Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in China - 2023

Contents:

  1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in China (FOB) - 2023
  2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in China (CIF) - 2023
  3. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in China
  4. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in China

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in China (FOB) - 2023

In December 2023, the average export price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $3,745 per ton, surging by 1.9% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 6.2% month-to-month. As a result, the export price attained the peak level of $4,109 per ton. From October 2023 to December 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($5,376 per ton), while the average price for exports to Mexico ($2,514 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in China (CIF) - 2023

In December 2023, the average import price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $9,948 per ton, picking up by 27% against the previous month. Over the period under review, the import price, however, showed a perceptible slump. The pace of growth appeared the most rapid in April 2023 an increase of 170% month-to-month. The import price peaked at $23,918 per ton in June 2023; however, from July 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($11,132 per ton), while the price for Pakistan ($3,925 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Myanmar (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in China

Exports of tarpaulins, awnings and sunblinds of synthetic fibreses from China reduced to 321K tons in 2022, which is down by -8.7% compared with the previous year's figure. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, the exports reached the peak of 351K tons, and then reduced in the following year.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses stood at $1.2B in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 47% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States29631644448017.5%
Germany75.074.710910110.4%
France58.742.675.685.013.1%
United Kingdom37.841.975.057.915.3%
Japan39.639.254.553.410.5%
Canada31.729.645.251.317.4%
Australia22.328.239.545.126.5%
Netherlands36.736.648.042.14.7%
Spain16.115.829.428.120.4%
Italy21.114.524.926.68.0%
Poland10.414.223.419.222.7%
Others15716623524415.8%
Total8028191,2041,23415.4%

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from China in 2022:

  1. United States (140.0K tons)
  2. Germany (22.5K tons)
  3. France (19.7K tons)
  4. Canada (16.0K tons)
  5. United Kingdom (13.6K tons)
  6. Japan (13.0K tons)
  7. Australia (10.5K tons)
  8. Netherlands (10.5K tons)
  9. Italy (7.1K tons)
  10. Spain (6.6K tons)
  11. Poland (5.7K tons)

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in China

Imports of tarpaulins, awnings and sunblinds of synthetic fibreses into China shrank dramatically to 293 tons in 2022, waning by -16.4% on the year before. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 73%. As a result, imports attained the peak of 350 tons, and then reduced dramatically in the following year.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses fell dramatically to $3.3M in 2022. Over the period under review, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. As a result, imports attained the peak of $4.4M, and then contracted dramatically in the following year.

Import of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,4091,5961,3021,4861.8%
PakistanN/AN/AN/A3430%
Germany19059.521129315.5%
Vietnam69.21601,28921646.1%
BangladeshN/AN/AN/A83.40%
United States68825135247.5-59.0%
South Africa11.51.626.738.649.7%
United Kingdom36.311.134918.7-19.8%
Belgium1341020.20.3-86.9%
Others35345085080831.8%
Total2,8922,6324,3803,3354.9%

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to China in 2022:

  1. Italy (108.5 tons)
  2. Pakistan (49.1 tons)
  3. Vietnam (18.6 tons)
  4. Germany (12.2 tons)
  5. Bangladesh (7.6 tons)
  6. South Africa (3.6 tons)
  7. United States (2.1 tons)
  8. United Kingdom (0.5 tons)

Source: IndexBox Market Intelligence Platform

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