Synthetic Filament Tow Price in Ireland - 2023

Contents:

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

Synthetic Filament Tow Price in Ireland (CIF) - 2022

In 2022, the average synthetic filament tow import price amounted to $1,354 per ton, flattening at the previous year. Over the period under review, the import price continues to indicate a dramatic decline. The most prominent rate of growth was recorded in 2013 an increase of 3.8%. Over the period under review, average import prices attained the peak figure at $17,558 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($16,289 per ton), while the price for Malaysia ($737 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Synthetic Filament Tow Price in Ireland (FOB) - 2022

In 2022, the average synthetic filament tow export price amounted to $1,236 per ton, approximately mirroring the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 760%. Over the period under review, the average export prices attained the peak figure at $44,049 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.8% per year.

Synthetic Filament Tow Imports in Ireland

For the third year in a row, Ireland recorded decline in overseas purchases of synthetic filament tows, which decreased by 0% to 77 tons in 2022. Overall, imports recorded a abrupt descent. The smallest decline of -54.6% was in 2020.

In value terms, synthetic filament tow imports totaled $104K in 2022. In general, imports saw a dramatic curtailment. The smallest decline of -64.8% was in 2020.

Import of Synthetic Filament Tow in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A52.80%
China11.70.1N/A33.141.4%
United Kingdom10527.3N/A3.6-67.5%
Netherlands17979.5N/AN/A-55.6%
Others10.00.7N/A14.412.9%
Total306108N/A104-30.2%

Top Suppliers of Synthetic Filament Tow to Ireland in 2022:

  1. Malaysia (71.6 tons)
  2. China (3.5 tons)
  3. United Kingdom (0.2 tons)

Synthetic Filament Tow Exports in Ireland

After two years of decline, overseas shipments of synthetic filament tows decreased by 0% to 55 kg in 2022. In general, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, synthetic filament tow exports amounted to $68 in 2022. Overall, exports showed a sharp curtailment. The smallest decline of 99.9% was in 2020.

Export of Synthetic Filament Tow in Ireland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A12.00%
United States475N/AN/AN/A0%
OthersN/AN/AN/A56.00%
Total475N/AN/A68.0-47.7%

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

  1. Spain (5.0 kg)

Source: IndexBox Market Intelligence Platform

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