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United Kingdom - Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 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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May 28, 2023

Synthetic Filament Tow Price in UK Rises Slightly to $1,754 per Ton

United Kingdom Synthetic Filament Tow Import Price in January 2023

In January 2023, the synthetic filament tow price stood at $1,754 per ton (CIF, United Kingdom), rising by 3.6% against the previous month. Over the period under review, the import price, however, saw a slight decline. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 11% month-to-month. As a result, import price attained the peak level of $2,405 per ton. From August 2022 to January 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6,344 per ton), while the price for Indonesia ($1,070 per ton) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Synthetic Filament Tow in United Kingdom (USD per ton)
Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
United States26,5865,2334,3904,6524,3495,7204,9556,4804,2694,9725,2395,2696,344
Japan5,7695,0707,9295,5854,9154,9804,2443,8944,8064,3864,7484,9075,151
Germany3,0463,6843,7094,2483,8773,4913,6533,5213,5223,0613,7993,7863,624
Portugal4,2634,0754,4834,2004,0764,0044,0303,9813,6303,6903,6743,7843,409
Ireland1,7921,8582,0371,8011,7731,6671,1131,7151,5461,7061,6131,7781,954
Belgium2,2141,8652,0142,2952,2302,4872,3542,1772,0231,9871,9721,8091,928
China1,5681,6123,2384,0383,5634,0603,8313,0542,5341,7701,9991,7571,857
India1,5541,5091,4591,5411,4801,6431,5191,5131,7201,7341,4831,5201,672
South Africa< 0.11,4601,6531,4381,1831,4511,5311,4841,4401,4021,5181,4851,425
Taiwan (Chinese)1,6961,8501,5061,4341,4211,6171,5561,6991,6181,5181,5521,4531,258
South Korea1,4771,4371,1801,3401,4251,5321,6181,5281,5221,5001,5731,3291,243
Vietnam1,1841,2521,2181,2581,2021,1601,3311,4251,3181,3811,4311,1591,084
Indonesia1,2901,3151,2181,1431,1541,2091,2291,4521,3131,3491,3071,1121,070
Average2,0301,9691,7671,9522,1602,1702,4052,2911,9111,8161,9981,6931,754

United Kingdom Synthetic Filament Tow Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In January 2023, the product with the highest price was synthetic filament tow ($4,056 per ton), while the price for synthetic staple fibres, not carded, combed or otherwise processed for spinning totaled $1,663 per ton.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by synthetic staple fibres, not carded, combed or otherwise processed for spinning (-0.7%).

United Kingdom Synthetic Filament Tow Imports

In January 2023, after two months of decline, there was significant growth in purchases abroad of synthetic filament tow and staple fibers, not carded or combed, when their volume increased by 9.6% to 12K tons. Over the period under review, imports, however, saw a slight decrease. The pace of growth appeared the most rapid in September 2022 with an increase of 48% against the previous month.

In value terms, synthetic filament tow imports rose notably to $20M (IndexBox estimates) in January 2023. Overall, imports, however, showed a pronounced setback. The most prominent rate of growth was recorded in September 2022 with an increase of 24% m-o-m.

United Kingdom Synthetic Filament Tow Imports by Type

In January 2023, synthetic staple fibres, not carded, combed or otherwise processed for spinning (11K tons) was the main type of synthetic filament tow supplied to the UK, accounting for a 96% share of total imports. Moreover, synthetic staple fibres, not carded, combed or otherwise processed for spinning exceeded the figures recorded for the second-largest type, synthetic filament tow (440 tons), more than tenfold.

From January 2022 to January 2023, the average monthly rate of growth in terms of the volume of import of synthetic staple fibres, not carded, combed or otherwise processed for spinning totaled -1.6%.

In value terms, synthetic staple fibres, not carded, combed or otherwise processed for spinning ($18M) constituted the largest type of synthetic filament tow supplied to the UK, comprising 91% of total imports. The second position in the ranking was taken by synthetic filament tow ($1.8M), with an 8.8% share of total imports.

United Kingdom Synthetic Filament Tow Imports by Country

South Korea (2.3K tons), Ireland (1.8K tons) and Vietnam (1.6K tons) were the main suppliers of synthetic filament tow imports to the UK, with a combined 50% share of total imports. These countries were followed by Indonesia, Taiwan (Chinese), China, Germany, Japan, the United States, Belgium, India, South Africa and Portugal, which together accounted for a further 45%.

From January 2022 to January 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +12.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($3.6M), South Korea ($2.9M) and Vietnam ($1.8M) were the largest synthetic filament tow suppliers to the UK, with a combined 41% share of total imports. These countries were followed by Indonesia, Taiwan (Chinese), the United States, Japan, Germany, China, Belgium, Portugal, India and South Africa, which together accounted for a further 53%.

South Africa, with a CAGR of +9.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases 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 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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