Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in China - 2024
Contents:
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in China (FOB) - 2024
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in China (CIF) - 2024
- Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in China
- Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in China
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in China (FOB) - 2024
In June 2024, the average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $686 per thousand square meters, reducing by -3.9% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 7.8% against the previous month. As a result, the export price attained the peak level of $777 per thousand square meters. From September 2023 to June 2024, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2024, the country with the highest price was Vietnam ($1.0 per square meter), while the average price for exports to Ghana ($370 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 Russia (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in China (CIF) - 2024
The average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $1.6 per square meter in June 2024, picking up by 15% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 26% against the previous month. Over the period under review, average import prices hit record highs at $1.8 per square meter in January 2024; however, from February 2024 to June 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($9.1 per square meter), while the price for Vietnam ($1.2 per square meter) was amongst the lowest.
From June 2023 to June 2024, the most notable rate of growth in terms of prices was attained by the United States (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in China
In 2022, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses from China was estimated at 723M square meters, with an increase of 3% against 2021 figures. In general, exports, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. The exports peaked at 807M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses rose slightly to $630M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. The exports peaked at $644M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 55.8 | 57.7 | 69.2 | 86.7 | 15.8% |
| Myanmar | 48.9 | 43.3 | 51.4 | 52.2 | 2.2% |
| Philippines | 6.6 | 13.1 | 61.5 | 42.0 | 85.3% |
| Indonesia | 25.6 | 12.3 | 19.6 | 38.7 | 14.8% |
| Nigeria | 58.9 | 47.5 | 55.2 | 32.9 | -17.6% |
| Italy | 33.1 | 17.6 | 27.9 | 31.2 | -2.0% |
| Bangladesh | 21.2 | 13.9 | 26.9 | 31.1 | 13.6% |
| Pakistan | 26.0 | 31.0 | 19.5 | 26.0 | 0.0% |
| United States | 23.8 | 26.8 | 22.4 | 21.8 | -2.9% |
| Democratic People's Republic of Korea | 91.1 | 7.5 | N/A | 18.1 | -41.6% |
| Cambodia | 14.6 | 16.9 | 19.2 | 15.7 | 2.5% |
| Russia | 5.9 | 5.1 | 7.7 | 9.1 | 15.5% |
| Sudan | 3.6 | 4.6 | 2.4 | 7.5 | 27.7% |
| Others | 229 | 193 | 224 | 217 | -1.8% |
| Total | 644 | 490 | 607 | 630 | -0.7% |
Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from China in 2022:
- Vietnam (71.6M square meters)
- Nigeria (66.2M square meters)
- Indonesia (59.2M square meters)
- Myanmar (45.2M square meters)
- Italy (37.3M square meters)
- Bangladesh (28.0M square meters)
- Philippines (25.8M square meters)
- United States (25.8M square meters)
- Pakistan (24.5M square meters)
- Democratic People's Republic of Korea (22.3M square meters)
- Cambodia (21.3M square meters)
- Sudan (13.6M square meters)
- Russia (13.1M square meters)
Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in China
In 2022, approx. 23M square meters of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses were imported into China; waning by -22.7% on the previous year's figure. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Over the period under review, imports of hit record highs at 30M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses declined dramatically to $39M in 2022. In general, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 14%. Over the period under review, imports of attained the maximum at $54M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 16.1 | 16.8 | 21.8 | 15.2 | -1.9% |
| South Korea | 16.5 | 10.5 | 6.3 | 6.9 | -25.2% |
| Vietnam | 5.4 | 3.1 | 5.3 | 5.9 | 3.0% |
| Japan | 12.2 | 5.7 | 5.1 | 3.6 | -33.4% |
| United States | 0.2 | 0.2 | 0.7 | 2.6 | 135.1% |
| Thailand | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
| Others | 3.3 | 4.4 | 6.9 | 4.5 | 10.9% |
| Total | 54.0 | 40.9 | 46.5 | 39.2 | -10.1% |
Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to China in 2022:
- Taiwan (Chinese) (12.1M square meters)
- South Korea (2.7M square meters)
- Vietnam (2.5M square meters)
- Japan (1.5M square meters)
- Thailand (0.6M square meters)
- United States (0.5M square meters)
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