Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Sri Lanka - 2022

Contents:

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

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

The average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $2.2 per square meter in 2022, picking up by 29% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses increased by +47.8% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 52% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($5.1 per square meter), while the price for China ($1.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $1.1 per square meter, with an increase of 14% against the previous year. Over the period under review, the export price, however, recorded a mild contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 67% against the previous year. The export price peaked at $1.7 per square meter in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($16 per square meter), while the average price for exports to Cote d'Ivoire ($879 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 the United Arab Emirates (+39.1%), 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 Sri Lanka

In 2022, the amount of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses imported into Sri Lanka declined sharply to 2.8M square meters, waning by -18.9% on 2021 figures. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 9.1% against the previous year. Over the period under review, imports of attained the maximum at 4.9M 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 rose to $6.1M in 2022. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. Over the period under review, imports of attained the peak figure at $7.6M 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,5031,5451,9572,7533.2%
Indonesia1,7221,0981,532818-22.0%
India4302364235357.6%
South Korea10611885852270.1%
Taiwan (Chinese)1,255931373239-42.5%
Hong Kong SAR94.613.314021731.9%
Japan69412714.232.2-64.1%
Others8336045309936.0%
Total7,6374,6725,8266,109-7.2%

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

  1. China (1863.9K square meters)
  2. Indonesia (350.2K square meters)
  3. India (273.7K square meters)
  4. South Korea (103.8K square meters)
  5. Taiwan (Chinese) (73.9K square meters)
  6. Hong Kong SAR (42.4K square meters)
  7. Japan (13.7K square meters)

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

In 2022, shipments abroad of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses was finally on the rise to reach 29K square meters for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a relatively flat trend pattern. The exports peaked at 30K 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 soared to $31K in 2022. Over the period under review, exports, however, showed a abrupt descent. Over the period under review, the exports of attained the maximum at $50K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'IvoireN/A9.916.924.858.3%
Bangladesh3.75.01.43.4-2.8%
Vietnam35.412.60.30.1-85.9%
Oman0.3N/AN/AN/A0%
Others10.38.74.32.6-36.8%
Total49.736.222.830.9-14.7%

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

  1. Cote d'Ivoire (28.2K square meters)
  2. Bangladesh (0.8K square meters)

Source: IndexBox Market Intelligence Platform

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