Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in China - 2024
Contents:
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in China (FOB) - 2024
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in China (CIF) - 2024
- Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in China
- Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in China
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in China (FOB) - 2024
In June 2024, the average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $854 per thousand square meters, waning by -5.1% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2024 when the average export price increased by 16% against the previous month. As a result, the export price reached the peak level of $1.1 per square meter. From April 2024 to June 2024, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Cambodia ($1.3 per square meter), while the average price for exports to Brazil ($511 per thousand square meters) was amongst the lowest.
From June 2023 to June 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in China (CIF) - 2024
The average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $2.7 per square meter in June 2024, waning by -2.6% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 when the average import price increased by 35% month-to-month. Over the period under review, average import prices hit record highs at $2.8 per square meter in April 2024; however, from May 2024 to June 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2024, the country with the highest price was Japan ($3.2 per square meter), while the price for Indonesia ($879 per thousand square meters) was amongst the lowest.
From June 2023 to June 2024, the most notable rate of growth in terms of prices was attained by South Korea (+0.5%), while the prices for the other major suppliers experienced a decline.
Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in China
In 2022, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses from China was estimated at 2.5B square meters, surging by 7% on the previous year. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses expanded notably to $2.5B in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; 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 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 318 | 334 | 468 | 470 | 13.9% |
Bangladesh | 172 | 126 | 187 | 215 | 7.7% |
Myanmar | 112 | 100 | 107 | 166 | 14.0% |
Indonesia | 192 | 108 | 151 | 156 | -6.7% |
India | 95.7 | 67.2 | 110 | 118 | 7.2% |
Philippines | 38.1 | 54.4 | 52.2 | 67.4 | 20.9% |
Thailand | 34.0 | 35.3 | 42.8 | 67.1 | 25.4% |
United Arab Emirates | 47.8 | 26.8 | 51.2 | 56.0 | 5.4% |
Russia | 39.3 | 33.9 | 42.5 | 53.8 | 11.0% |
Nigeria | 80.8 | 57.1 | 102 | 51.1 | -14.2% |
Egypt | 53.6 | 34.4 | 35.6 | 49.7 | -2.5% |
Brazil | 53.1 | 32.2 | 44.4 | 34.8 | -13.1% |
South Africa | 37.8 | 24.3 | 33.2 | 34.7 | -2.8% |
Others | 975 | 699 | 801 | 946 | -1.0% |
Total | 2,250 | 1,733 | 2,228 | 2,485 | 3.4% |
Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from China in 2022:
- Vietnam (343.9M square meters)
- Indonesia (173.5M square meters)
- Bangladesh (166.4M square meters)
- India (163.6M square meters)
- Myanmar (121.7M square meters)
- Russia (85.8M square meters)
- Thailand (81.5M square meters)
- United Arab Emirates (63.5M square meters)
- Brazil (59.3M square meters)
- Egypt (55.5M square meters)
- Nigeria (54.7M square meters)
- Philippines (49.8M square meters)
- South Africa (48.2M square meters)
Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in China
Imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses into China reduced to 105M square meters in 2022, remaining relatively unchanged against the previous year. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 8.5%. Imports peaked at 138M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses shrank to $241M in 2022. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 3.3% against the previous year. Over the period under review, imports of reached the maximum at $357M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 152 | 105 | 105 | 111 | -9.9% |
Taiwan (Chinese) | 94.2 | 65.4 | 70.0 | 53.2 | -17.3% |
South Korea | 79.5 | 46.8 | 44.6 | 40.6 | -20.1% |
Vietnam | 10.5 | 7.2 | 12.2 | 9.1 | -4.7% |
Thailand | 4.8 | 3.4 | 3.3 | 5.0 | 1.4% |
Indonesia | 2.4 | 2.0 | 2.3 | 3.9 | 17.6% |
Others | 13.7 | 20.1 | 20.7 | 18.1 | 9.7% |
Total | 357 | 250 | 258 | 241 | -12.3% |
Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to China in 2022:
- Japan (34.1M square meters)
- Taiwan (Chinese) (33.3M square meters)
- South Korea (21.4M square meters)
- Vietnam (3.3M square meters)
- Indonesia (2.8M square meters)
- Thailand (2.3M square meters)
This report provides an in-depth analysis of the man-made filament fabric market in China.
This report provides an in-depth analysis of the global man-made filament fabric market.
This report provides an in-depth analysis of the man-made filament fabric market in China.
This report provides an in-depth analysis of the global man-made filament fabric market.
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