Sweden: Synthetic Filament Tow Market 2024

Synthetic Filament Tow Market Size in Sweden

In 2022, the Swedish synthetic filament tow market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Synthetic filament tow consumption peaked in 2022 and is expected to retain growth in years to come.

Synthetic Filament Tow Exports

Exports from Sweden

In 2022, after two years of growth, there was significant decline in shipments abroad of synthetic filament tow and staple fibers, not carded or combed, when their volume decreased by X% to X tons. Over the period under review, exports showed a deep reduction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, synthetic filament tow exports reduced to $X in 2022. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Switzerland (X tons), Finland (X tons) and Norway (X tons) were the main destinations of synthetic filament tow exports from Sweden, with a combined X% share of total exports. Denmark, the United States, Latvia, the UK and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Latvia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for synthetic filament tow exported from Sweden were Norway ($X), Finland ($X) and the UK ($X), with a combined X% share of total exports. Switzerland, Denmark, the United States, Latvia and China lagged somewhat behind, together comprising a further X%.

Latvia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average synthetic filament tow export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to China ($X 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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Synthetic Filament Tow Imports

Imports into Sweden

In 2022, overseas purchases of synthetic filament tow and staple fibers, not carded or combed increased by X% to X tons, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, synthetic filament tow imports surged to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Denmark (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of synthetic filament tow imports to Sweden, with a combined X% share of total imports. Ireland, South Korea, the Czech Republic, Turkey, Belgium, France, Thailand, the UK, the Netherlands and Japan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of synthetic filament tow and staple fibers, not carded or combed to Sweden, comprising X% of total imports. The second position in the ranking was held by Denmark ($X), with a X% share of total imports. It was followed by Ireland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and Ireland (X% per year).

Import Prices by Country

The average synthetic filament tow import price stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, the import price showed a perceptible downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :