Synthetic Filament Tow Price in Sweden - 2023

Contents:

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

Synthetic Filament Tow Price in Sweden (CIF) - 2022

The average synthetic filament tow import price stood at $10,700 per ton in 2022, shrinking by -51.1% against the previous year. Over the period under review, the import price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2014 an increase of 78%. The import price peaked at $27,831 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($30,711 per ton), while the price for Italy ($5,626 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+75.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Synthetic Filament Tow Price in Sweden (FOB) - 2022

The average synthetic filament tow export price stood at $9,163 per ton in 2022, falling by -33.3% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2018 an increase of 54%. Over the period under review, the average export prices attained the peak figure at $34,431 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($28,024 per ton), while the average price for exports to the UK ($3,844 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 Lithuania (+38.8%), while the prices for the other major destinations experienced a decline.

Synthetic Filament Tow Imports in Sweden

In 2022, imports of synthetic filament tows into Sweden reduced to 13 tons, waning by -13% on the previous year. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year.

In value terms, synthetic filament tow imports declined remarkably to $137K in 2022. In general, imports saw a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 9.2% against the previous year.

Import of Synthetic Filament Tow in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany77.478.512210611.1%
Denmark48.660.365.411.3-38.5%
France5.74.41.210.924.1%
United States2001301183.3-74.5%
ItalyN/AN/A1.42.150.0%
United Kingdom6.84.01.11.2-43.9%
Turkey10.3N/AN/A1.1-52.6%
Others2.719.214.42.1-8.0%
Total351296323137-26.9%

Top Suppliers of Synthetic Filament Tow to Sweden in 2022:

  1. Germany (9.5 tons)
  2. France (1.6 tons)
  3. Italy (0.4 tons)
  4. Denmark (0.4 tons)
  5. United States (0.3 tons)
  6. Turkey (0.2 tons)
  7. United Kingdom (0.2 tons)

Synthetic Filament Tow Exports in Sweden

In 2022, approx. 7.9 tons of synthetic filament tows were exported from Sweden; rising by 28% on the previous year's figure. The total export volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, synthetic filament tow exports declined to $73K in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54%.

Export of Synthetic Filament Tow in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2.45.81.436.5147.8%
Denmark26.844.828.417.5-13.2%
Finland5.99.021.611.223.8%
Lithuania4.13.55.83.6-4.2%
IcelandN/AN/AN/A1.30%
United KingdomN/AN/A13.40.7-94.8%
BelgiumN/AN/AN/A0.70%
Others2.10.514.21.2-17.0%
Total41.463.784.872.620.6%

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

  1. Norway (4099.0 kg)
  2. Denmark (1713.0 kg)
  3. Finland (1126.0 kg)
  4. Iceland (334.0 kg)
  5. United Kingdom (180.0 kg)
  6. Belgium (128.0 kg)
  7. Lithuania (127.0 kg)

Source: IndexBox Market Intelligence Platform

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