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

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

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Sep 7, 2023

China's Synthetic Filament Tow Sees a 3% Decline in Price, With An Average of $1,179 per Ton.

China Synthetic Filament Tow Export Price in June 2023

In June 2023, the synthetic filament tow price stood at $1,179 per ton (FOB, China), with a decrease of -3% against the previous month. Overall, the export price saw a slight shrinkage. The pace of growth appeared the most rapid in February 2023 an increase of 4% month-to-month. The export price peaked at $1,488 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Brazil ($1,530 per ton), while the average price for exports to Vietnam ($1,011 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+0.8%), while the prices for the other major destinations experienced a decline.

China Synthetic Filament Tow Export Prices By Country (USD Per Ton)
COUNTRYExport Price of Synthetic Filament Tow in China (USD per ton)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
Brazil1,3921,6151,5301,2751,3381,4291,3681,1561,1671,1361,2581,3851,530
India1,7151,3811,4651,5041,5601,3891,5641,2901,1921,3591,8691,7021,403
Bangladesh1,3551,4371,4411,4071,5421,1031,2841,0171,0961,1191,1021,0861,187
Turkey2,3112,4581,6001,7571,3281,5081,7261,1761,1281,2451,6301,2021,140
Pakistan1,1991,1791,1771,1141,1201,0929839339421,0091,0091,0231,054
Indonesia1,2971,3891,1431,0471,0949951,0179681,1991,0431,1651,1071,015
Vietnam1,2101,2081,1391,1071,0791,0811,0321,0251,0371,0161,0531,0441,011
Average1,4881,4661,4491,3791,2911,2391,2381,1471,1931,2121,2261,2161,179

China Synthetic Filament Tow Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In June 2023, the product with the highest price was synthetic filament tow ($2,076 per ton), while the average price for exports of synthetic staple fibres, not carded, combed or otherwise processed for spinning amounted to $1,142 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for the following types: synthetic staple fibres, not carded, combed or otherwise processed for spinning (-1.6%).

China Synthetic Filament Tow Exports

In June 2023, after two months of decline, there was growth in shipments abroad of synthetic filament tow and staple fibers, not carded or combed, when their volume increased by 2.7% to 117K tons. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when exports increased by 23% month-to-month. As a result, the exports reached the peak of 122K tons. From April 2023 to June 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, synthetic filament tow exports dropped slightly to $137M (IndexBox estimates) in June 2023. In general, exports, however, saw a mild decline. The most prominent rate of growth was recorded in March 2023 when exports increased by 25% month-to-month.

China Synthetic Filament Tow Exports by Type

Synthetic staple fibres, not carded, combed or otherwise processed for spinning (112K tons) was the largest type of synthetic filament tow exported from China, accounting for a 96% share of total exports. Moreover, synthetic staple fibres, not carded, combed or otherwise processed for spinning exceeded the volume of the second product type, synthetic filament tow (4.6K tons), more than tenfold.

From June 2022 to June 2023, the average monthly growth rate of the volume of export of synthetic staple fibres, not carded, combed or otherwise processed for spinning was relatively modest.

In value terms, synthetic staple fibres, not carded, combed or otherwise processed for spinning ($128M) remains the largest type of synthetic filament tow exported from China, comprising 93% of total exports. The second position in the ranking was taken by synthetic filament tow ($9.5M), with a 6.9% share of total exports.

From June 2022 to June 2023, the average monthly growth rate of the export volume of synthetic staple fibres, not carded, combed or otherwise processed for spinning was relatively modest.

China Synthetic Filament Tow Exports by Country

Vietnam (20K tons), Turkey (12K tons) and Indonesia (11K tons) were the main destinations of synthetic filament tow exports from China, with a combined 37% share of total exports.

From June 2022 to June 2023, the biggest increases were in Turkey (with a CAGR of +7.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($20M), Turkey ($14M) and Indonesia ($12M) appeared to be the largest markets for synthetic filament tow exported from China worldwide, together accounting for 33% of total exports.

Vietnam, with a CAGR of +2.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the synthetic filament tow market in China. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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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