Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Nigeria - 2022
Contents:
- Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Nigeria (CIF) - 2022
- Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Nigeria
Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Nigeria (CIF) - 2022
In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses amounted to $8,631 per ton, with an increase of 320% against the previous year. Overall, the import price enjoyed a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Germany ($9,042 per ton), while the price for Kenya stood at $4,295 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+180.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Nigeria
In 2022, overseas purchases of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses were finally on the rise to reach 23 tons after two years of decline. Over the period under review, imports recorded a relatively flat trend pattern. 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 skyrocketed to $199K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 0.3 | N/A | 191 | 760.3% |
| Kenya | N/A | N/A | N/A | 8.6 | 0% |
| South Korea | 6.1 | 7.1 | 1.0 | N/A | -59.5% |
| China | 8.4 | 8.8 | 0.1 | N/A | -89.1% |
| Belgium | 0.6 | 0.5 | 0.1 | N/A | -59.2% |
| United Kingdom | 11.3 | 11.0 | 1.3 | N/A | -66.1% |
| Japan | 1.2 | N/A | N/A | N/A | 0% |
| United States | 2.9 | 2.5 | 0.3 | N/A | -67.8% |
| Others | 3.0 | 4.1 | 0.4 | N/A | -63.5% |
| Total | 33.7 | 34.3 | 3.2 | 199 | 80.7% |
Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides to Nigeria in 2022:
- Germany (21.1 tons)
- Kenya (2.0 tons)
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