Price for Fibres; Synthetic Filament Tow, of Polyesters in Pakistan - 2022

Contents:

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

Price for Fibres; Synthetic Filament Tow, of Polyesters in Pakistan (CIF) - 2022

The average import price for fibres; synthetic filament tow, of polyesterses stood at $1,886 per ton in 2022, increasing by 50% against the previous year. In general, the import price, however, showed a mild contraction. Over the period under review, average import prices reached the maximum at $3,115 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 China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.1% per year.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Pakistan (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, of polyesterses amounted to $1,168 per ton, reducing by -19.8% against the previous year. Over the period under review, the export price saw a deep setback. The growth pace was the most rapid in 2021 an increase of 48%. The export price peaked at $2,669 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,226 per ton), while the average price for exports to Oman stood at $1,081 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+40.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Pakistan

In 2022, overseas purchases of fibres; synthetic filament tow, of polyesterses decreased by -13.3% to 187 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 304% against the previous year. As a result, imports reached the peak of 395 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fibres; synthetic filament tow, of polyesterses skyrocketed to $352K in 2022. Overall, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 112%. As a result, imports attained the peak of $530K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Pakistan in 2022:

1. China (186.1 tons)

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Pakistan

In 2022, approx. 60 tons of fibres; synthetic filament tow, of polyesterses were exported from Pakistan; growing by 51% against 2021 figures. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 2,748% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of fibres; synthetic filament tow, of polyesterses skyrocketed to $70K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 4,127% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Pakistan in 2022:

1. United Arab Emirates (36.0 tons)
2. Oman (24.0 tons)

Source: IndexBox Market Intelligence Platform