Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in China - 2023

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in China (CIF) - 2023
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in China (FOB) - 2022
3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in China
4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in China

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in China (CIF) - 2023

The average import price for textile fabrics; tyrecord of high tenacity yarn of viscose raya stood at $12,195 per ton in December 2023, dropping by -2.8% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.8%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 38% month-to-month. Over the period under review, average import prices reached the maximum at $12,550 per ton in November 2023, and then reduced modestly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was South Korea ($31,508 per ton), while the price for India ($8,552 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 Germany (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in China (FOB) - 2022

In 2022, the average export price for textile fabrics; tyrecord of high tenacity yarn of viscose raya amounted to $4,041 per ton, dropping by -63.6% against the previous year. In general, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of 71%. The export price peaked at $11,536 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($20,867 per ton), while the average price for exports to the United States ($1,274 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 Egypt (+17,224.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in China

Imports of textile fabrics; tyrecord of high tenacity yarn of viscose raya into China reduced dramatically to 5.6K tons in 2022, waning by -16.3% against the previous year. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports attained the peak of 6.7K tons, and then plummeted in the following year.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of viscose raya declined to $48M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of $52M, and then contracted in the following year.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon to China in 2022:

1. India (3209.3 tons)
2. Germany (1751.4 tons)
3. Japan (319.3 tons)
4. Thailand (219.5 tons)
5. South Korea (134.8 tons)
6. Luxembourg (4.3 tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in China

In 2022, exports of textile fabrics; tyrecord of high tenacity yarn of viscose raya from China skyrocketed to 85 tons, growing by 41% compared with the previous year's figure. Over the period under review, exports, however, showed a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of viscose raya declined dramatically to $345K in 2022. In general, exports, however, faced a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 175%.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon from China in 2022:

1. United States (43.3 tons)
2. Mexico (13.7 tons)
3. Bangladesh (11.8 tons)
4. United Kingdom (5.1 tons)
5. South Korea (4.3 tons)
6. Pakistan (3.2 tons)
7. Tanzania (1.4 tons)

Source: IndexBox Market Intelligence Platform