Synthetic Filament Tow Price in Switzerland - 2023
Contents:
- Synthetic Filament Tow Price in Switzerland (CIF) - 2022
- Synthetic Filament Tow Price in Switzerland (FOB) - 2022
- Synthetic Filament Tow Imports in Switzerland
- Synthetic Filament Tow Exports in Switzerland
Synthetic Filament Tow Price in Switzerland (CIF) - 2022
The average synthetic filament tow import price stood at $3,491 per ton in 2022, rising by 36% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 France ($5,997 per ton), while the price for China amounted to $2,726 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.2%).
Synthetic Filament Tow Price in Switzerland (FOB) - 2022
The average synthetic filament tow export price stood at $61,079 per ton in 2022, increasing by 59% against the previous year. In general, the export price, however, saw a abrupt descent. The export price peaked at $107,236 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($263,080 per ton), while the average price for exports to Pakistan ($3,848 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 Turkey (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Filament Tow Imports in Switzerland
In 2022, approx. 1.3K tons of synthetic filament tows were imported into Switzerland; with a decrease of -20.6% against the previous year. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of 1.6K tons, and then reduced remarkably in the following year.
In value terms, synthetic filament tow imports expanded remarkably to $4.4M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Synthetic Filament Tow in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 1.5 | 2.1 | 2.8 | 13.8% |
| France | 2.1 | 1.4 | 2.0 | 1.5 | -10.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 4.0 | 3.0 | 4.1 | 4.4 | 3.2% |
Top Suppliers of Synthetic Filament Tow to Switzerland in 2022:
- China (1012.5 tons)
- France (250.5 tons)
Synthetic Filament Tow Exports in Switzerland
In 2022, shipments abroad of synthetic filament tows decreased by -28.2% to 21 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 86%. As a result, the exports reached the peak of 30 tons, and then dropped significantly in the following year.
In value terms, synthetic filament tow exports reached $1.3M in 2022. The total export value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Synthetic Filament Tow in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 245 | 315 | 254 | 406 | 18.3% |
| France | 163 | 307 | 415 | 194 | 6.0% |
| Germany | 72.0 | 84.6 | 72.5 | 115 | 16.9% |
| Tunisia | N/A | N/A | 0.5 | 49.3 | 9760.0% |
| Taiwan (Chinese) | 7.5 | 7.2 | 23.9 | 10.2 | 10.8% |
| China | 8.4 | 5.6 | 5.8 | 8.4 | 0.0% |
| Pakistan | 5.2 | 4.2 | 3.9 | 4.9 | -2.0% |
| India | 4.2 | 1.8 | 33.2 | 4.4 | 1.6% |
| Belgium | 30.9 | 1.1 | 3.5 | 3.5 | -51.6% |
| Others | 467 | 493 | 324 | 498 | 2.2% |
| Total | 1,002 | 1,220 | 1,135 | 1,294 | 8.9% |
Top Export Markets for Synthetic Filament Tow from Switzerland in 2022:
- France (9.0 tons)
- Tunisia (3.4 tons)
- Italy (1.5 tons)
- Pakistan (1.3 tons)
- Taiwan (Chinese) (1.0 tons)
- Germany (1.0 tons)
- China (0.6 tons)
- India (0.5 tons)
- Belgium (0.2 tons)
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