Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Pakistan - 2023

Contents:

  1. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Pakistan (CIF) - 2023
  2. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Pakistan (FOB) - 2022
  3. Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Pakistan
  4. Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Pakistan

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Pakistan (CIF) - 2023

The average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $5.7 per square meter in December 2023, which is down by -14.5% against the previous month. In general, the import price, however, enjoyed a pronounced increase. The pace of growth was the most pronounced in July 2023 an increase of 116% month-to-month. The import price peaked at $9.4 per square meter in August 2023; however, from September 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 Thailand amounted to +46.0% per month.

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Pakistan (FOB) - 2022

The average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $1.6 per square meter in 2022, declining by -34.8% against the previous year. Overall, the export price recorded a mild curtailment. The growth pace was the most rapid in 2017 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices reached the maximum at $2.5 per square meter in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Malaysia ($2.7 per square meter), while the average price for exports to the Netherlands ($1 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 Canada (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Pakistan

In 2022, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses into Pakistan skyrocketed to 1.1M square meters, picking up by 76% against 2021 figures. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 104% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses dropped to $861K in 2022. Over the period under review, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Over the period under review, imports of attained the peak figure at $1.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,054536536639-15.4%
Thailand16.318.6273202131.4%
South Korea21.110459.10.1-83.2%
Others84.411159.419.7-38.4%
Total1,176769927861-9.9%

Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to Pakistan in 2022:

  1. China (813.3K square meters)
  2. Thailand (220.4K square meters)
  3. South Korea (0.1K square meters)

Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Pakistan

In 2022, approx. 127K square meters of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses were exported from Pakistan; rising by 162% compared with the previous year. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses skyrocketed to $201K in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 128%. As a result, the exports reached the peak of $227K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AfghanistanN/A3.5N/A159574.0%
United Kingdom12.9135N/A15.56.3%
United States33.761.144.410.3-32.6%
Australia18.84.61.47.6-26.1%
Malaysia2.510.33.95.126.8%
Japan16.2N/AN/AN/A0%
Saudi ArabiaN/AN/A48.4N/A0%
Others15.312.719.93.4-39.4%
Total99.422711820126.5%

Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from Pakistan in 2022:

  1. Afghanistan (106.3K square meters)
  2. United Kingdom (10.0K square meters)
  3. United States (4.2K square meters)
  4. Australia (3.1K square meters)
  5. Malaysia (1.9K square meters)

Source: IndexBox Market Intelligence Platform

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