Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Bangladesh - 2022

Contents:

1. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Bangladesh (CIF) - 2022
2. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Bangladesh (FOB) - 2022
3. Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Bangladesh
4. Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Bangladesh

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Bangladesh (CIF) - 2022

In 2022, the average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $1.3 per square meter, surging by 6.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 40% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($4.1 per square meter), while the price for China ($1.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Bangladesh (FOB) - 2022

The average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $3.1 per square meter in 2022, growing by 47% against the previous year. Overall, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 89%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Montenegro ($12 per square meter), while the average price for exports to Turkey ($667 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+30.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Bangladesh

In 2022, the amount of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses imported into Bangladesh amounted to 182M square meters, with an increase of 4% against the previous year. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses expanded markedly to $245M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to Bangladesh in 2022:

1. China (166.4M square meters)
2. South Korea (8.4M square meters)

Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Bangladesh

In 2022, approx. 3.8K square meters of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses were exported from Bangladesh; with a decrease of -87.1% against the year before. Overall, exports faced a sharp curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 247% against the previous year. As a result, the exports attained the peak of 30K square meters, and then declined remarkably in the following year.

In value terms, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses dropped sharply to $12K in 2022. Over the period under review, exports faced a sharp shrinkage. The growth pace was the most rapid in 2021 when exports increased by 351%. As a result, the exports attained the peak of $63K, and then fell remarkably in the following year.

Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from Bangladesh in 2022:

1. Vietnam (1854.0 square meters)
2. Italy (1152.0 square meters)
3. United States (393.0 square meters)
4. Montenegro (176.0 square meters)
5. Netherlands (101.0 square meters)
6. Czech Republic (65.0 square meters)
7. Indonesia (46.0 square meters)

Source: IndexBox Market Intelligence Platform