Synthetic Filament Tow Price in Romania - 2023
Contents:
- Synthetic Filament Tow Price in Romania (CIF) - 2023
- Synthetic Filament Tow Price in Romania (FOB) - 2022
- Synthetic Filament Tow Imports in Romania
- Synthetic Filament Tow Exports in Romania
Synthetic Filament Tow Price in Romania (CIF) - 2023
The average synthetic filament tow import price stood at $2,551 per ton in June 2023, falling by -6% against the previous month. Overall, the import price continues to indicate a slight reduction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 12% against the previous month. The import price peaked at $3,214 per ton in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Turkey ($2,515 per ton), while the price for China amounted to $2,348 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Thailand (+1.4%), while the prices for the other major suppliers experienced a decline.
Synthetic Filament Tow Price in Romania (FOB) - 2022
The average synthetic filament tow export price stood at $3,693 per ton in 2022, with an increase of 21% against the previous year. Over the period under review, the export price recorded a prominent increase. The growth pace was the most rapid in 2019 when the average export price increased by 98% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($8,476 per ton), while the average price for exports to Italy ($1,354 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 Croatia (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Filament Tow Imports in Romania
In 2022, approx. 9.2K tons of synthetic filament tows were imported into Romania; picking up by 3.9% on the previous year. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 44%.
In value terms, synthetic filament tow imports fell slightly to $29M in 2022. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 130% against the previous year. As a result, imports attained the peak of $29M, leveling off in the following year.
| Import of Synthetic Filament Tow in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.5 | 0.4 | 10.6 | 19.5 | 239.1% |
| Thailand | 0.2 | 0.1 | 0.2 | 5.5 | 201.8% |
| Portugal | 0.4 | 0.4 | 1.5 | 1.8 | 65.1% |
| Germany | 19.2 | 10.5 | 15.1 | 1.3 | -59.2% |
| Italy | 1.7 | 0.7 | 0.5 | 0.2 | -51.0% |
| Others | 0.5 | 0.7 | 1.3 | 0.8 | 17.0% |
| Total | 22.4 | 12.7 | 29.2 | 29.1 | 9.1% |
Top Suppliers of Synthetic Filament Tow to Romania in 2022:
- Italy (undefinedK tons)
- Turkey (6.4K tons)
- Thailand (1.8K tons)
- Portugal (0.4K tons)
- Germany (0.4K tons)
Synthetic Filament Tow Exports in Romania
In 2022, shipments abroad of synthetic filament tows was finally on the rise to reach 16 tons after two years of decline. In general, exports, however, showed a precipitous slump.
In value terms, synthetic filament tow exports soared to $61K in 2022. Overall, exports, however, recorded a drastic downturn.
| Export of Synthetic Filament Tow in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 12.0 | 1.2 | 17.8 | 52.7 | 63.8% |
| Bulgaria | 0.6 | 0.3 | 0.4 | 5.8 | 113.0% |
| Italy | 82.3 | 24.6 | 2.9 | 0.8 | -78.7% |
| United Kingdom | N/A | 30.7 | N/A | N/A | 0% |
| Others | 1.2 | 3.4 | 1.2 | 1.5 | 7.7% |
| Total | 96.2 | 60.2 | 22.3 | 60.8 | -14.2% |
Top Export Markets for Synthetic Filament Tow from Romania in 2022:
- France (15.1 tons)
- Bulgaria (0.7 tons)
- Italy (0.6 tons)
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