Price for Fibres; Synthetic Filament Tow, of Polypropylene in Serbia - 2023

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polypropylene in Serbia (FOB) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Polypropylene in Serbia (CIF) - 2022
  3. Exports of Fibres; Synthetic Filament Tow, of Polypropylene in Serbia
  4. Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Serbia

Price for Fibres; Synthetic Filament Tow, of Polypropylene in Serbia (FOB) - 2022

The average export price for fibres; synthetic filament tow, of polypropylene stood at $6,889 per ton in 2022, declining by -4.3% against the previous year. In general, the export price saw a slight decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 37%. The export price peaked at $10,564 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Montenegro.

From 2012 to 2022, the rate of growth in terms of prices for Montenegro amounted to +8.6% per year.

Price for Fibres; Synthetic Filament Tow, of Polypropylene in Serbia (CIF) - 2022

The average import price for fibres; synthetic filament tow, of polypropylene stood at $1,821 per ton in 2022, waning by -6.6% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2014 an increase of 93% against the previous year. The import price peaked at $13,344 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +20.1% per year.

Exports of Fibres; Synthetic Filament Tow, of Polypropylene in Serbia

In 2022, exports of fibres; synthetic filament tow, of polypropylene from Serbia shrank notably to 18 kg, waning by -99.8% on the previous year. In general, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, the exports reached the peak of 8.8 tons, and then declined dramatically in the following year.

In value terms, exports of fibres; synthetic filament tow, of polypropylene fell notably to $124 in 2022. Over the period under review, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. As a result, the exports attained the peak of $64K, and then reduced markedly in the following year.

Export of Fibres; Synthetic Filament Tow, of Polypropylene in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro0.30.30.20.1-30.7%
Bosnia and Herzegovina46.437.363.4N/A16.9%
OthersN/AN/AN/AN/A0%
Total46.737.663.60.1-87.1%

Top Export Markets for Fibres; Synthetic Filament Tow, of Polypropylene from Serbia in 2022:

  1. Montenegro (18.0 kg)

Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Serbia

In 2022, approx. 67 kg of fibres; synthetic filament tow, of polypropylene were imported into Serbia; jumping by 72% against 2021 figures. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 513%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of fibres; synthetic filament tow, of polypropylene soared to $122 in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 117%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Fibres; Synthetic Filament Tow, of Polypropylene in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23.01.076.012274.4%
FranceN/A43.0N/AN/A0%
TurkeyN/A6.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total23.050.076.012274.4%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polypropylene to Serbia in 2022:

  1. Germany (67.0 kg)

Source: IndexBox Market Intelligence Platform

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