K tons)
  8. Bangladesh (9.5K tons)
  9. Brazil (8.5K tons)
  10. Egypt (7.8K tons)
  11. United Arab Emirates (5.9K tons)
  12. Italy (5.2K tons)
  13. Israel (4.6K tons)

Synthetic Filament Tow Imports in India

In 2022, the amount of synthetic filament tow and staple fibers, not carded or combed imported into India shrank to 125K tons, which is down by -7.8% compared with the year before. Overall, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 1.9% against the previous year.

In value terms, synthetic filament tow imports amounted to $248M in 2022. In general, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 32%.

Import of Synthetic Filament Tow in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10659.865.986.6-6.5%
Thailand34.226.546.344.79.3%
South Korea19.916.924.822.94.8%
Japan13.99.212.817.78.4%
Taiwan (Chinese)12.48.310.99.0-10.1%
Turkey9.810.412.08.5-4.6%
Malaysia5.23.28.78.015.4%
Germany30.717.123.57.8-36.7%
Indonesia15.69.412.37.6-21.3%
Vietnam4.71.93.73.7-7.7%
Saudi Arabia2.71.71.63.36.9%
United Arab Emirates0.60.20.93.376.5%
Peru2.21.74.03.213.3%
Others33.122.020.522.3-12.3%
Total291188248248-5.2%

Top Suppliers of Synthetic Filament Tow to India in 2022:

  1. China (48.1K tons)
  2. Thailand (24.2K tons)
  3. South Korea (11.7K tons)
  4. Indonesia (6.2K tons)
  5. Malaysia (6.1K tons)
  6. Japan (5.5K tons)
  7. Taiwan (Chinese) (4.0K tons)
  8. United Arab Emirates (3.3K tons)
  9. Vietnam (3.1K tons)
  10. Turkey (2.7K tons)
  11. Saudi Arabia (1.9K tons)
  12. Peru (1.9K tons)
  13. Germany (1.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the synthetic filament tow market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601120 - Other polyamide tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601140 - Acrylic tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601150 - Polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning
  • Prodcom 20601190 - Other synthetic tow and staple not carded, combed or otherwise processed for spinning

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Discover the top 10 import markets for synthetic filament tow based on import value data from IndexBox platform. Learn about the key countries driving the demand for this essential material.

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