Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in the Philippines - 2024
Contents:
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in the Philippines (CIF) - 2022
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in the Philippines (FOB) - 2022
- Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in the Philippines
- Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in the Philippines
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in the Philippines (CIF) - 2022
In 2022, the average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $1.5 per square meter, shrinking by -3.2% against the previous year. Over the period under review, the import price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2018 an increase of 69% against the previous year. Over the period under review, average import prices reached the maximum at $1.5 per square meter in 2021, and then declined slightly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($1.5 per square meter) and Japan ($1.5 per square meter), while the price for South Korea ($1.5 per square meter) and Turkey ($1.5 per square meter) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.0%), 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 the Philippines (FOB) - 2022
The average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $1.7 per square meter in 2022, shrinking by -55.9% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 153%. Over the period under review, the average export prices attained the peak figure at $4 per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +3.2% per year.
Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in the Philippines
In 2022, approx. 3.1M square meters of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses were imported into the Philippines; picking up by 41% on the previous year's figure. In general, imports saw a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by 121% against the previous year. As a result, imports reached the peak of 5.6M square meters. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses skyrocketed to $4.6M in 2022. Over the period under review, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 167%. As a result, imports reached the peak of $8.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,205 | 2,919 | 1,844 | 3,013 | 11.0% |
| Japan | 249 | 4,773 | 346 | 594 | 33.6% |
| Vietnam | 4.5 | 47.4 | 491 | 546 | 395.1% |
| South Korea | 216 | 103 | 65.2 | 137 | -14.1% |
| Turkey | 42.8 | 59.4 | 63.4 | 94.7 | 30.3% |
| Taiwan (Chinese) | 20.4 | 154 | 175 | 78.0 | 56.4% |
| Others | 353 | 195 | 399 | 153 | -24.3% |
| Total | 3,091 | 8,251 | 3,384 | 4,615 | 14.3% |
Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to the Philippines in 2022:
- China (2036.4K square meters)
- Japan (401.5K square meters)
- Vietnam (369.0K square meters)
- South Korea (92.5K square meters)
- Turkey (64.0K square meters)
- Taiwan (Chinese) (52.7K square meters)
Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in the Philippines
In 2022, overseas shipments of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses decreased by -54.2% to 2.5K square meters, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 956%. As a result, the exports reached the peak of 192K square meters. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses reduced sharply to $4.3K in 2022. In general, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 998%. As a result, the exports reached the peak of $300K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 4.2 | 0% |
| Cambodia | N/A | 26.0 | 2.7 | 0.1 | -93.8% |
| South Korea | N/A | 31.3 | N/A | N/A | 0% |
| Thailand | 11.1 | N/A | N/A | N/A | 0% |
| Papua New Guinea | 4.5 | N/A | N/A | N/A | 0% |
| Vietnam | 3.2 | 230 | N/A | N/A | 7087.5% |
| France | N/A | 12.2 | 5.8 | N/A | -52.5% |
| Others | 8.5 | 1.0 | 12.7 | N/A | 22.2% |
| Total | 27.3 | 300 | 21.3 | 4.3 | -46.0% |
Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from the Philippines in 2022:
- United States (2422.0 square meters)
- Cambodia (23.0 square meters)
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