Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Estonia - 2024

Contents:

1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Estonia (CIF) - 2022
2. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Estonia (FOB) - 2022
3. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Estonia
4. Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Estonia

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Estonia (CIF) - 2022

In 2022, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $0.5 per square meter, picking up by 4% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% 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; from strip or the like, of synthetic textile materialses increased by +91.7% against 2016 indices. The pace of growth appeared the most rapid in 2021 an increase of 31% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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 Finland ($1 per square meter), while the price for Poland ($0.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Estonia (FOB) - 2022

In 2022, the average export price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $1.9 per square meter, picking up by 58% against the previous year. In general, the export price posted a significant increase. The growth pace was the most rapid in 2020 when the average export price increased by 358% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($39 per square meter), while the average price for exports to Latvia ($0.2 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 Russia (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Estonia

In 2022, approx. 2.9M square meters of fabrics, woven; from strip or the like, of synthetic textile materialses were imported into Estonia; with a decrease of -26% against the year before. Over the period under review, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of 4M square meters, and then reduced dramatically in the following year.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses fell rapidly to $1.4M in 2022. In general, imports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 110% against the previous year. As a result, imports reached the peak of $1.8M, and then dropped significantly in the following year.

Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Estonia in 2022:

1. Poland (888.0K square meters)
2. India (811.3K square meters)
3. Czech Republic (425.8K square meters)
4. Lithuania (263.5K square meters)
5. Finland (236.0K square meters)
6. Turkey (143.8K square meters)
7. Latvia (55.2K square meters)
8. Ukraine (48.6K square meters)

Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Estonia

In 2022, exports of fabrics, woven; from strip or the like, of synthetic textile materialses from Estonia skyrocketed to 203K square meters, jumping by 109% on the previous year's figure. In general, exports, however, showed a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 313,474% against the previous year. Over the period under review, the exports of fabrics, woven; from strip or like, of synthetic textile materialses reached the maximum at 484K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses soared to $379K in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 570,730%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from Estonia in 2022:

1. Sweden (188.3K square meters)
2. Norway (8.4K square meters)
3. Italy (3.2K square meters)
4. Latvia (2.2K square meters)

Source: IndexBox Market Intelligence Platform