Price for Woven Fabrics of Artificial Staple Fibres in Brazil - 2023

Contents:

1. Price for Woven Fabrics of Artificial Staple Fibres in Brazil (CIF) - 2023
2. Price for Woven Fabrics of Artificial Staple Fibres in Brazil (FOB) - 2022
3. Imports of Woven Fabrics of Artificial Staple Fibres in Brazil
4. Exports of Woven Fabrics of Artificial Staple Fibres in Brazil

Price for Woven Fabrics of Artificial Staple Fibres in Brazil (CIF) - 2023

In December 2023, the average import price for woven fabrics of artificial staple fibres amounted to $676 per thousand square meters, remaining constant against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2023 when the average import price increased by 7.7% against the previous month. The import price peaked at $771 per thousand square meters in January 2023; however, from February 2023 to December 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to December 2023, the rate of growth in terms of prices for China amounted to -0.4% per month.

Price for Woven Fabrics of Artificial Staple Fibres in Brazil (FOB) - 2022

In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $13 per square meter, reducing by -10% against the previous year. Overall, the export price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by 30% against the previous year. As a result, the export price attained the peak level of $25 per square meter. From 2014 to 2022, the average export prices remained 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 Argentina ($23 per square meter), while the average price for exports to France ($7.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Woven Fabrics of Artificial Staple Fibres in Brazil

In 2022, imports of woven fabrics of artificial staple fibres into Brazil expanded sharply to 53M square meters, growing by 10% against the year before. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of woven fabrics of artificial staple fibres soared to $238M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 24%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Brazil in 2022:

1. China (52.0M square meters)

Exports of Woven Fabrics of Artificial Staple Fibres in Brazil

In 2022, exports of woven fabrics of artificial staple fibres from Brazil expanded significantly to 224K square meters, growing by 12% on 2021 figures. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of woven fabrics of artificial staple fibres reached $2.9M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 87% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Brazil in 2022:

1. Paraguay (81.9K square meters)
2. Peru (52.7K square meters)
3. Colombia (20.3K square meters)
4. Argentina (17.6K square meters)
5. Ecuador (13.9K square meters)
6. France (10.5K square meters)
7. China (8.0K square meters)
8. United States (5.0K square meters)

Source: IndexBox Market Intelligence Platform