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

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in the United States (CIF) - 2023
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in the United States (FOB) - 2022
3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in the United States
4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in the United States

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

The average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses stood at $6,310 per ton in December 2023, picking up by 8.2% against the previous month. In general, the import price, however, showed a mild slump. The growth pace was the most rapid in September 2023 when the average import price increased by 19% against the previous month. Over the period under review, average import prices hit record highs at $7,903 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Turkey ($15,866 per ton), while the price for Indonesia ($3,657 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 Taiwan (Chinese) (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in the United States (FOB) - 2022

The average export price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses stood at $6,699 per ton in 2022, picking up by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2021 an increase of 26%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

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 Thailand ($12,141 per ton), while the average price for exports to Spain ($838 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 Peru (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in the United States

In 2022, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses into the United States rose remarkably to 25K tons, increasing by 5% compared with the year before. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses surged to $168M in 2022. In general, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 62% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Vietnam (10.6K tons)
2. Colombia (3.8K tons)
3. Indonesia (3.6K tons)
4. Taiwan (Chinese) (1.9K tons)
5. China (1.9K tons)
6. Turkey (1.2K tons)
7. Thailand (0.5K tons)
8. South Korea (0.2K tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in the United States

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses exported from the United States contracted rapidly to 6K tons, waning by -22.3% against 2021 figures. In general, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 0.4% against the previous year.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses fell to $40M in 2022. Overall, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.

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

1. Canada (1857.3 tons)
2. Mexico (1456.3 tons)
3. Brazil (544.4 tons)
4. Spain (500.1 tons)
5. Ecuador (192.6 tons)
6. Thailand (184.3 tons)
7. India (183.2 tons)
8. Bangladesh (145.0 tons)
9. South Korea (139.7 tons)
10. Pakistan (136.4 tons)
11. Peru (129.2 tons)
12. Chile (109.4 tons)

Source: IndexBox Market Intelligence Platform