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

Contents:

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

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

The average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses stood at $11,368 per ton in October 2023, surging by 21% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.2%. The pace of growth was the most pronounced in December 2022 when the average import price increased by 53% m-o-m. As a result, import price reached the peak level of $13,557 per ton. From January 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($31,175 per ton), while the price for Serbia ($6,946 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 China (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses stood at $8,124 per ton in October 2023, dropping by -6.3% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.8%. The pace of growth appeared the most rapid in January 2023 an increase of 33% month-to-month. Over the period under review, the average export prices reached the peak figure at $8,670 per ton in September 2023, and then reduced in the following month.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From October 2022 to October 2023, the rate of growth in terms of prices for Turkey amounted to +2.8% per month.

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

Imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses into Romania dropped sharply to 3.4K tons in 2022, shrinking by -18.8% against the previous year's figure. Over the period under review, imports showed a sharp decrease. The smallest decline of -12.5% was in 2021.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses shrank to $30M in 2022. Overall, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 21%.

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

1. Serbia (1184.0 tons)
2. Portugal (731.9 tons)
3. Italy (692.4 tons)
4. Poland (522.4 tons)
5. Hungary (269.0 tons)

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

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses exported from Romania surged to 1.4K tons, with an increase of 27% on the year before. In general, total exports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +4.1% 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 +92.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 52% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses surged to $8.9M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.0% 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 +98.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 63% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

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

1. Turkey (1377.4 tons)
2. Pakistan (27.6 tons)

Source: IndexBox Market Intelligence Platform