Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Italy - 2023

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Italy (FOB) - 2023
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Italy (CIF) - 2023
3. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Italy
4. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Italy

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Italy (FOB) - 2023

In October 2023, the average export price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses amounted to $8,836 per ton, reducing by -53.7% against the previous month. Overall, the export price recorded a noticeable setback. The most prominent rate of growth was recorded in June 2023 an increase of 62% m-o-m. Over the period under review, the average export prices reached the maximum at $19,089 per ton in September 2023, and then dropped significantly in the following month.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was the UK ($30,267 per ton), while the average price for exports to Turkey ($3,327 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Italy (CIF) - 2023

In October 2023, the average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses amounted to $5,611 per ton, with a decrease of -30.5% against the previous month. Over the period under review, the import price showed a perceptible shrinkage. The pace of growth was the most pronounced in April 2023 when the average import price increased by 44% month-to-month. As a result, import price reached the peak level of $10,953 per ton. From May 2023 to October 2023, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Vietnam ($6,667 per ton), while the price for China ($4,632 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Italy

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses exported from Italy expanded sharply to 3K tons, increasing by 10% against the previous year. The total export volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 3.2K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses expanded notably to $41M in 2022. The total export value increased at an average annual rate of +11.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides from Italy in 2022:

1. France (745.1 tons)
2. Romania (720.8 tons)
3. Poland (386.4 tons)
4. Serbia (381.8 tons)
5. Germany (327.6 tons)
6. Hungary (195.4 tons)
7. United Kingdom (73.0 tons)
8. United States (62.0 tons)
9. Mexico (33.1 tons)
10. Spain (18.7 tons)

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Italy

After two years of decline, purchases abroad of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses increased by 103% to 2.8K tons in 2022. Overall, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses soared to $20M in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides to Italy in 2022:

1. Germany (745.3 tons)
2. Hungary (707.6 tons)
3. Czech Republic (459.8 tons)
4. Poland (455.5 tons)
5. Spain (186.3 tons)
6. Turkey (49.8 tons)
7. Japan (45.7 tons)

Source: IndexBox Market Intelligence Platform