Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in the United States - 2024
Contents:
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in the United States (CIF) - 2024
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in the United States (FOB) - 2024
- Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in the United States
- Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in the United States
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in the United States (CIF) - 2024
In June 2024, the average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $1.2 per square meter, with a decrease of -4% against the previous month. Over the period from June 2023 to June 2024, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in August 2023 when the average import price increased by 35% m-o-m. The import price peaked at $1.4 per square meter in April 2024; however, from May 2024 to June 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was India ($4.0 per square meter), while the price for China ($947 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 Taiwan (Chinese) (+4.1%), 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 the United States (FOB) - 2024
The average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $2.3 per square meter in June 2024, surging by 13% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2024 an increase of 25% month-to-month. As a result, the export price attained the peak level of $2.4 per square meter. From February 2024 to June 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($6.6 per square meter), while the average price for exports to Canada ($1.5 per square meter) 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 Vietnam (+12.2%), 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 the United States
Imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses into the United States surged to 75M square meters in 2022, jumping by 18% compared with 2021 figures. The total import volume increased at an average annual rate of +2.9% over the period 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 19%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses surged to $81M in 2022. Overall, imports, however, showed a slight decrease. The pace of growth appeared the most rapid in 2021 with an increase of 23%. Over the period under review, imports of reached the maximum at $85M 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.1 | 25.7 | 29.6 | 37.0 | -1.0% |
| South Korea | 22.0 | 11.9 | 17.4 | 18.8 | -5.1% |
| Taiwan (Chinese) | 7.3 | 5.6 | 4.8 | 6.0 | -6.3% |
| Turkey | 6.0 | 3.9 | 5.1 | 5.4 | -3.5% |
| India | 2.7 | 2.1 | 3.0 | 3.2 | 5.8% |
| Japan | 1.9 | 1.1 | 1.7 | 2.8 | 13.8% |
| Others | 7.6 | 4.5 | 5.9 | 7.4 | -0.9% |
| Total | 85.5 | 54.7 | 67.4 | 80.6 | -1.9% |
Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to the United States in 2022:
- China (45.2M square meters)
- South Korea (16.8M square meters)
- Taiwan (Chinese) (6.0M square meters)
- Turkey (2.1M square meters)
- Japan (1.3M square meters)
- India (1.1M square meters)
Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in the United States
In 2022, approx. 18M square meters of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses were exported from the United States; surging by 2.5% on 2021. The total export volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses totaled $43M in 2022. The total export value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 15.8 | 17.8 | 21.0 | 24.3 | 15.4% |
| Canada | 4.9 | 3.4 | 3.4 | 4.0 | -6.5% |
| Dominican Republic | N/A | 0.4 | 1.6 | 2.5 | 150.0% |
| China | 1.4 | 0.5 | 1.0 | 2.0 | 12.6% |
| Hong Kong SAR | 1.1 | 1.1 | 2.5 | 1.3 | 5.7% |
| Japan | 0.7 | 0.9 | 0.5 | 0.8 | 4.6% |
| Netherlands | 0.1 | 0.1 | 0.4 | 0.7 | 91.3% |
| Germany | 0.9 | 0.6 | 0.9 | 0.7 | -8.0% |
| Vietnam | 0.5 | 0.6 | 0.6 | 0.5 | 0.0% |
| Thailand | 2.3 | 1.0 | N/A | 0.3 | -49.3% |
| Nicaragua | 0.6 | 1.1 | 2.3 | 0.2 | -30.7% |
| El Salvador | 1.4 | 1.4 | 0.6 | N/A | -34.5% |
| Others | 5.4 | 3.6 | 3.5 | 5.2 | -1.3% |
| Total | 35.2 | 32.4 | 38.5 | 42.6 | 6.6% |
Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from the United States in 2022:
- Mexico (8.7M square meters)
- Canada (2.7M square meters)
- Dominican Republic (1.4M square meters)
- Hong Kong SAR (0.8M square meters)
- China (0.7M square meters)
- Netherlands (0.3M square meters)
- Germany (0.3M square meters)
- Vietnam (0.2M square meters)
- Japan (0.2M square meters)
- Nicaragua (0.1M square meters)
- Thailand (0.1M square meters)
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