Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in the United States - 2023

Contents:

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

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

In December 2023, the average import price for textile fabrics; tyrecord of high tenacity yarn of viscose raya amounted to $7,281 per ton, with a decrease of -28.9% against the previous month. Over the period under review, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in November 2023 an increase of 19% m-o-m. The import price peaked at $11,928 per ton in June 2023; however, from July 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Luxembourg ($14,116 per ton), while the price for the Netherlands ($1,413 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 Luxembourg (+3.6%), 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 the United States (FOB) - 2022

The average export price for textile fabrics; tyrecord of high tenacity yarn of viscose raya stood at $12,920 per ton in 2022, increasing by 24% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for textile fabrics; tyrecord of high tenacity yarn of viscose raya increased by +73.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 40%. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($22,926 per ton), while the average price for exports to Ghana ($815 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 Gambia (+19.6%), 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 the United States

For the third year in a row, the United States recorded decline in overseas purchases of textile fabrics; tyrecord of high tenacity yarn of viscose raya, which decreased by -2.3% to 1.2K tons in 2022. In general, imports faced a deep contraction.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of viscose raya stood at $11M in 2022. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 9.7%.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Luxembourg2.92.93.03.910.4%
India1.40.60.82.521.3%
Germany6.81.31.31.5-39.6%
PolandN/A1.21.91.48.0%
South KoreaN/AN/A2.01.1-45.0%
Czech Republic1.63.51.60.2-50.0%
ChinaN/AN/AN/A0.20%
ColombiaN/AN/A0.3N/A0%
Others0.50.5N/A0.3-15.7%
Total13.39.910.911.1-5.8%

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

  1. Luxembourg (413.8 tons)
  2. India (350.0 tons)
  3. Poland (175.5 tons)
  4. Germany (172.9 tons)
  5. South Korea (36.3 tons)
  6. Czech Republic (32.8 tons)
  7. China (25.9 tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in the United States

In 2022, approx. 602 tons of textile fabrics; tyrecord of high tenacity yarn of viscose raya were exported from the United States; declining by -8.5% against the previous year's figure. Overall, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 2.5% against the previous year.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of viscose raya totaled $7.8M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.0% 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 +62.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 44%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico4.53.45.36.513.0%
Canada1.40.60.60.7-20.6%
GambiaN/AN/AN/A0.10%
SomaliaN/A0.20.10.1-29.3%
Trinidad and TobagoN/AN/AN/AN/A0%
OmanN/AN/AN/AN/A0%
Ghana0.10.1N/AN/A0.0%
Others0.40.60.90.2-20.6%
Total6.34.86.97.87.4%

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

  1. Mexico (282.8 tons)
  2. Canada (119.1 tons)
  3. Somalia (61.0 tons)
  4. Ghana (38.7 tons)
  5. Trinidad and Tobago (29.3 tons)
  6. Gambia (17.9 tons)
  7. Oman (17.7 tons)

Source: IndexBox Market Intelligence Platform

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