Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the United States - 2024
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the United States (CIF) - 2024
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the United States (FOB) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the United States
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the United States
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the United States (CIF) - 2024
The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $8,410 per ton in December 2023, flattening at the previous month. In general, the import price, however, recorded a mild decline. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 23% month-to-month. As a result, import price reached the peak level of $10,622 per ton. From August 2023 to December 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($19,522 per ton), while the price for Indonesia ($1,570 per ton) was amongst the lowest.
From March 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Mexico (+1.9%), while the prices for the other major suppliers experienced a decline.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the United States (FOB) - 2022
In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $7,068 per ton, picking up by 48% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for man-made filament yarn (other than sewing thread), put up for retail sale increased by +58.2% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($33,046 per ton), while the average price for exports to El Salvador ($2,882 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the United States
In 2022, after three years of growth, there was significant decline in supplies from abroad of man-made filament yarn (other than sewing thread), put up for retail sale, when their volume decreased by -9.5% to 3.3K tons. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 54% against the previous year.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale expanded to $32M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 16%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 13.3 | 17.3 | 21.4 | 20.6 | 15.7% |
| China | 6.1 | 6.6 | 5.1 | 5.1 | -5.8% |
| Vietnam | N/A | N/A | 0.1 | 2.1 | 2000.0% |
| Mexico | 1.9 | 2.2 | 2.1 | 2.0 | 1.7% |
| Others | 3.5 | 2.6 | 2.1 | 1.9 | -18.4% |
| Total | 24.9 | 28.8 | 30.8 | 31.5 | 8.2% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to the United States in 2022:
- Turkey (2607.1 tons)
- China (306.7 tons)
- Vietnam (160.8 tons)
- Mexico (121.2 tons)
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the United States
In 2022, exports of man-made filament yarn (other than sewing thread), put up for retail sale from the United States rose slightly to 1.4K tons, increasing by 3% on the previous year's figure. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale soared to $7.6M in 2022. Overall, exports, however, continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 38%.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2,913 | 1,800 | 2,882 | 3,104 | 2.1% |
| El Salvador | 171 | 440 | 580 | 1,439 | 103.4% |
| Mexico | 1,062 | 884 | 1,294 | 1,180 | 3.6% |
| China | 127 | 231 | 303 | 488 | 56.6% |
| Dominican Republic | 178 | 115 | 194 | 395 | 30.4% |
| Germany | 124 | 122 | 282 | 197 | 16.7% |
| Honduras | 706 | 193 | 105 | 133 | -42.7% |
| Tunisia | 904 | N/A | N/A | N/A | 0% |
| Others | 2,125 | 908 | 844 | 675 | -31.8% |
| Total | 8,309 | 4,694 | 6,484 | 7,611 | -2.9% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from the United States in 2022:
- Canada (570.4 tons)
- El Salvador (499.3 tons)
- Mexico (137.0 tons)
- China (62.3 tons)
- Germany (35.0 tons)
- Dominican Republic (25.2 tons)
- Honduras (21.7 tons)
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