Price for Tents of Synthetic Fibres in China - 2023
Contents:
- Price for Tents of Synthetic Fibres in China (FOB) - 2022
- Price for Tents of Synthetic Fibres in China (CIF) - 2022
- Exports of Tents of Synthetic Fibres in China
- Imports of Tents of Synthetic Fibres in China
Price for Tents of Synthetic Fibres in China (FOB) - 2022
In 2022, the average tents of synthetic fibres export price amounted to $6,708 per ton, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2021 an increase of 15% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($11,885 per ton), while the average price for exports to Canada ($3,852 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 Malaysia (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tents of Synthetic Fibres in China (CIF) - 2022
The average tents of synthetic fibres import price stood at $12,099 per ton in 2022, falling by -3.3% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tents of synthetic fibres import price decreased by -29.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 53%. As a result, import price attained the peak level of $17,261 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
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 ($73,964 per ton), while the price for the Netherlands ($4,499 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tents of Synthetic Fibres in China
After three years of growth, shipments abroad of tents of synthetic fibreses decreased by -5.4% to 322K tons in 2022. The total export volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of 341K tons, and then shrank in the following year.
In value terms, tents of synthetic fibres exports expanded sharply to $2.2B in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 52%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Tents of Synthetic Fibres in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 294 | 359 | 561 | 536 | 22.2% |
| Japan | 71.6 | 90.8 | 160 | 175 | 34.7% |
| United Kingdom | 98.1 | 89.5 | 152 | 130 | 9.8% |
| Australia | 67.1 | 76.0 | 122 | 128 | 24.0% |
| Germany | 57.4 | 62.2 | 111 | 111 | 24.6% |
| South Korea | 30.6 | 63.0 | 109 | 105 | 50.8% |
| Canada | 35.5 | 44.3 | 67.9 | 75.8 | 28.8% |
| Thailand | 23.5 | 34.1 | 48.6 | 69.6 | 43.6% |
| Netherlands | 44.8 | 32.1 | 41.1 | 61.7 | 11.3% |
| Malaysia | 20.2 | 23.2 | 43.9 | 60.9 | 44.5% |
| France | 41.8 | 44.8 | 58.0 | 50.3 | 6.4% |
| Chile | 28.8 | 37.1 | 54.3 | 49.5 | 19.8% |
| Philippines | 11.2 | 16.9 | 33.5 | 44.6 | 58.5% |
| Others | 360 | 375 | 487 | 565 | 16.2% |
| Total | 1,185 | 1,348 | 2,049 | 2,162 | 22.2% |
Top Export Markets for Tents of Synthetic Fibres from China in 2022:
- United States (94.9K tons)
- Canada (19.7K tons)
- Australia (19.5K tons)
- United Kingdom (16.2K tons)
- Japan (14.7K tons)
- Germany (13.7K tons)
- Thailand (10.1K tons)
- South Korea (9.3K tons)
- Netherlands (8.8K tons)
- Chile (8.6K tons)
- Malaysia (7.2K tons)
- France (6.5K tons)
- Philippines (6.3K tons)
Imports of Tents of Synthetic Fibres in China
In 2022, tents of synthetic fibres imports into China surged to 900 tons, growing by 230% on the year before. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 296% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, tents of synthetic fibres imports soared to $11M in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tents of Synthetic Fibres in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 124 | 234 | 1,598 | 6,949 | 282.7% |
| Bangladesh | 97.4 | 17.2 | 8.1 | 430 | 64.0% |
| South Korea | 13.5 | 17.4 | 10.4 | 387 | 206.1% |
| Japan | 45.7 | 15.1 | 82.5 | 271 | 81.0% |
| Pakistan | 7.4 | N/A | N/A | 212 | 206.0% |
| Italy | 169 | 3.0 | 79.9 | 8.0 | -63.8% |
| Others | 409 | 902 | 1,634 | 2,631 | 86.0% |
| Total | 866 | 1,189 | 3,412 | 10,887 | 132.5% |
Top Suppliers of Tents of Synthetic Fibres to China in 2022:
- Vietnam (602.9 tons)
- Bangladesh (38.4 tons)
- South Korea (32.4 tons)
- Pakistan (22.8 tons)
- Japan (13.1 tons)
- Italy (0.3 tons)
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