Synthetic Filament Tow Price in Saudi Arabia - 2021

Contents:

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

Synthetic Filament Tow Price in Saudi Arabia (CIF) - 2022

The average synthetic filament tow import price stood at $2,221 per ton in 2021, almost unchanged from the previous year. Overall, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2013 an increase of 29%. As a result, import price attained the peak level of $3,826 per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Georgia ($2,404 per ton), while the price for India stood at $2,065 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+38.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Synthetic Filament Tow Price in Saudi Arabia (FOB) - 2022

In 2022, the average synthetic filament tow export price amounted to $1,896 per ton, reducing by -7.4% against the previous year. In general, the export price continues to indicate a mild reduction. The growth pace was the most rapid in 2013 when the average export price increased by 47%. As a result, the export price attained the peak level of $3,289 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($1,942 per ton), while the average price for exports to Jordan stood at $1,439 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Synthetic Filament Tow Imports in Saudi Arabia

In 2021, the amount of synthetic filament tows imported into Saudi Arabia was estimated at 1.8K tons, standing approx. at the year before. In general, imports continue to indicate a abrupt decrease. The smallest decline of 99.9% was in 2020.

In value terms, synthetic filament tow imports stood at $4.1M in 2021. Overall, imports saw a perceptible decrease. The smallest decline of 99.9% was in 2020.

Top Suppliers of Synthetic Filament Tow to Saudi Arabia in 2022:

1. Georgia (1033.9 tons)
2. India (237.2 tons)

Synthetic Filament Tow Exports in Saudi Arabia

After three years of growth, shipments abroad of synthetic filament tows decreased by -28.9% to 495 tons in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 137% against the previous year. As a result, the exports reached the peak of 696 tons, and then fell significantly in the following year.

In value terms, synthetic filament tow exports fell notably to $939K in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 215%. As a result, the exports attained the peak of $1.4M, and then reduced sharply in the following year.

Top Export Markets for Synthetic Filament Tow from Saudi Arabia in 2022:

1. Yemen (450.3 tons)
2. Jordan (44.6 tons)

Source: IndexBox Market Intelligence Platform