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

Contents:

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

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

The average export price for fibres; synthetic filament tow, of polypropylene stood at $2,006 per ton in 2022, with an increase of 7.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 96%. Over the period under review, the average export prices hit record highs at $4,227 per ton in 2020; however, from 2021 to 2022, the 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 Moldova ($10,857 per ton), while the average price for exports to Cyprus stood at $1,818 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for fibres; synthetic filament tow, of polypropylene stood at $2,000 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price faced a deep downturn. The pace of growth was the most pronounced in 2014 an increase of 161% against the previous year. Over the period under review, average import prices hit record highs at $30,991 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Italy amounted to +68.5% per year.

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

In 2022, the amount of fibres; synthetic filament tow, of polypropylene exported from Turkey expanded sharply to 1.3 tons, surging by 13% against the previous year. Overall, exports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 73% against the previous year.

In value terms, exports of fibres; synthetic filament tow, of polypropylene skyrocketed to $2.7K in 2022. In general, exports, however, faced a precipitous curtailment.

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

1. Cyprus (1321.0 kg)
2. Moldova (28.0 kg)

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

After two years of decline, supplies from abroad of fibres; synthetic filament tow, of polypropylene decreased by -50% to 1 kg in 2022. Over the period under review, imports showed a precipitous shrinkage.

In value terms, imports of fibres; synthetic filament tow, of polypropylene shrank dramatically to $2 in 2022. Overall, imports saw a sharp curtailment.

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

1. China (1.0 kg)

Source: IndexBox Market Intelligence Platform