United Kingdom - Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

United Kingdom - Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Analysis, Forecast, Size, Trends and Insights

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Synthetic Filament Tow Price in the UK - 2023

Contents:

  1. Synthetic Filament Tow Price in the UK (CIF) - 2023
  2. Synthetic Filament Tow Price in the UK (FOB) - 2022
  3. Synthetic Filament Tow Imports in the UK
  4. Synthetic Filament Tow Exports in the UK

Synthetic Filament Tow Price in the UK (CIF) - 2023

In August 2023, the average synthetic filament tow import price amounted to $1,494 per ton, shrinking by -10.7% against the previous month. In general, the import price showed a noticeable shrinkage. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 10% m-o-m. The import price peaked at $2,291 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,023 per ton), while the price for Thailand ($931 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.1%), while the prices for the other major suppliers experienced a decline.

Synthetic Filament Tow Price in the UK (FOB) - 2022

The average synthetic filament tow export price stood at $3,858 per ton in 2022, growing by 28% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, synthetic filament tow export price increased by +76.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 38% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($7,769 per ton), while the average price for exports to Ireland ($1,945 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 Portugal (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Synthetic Filament Tow Imports in the UK

In 2022, approx. 139K tons of synthetic filament tow and staple fibers, not carded or combed were imported into the UK; waning by -7.3% on the previous year's figure. Over the period under review, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 13%.

In value terms, synthetic filament tow imports dropped modestly to $275M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of $279M, and then declined modestly in the following year.

Import of Synthetic Filament Tow in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea36.527.332.840.53.5%
Vietnam18.718.724.428.314.8%
Taiwan (Chinese)23.714.820.726.94.3%
Japan32.123.624.823.1-10.4%
Portugal9.310.022.421.432.0%
China20.012.212.919.8-0.3%
Belgium11.710.832.619.719.0%
Germany8.814.626.119.029.2%
Indonesia16.111.213.518.14.0%
United States16.111.410.414.8-2.8%
Ireland31.027.014.010.9-29.4%
India1.50.84.97.772.5%
Thailand2.81.45.24.012.6%
Others28.824.134.221.1-9.9%
Total2572082792752.3%

Top Suppliers of Synthetic Filament Tow to the UK in 2022:

  1. South Korea (28.0K tons)
  2. Vietnam (22.4K tons)
  3. Taiwan (Chinese) (17.2K tons)
  4. Indonesia (14.3K tons)
  5. Belgium (9.5K tons)
  6. China (7.5K tons)
  7. Ireland (6.3K tons)
  8. Portugal (5.4K tons)
  9. Germany (5.4K tons)
  10. India (5.1K tons)
  11. Japan (4.8K tons)
  12. United States (3.0K tons)
  13. Thailand (2.5K tons)

Synthetic Filament Tow Exports in the UK

In 2022, approx. 11K tons of synthetic filament tow and staple fibers, not carded or combed were exported from the UK; dropping by -26.4% compared with the previous year's figure. Over the period under review, exports showed a precipitous contraction. The smallest decline of -10.9% was in 2020.

In value terms, synthetic filament tow exports dropped to $42M in 2022. In general, exports showed a abrupt slump.

Export of Synthetic Filament Tow in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy10.58.411.58.2-7.9%
China1.82.23.04.838.7%
United States1.81.22.34.232.6%
Germany11.99.46.33.4-34.1%
France5.33.61.82.5-22.2%
Portugal0.60.70.72.049.4%
Lithuania1.10.72.41.715.6%
Turkey0.81.50.61.626.0%
Ireland2.51.71.31.5-15.7%
Netherlands1.51.42.01.4-2.3%
India0.50.20.51.130.1%
Belgium3.02.11.31.1-28.4%
Brazil0.50.50.71.026.0%
Others29.226.510.47.6-36.2%
Total70.860.244.742.2-15.8%

Top Export Markets for Synthetic Filament Tow from the UK in 2022:

  1. Italy (2876.2 tons)
  2. Germany (840.4 tons)
  3. Ireland (775.4 tons)
  4. France (774.4 tons)
  5. China (695.2 tons)
  6. Lithuania (673.6 tons)
  7. United States (603.9 tons)
  8. Belgium (525.2 tons)
  9. Portugal (370.7 tons)
  10. Netherlands (333.7 tons)
  11. India (313.4 tons)
  12. Brazil (264.3 tons)
  13. Turkey (200.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the synthetic filament tow market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601120 - Other polyamide tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601140 - Acrylic tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601150 - Polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning
  • Prodcom 20601190 - Other synthetic tow and staple not carded, combed or otherwise processed for spinning

Country coverage:

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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