Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in the UK - 2023

Contents:

1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in the UK (CIF) - 2023
2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in the UK (FOB) - 2022
3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in the UK
4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in the UK

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in the UK (CIF) - 2023

In December 2023, the average import price for tents of textile materials other than cotton or synthetic fibreses amounted to $11,115 per ton, growing by 64% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 an increase of 133% against the previous month. Over the period under review, average import prices reached the maximum at $11,599 per ton in March 2023; however, from April 2023 to December 2023, 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 the Netherlands ($33,083 per ton), while the price for Turkey ($3,067 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 the Netherlands (+18.1%), while the prices for the other major suppliers experienced a decline.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in the UK (FOB) - 2022

In 2022, the average export price for tents of textile materials other than cotton or synthetic fibreses amounted to $9,917 per ton, shrinking by -8.6% against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 29%. As a result, the export price attained the peak level of $22,953 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($23,830 per ton), while the average price for exports to Spain ($5,947 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 Ireland (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in the UK

In 2022, approx. 11K tons of tents of textile materials other than cotton or synthetic fibreses were imported into the UK; increasing by 52% on 2021. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses skyrocketed to $70M in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 48%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to the UK in 2022:

1. China (8.0K tons)
2. Bangladesh (1.6K tons)
3. Netherlands (0.4K tons)
4. South Africa (0.3K tons)
5. Pakistan (0.2K tons)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in the UK

Exports of tents of textile materials other than cotton or synthetic fibreses from the UK skyrocketed to 931 tons in 2022, picking up by 40% compared with 2021. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 74% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses surged to $9.2M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +80.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from the UK in 2022:

1. Netherlands (305.9 tons)
2. Germany (173.8 tons)
3. Belgium (167.7 tons)
4. Ireland (37.6 tons)
5. United States (37.0 tons)
6. France (36.9 tons)
7. Spain (26.4 tons)
8. Norway (18.1 tons)
9. Poland (17.9 tons)
10. Italy (6.2 tons)
11. Angola (1.9 tons)
12. Saudi Arabia (0.2 tons)

Source: IndexBox Market Intelligence Platform