Synthetic Filament Tow Price in Russia - 2022

Contents:

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

Synthetic Filament Tow Price in Russia (CIF) - 2022

The average synthetic filament tow import price stood at $2,643 per ton in January 2022, flattening at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.1%. The pace of growth appeared the most rapid in April 2021 when the average import price increased by 23% against the previous month. Over the period under review, average import prices reached the maximum at $2,903 per ton in May 2021; however, from June 2021 to January 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Belarus.

From January 2021 to January 2022, the rate of growth in terms of prices for Mexico amounted to +8.2% per month.

Synthetic Filament Tow Price in Russia (FOB) - 2022

The average synthetic filament tow export price stood at $6,499 per ton in 2021, rising by 75% against the previous year. In general, the export price recorded a resilient expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 196%. As a result, the export price attained the peak level of $6,913 per ton. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($6,544 per ton), while the average price for exports to Belarus amounted to $2,286 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-1.5%), while the prices for the other major destinations experienced a decline.

Synthetic Filament Tow Imports in Russia

In 2022, overseas purchases of synthetic filament tows increased by 12% to 3.6K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a drastic downturn.

In value terms, synthetic filament tow imports fell to $8.3M in 2022. Overall, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 3.1% against the previous year.

Top Suppliers of Synthetic Filament Tow to Russia in 2022:

1. Belarus (3.6K tons)

Synthetic Filament Tow Exports in Russia

After two years of growth, overseas shipments of synthetic filament tows decreased by -96.1% to 1.9 tons in 2021. Over the period under review, exports faced a dramatic contraction. The pace of growth was the most pronounced in 2020 when exports increased by 63% against the previous year. As a result, the exports reached the peak of 48 tons, and then shrank significantly in the following year.

In value terms, synthetic filament tow exports fell remarkably to $12K in 2021. In general, exports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 22% against the previous year. As a result, the exports attained the peak of $179K, and then shrank significantly in the following year.

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

1. Kazakhstan (1859.0 kg)

Source: IndexBox Market Intelligence Platform