Synthetic Filament Tow Price in Kuwait - 2021
Contents:
- Synthetic Filament Tow Price in Kuwait (CIF) - 2022
- Synthetic Filament Tow Price in Kuwait (FOB) - 2022
- Synthetic Filament Tow Imports in Kuwait
- Synthetic Filament Tow Exports in Kuwait
Synthetic Filament Tow Price in Kuwait (CIF) - 2022
The average synthetic filament tow import price stood at $10,165 per ton in 2022, picking up by 36% against the previous year. In general, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 44% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,163 per ton), while the price for Saudi Arabia ($2,629 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Synthetic Filament Tow Price in Kuwait (FOB) - 2022
The average synthetic filament tow export price stood at $6,219 per ton in 2022, waning by -20.5% against the previous year. Overall, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 202%. As a result, the export price reached the peak level of $22,387 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($9,250 per ton), while the average price for exports to Saudi Arabia amounted to $6,145 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.
Synthetic Filament Tow Imports in Kuwait
In 2022, supplies from abroad of synthetic filament tows was finally on the rise to reach 3.8 tons after two years of decline. Overall, imports, however, showed a precipitous slump.
In value terms, synthetic filament tow imports skyrocketed to $39K in 2022. In general, imports, however, showed a significant curtailment.
| Import of Synthetic Filament Tow in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 46.4 | 20.9 | 10.1 | 11.6 | -37.0% |
| United States | 1.1 | 0.4 | 0.1 | 8.0 | 93.7% |
| Taiwan (Chinese) | 8.8 | 7.8 | 4.7 | 6.9 | -7.8% |
| Italy | 6.9 | 5.5 | 3.4 | 4.9 | -10.8% |
| China | 18.2 | 8.3 | 3.4 | 4.9 | -35.4% |
| Saudi Arabia | 2.9 | 1.4 | 0.7 | 0.9 | -32.3% |
| India | 2.3 | 1.2 | 0.7 | 0.9 | -26.9% |
| Others | 2.3 | 8.6 | 0.9 | 1.0 | -24.2% |
| Total | 89.0 | 54.1 | 23.9 | 39.0 | -24.0% |
Top Suppliers of Synthetic Filament Tow to Kuwait in 2022:
- Brazil (1268.0 kg)
- Taiwan (Chinese) (793.0 kg)
- United States (790.0 kg)
- China (482.0 kg)
- Saudi Arabia (348.0 kg)
- Italy (56.0 kg)
- India (49.0 kg)
Synthetic Filament Tow Exports in Kuwait
In 2022, approx. 666 kg of synthetic filament tows were exported from Kuwait; with a decrease of -2.5% on the year before. Overall, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 5.1% against the previous year.
In value terms, synthetic filament tow exports shrank dramatically to $4.1K in 2022. Over the period under review, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 81% against the previous year.
| Export of Synthetic Filament Tow in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 2.5 | 1.4 | 5.1 | 4.0 | 17.0% |
| Qatar | 0.3 | 0.1 | 0.3 | 0.1 | -30.7% |
| Spain | 0.1 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 10.1 | N/A | N/A | N/A | 0% |
| Bahrain | N/A | 1.4 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.1 | 2.9 | 5.3 | 4.1 | -32.1% |
Top Export Markets for Synthetic Filament Tow from Kuwait in 2022:
- Saudi Arabia (650.0 kg)
- Qatar (16.0 kg)
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