Brazil: Artificial Filament Tow Market 2024

Artificial Filament Tow Market Size in Brazil

In 2022, the Brazilian artificial filament tow market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption recorded a buoyant increase. Artificial filament tow consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Artificial Filament Tow Production in Brazil

In value terms, artificial filament tow production totaled $X in 2022 estimated in export price. Overall, production, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Artificial Filament Tow Exports

Exports from Brazil

In 2022, overseas shipments of artificial filament tow decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, artificial filament tow exports declined to $X in 2022. In general, exports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for artificial filament tow exports from Brazil, with a X% share of total exports. Moreover, artificial filament tow exports to Argentina exceeded the volume sent to the second major destination, Paraguay (X tons), threefold. The third position in this ranking was held by Bangladesh (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Argentina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Bangladesh (X% per year).

In value terms, Argentina ($X) remains the key foreign market for artificial filament tow exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Paraguay ($X), with a X% share of total exports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Argentina stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Bangladesh (X% per year).

Export Prices by Country

The average artificial filament tow export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, recorded a mild slump. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Haiti ($X per ton) and Paraguay ($X per ton), while the average price for exports to Bangladesh ($X per ton) and Venezuela ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Artificial Filament Tow Imports

Imports into Brazil

Artificial filament tow imports into Brazil shrank sharply to X tons in 2022, falling by X% compared with the previous year. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, artificial filament tow imports amounted to $X in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of artificial filament tow to Brazil, with a X% share of total imports. Moreover, artificial filament tow imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was held by Japan (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of artificial filament tow to Brazil, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average artificial filament tow import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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