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

Contents:

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

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

The average import price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.8 per square meter in 2022, rising by 14% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 47% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($3.3 per square meter), while the price for India ($0.4 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+22.2%), 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 Ireland (FOB) - 2022

In 2022, the average export price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $0.8 per square meter, growing by 43% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fabrics, woven; from strip or the like, of synthetic textile materialses increased by +56.4% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1.5 per square meter), while the average price for exports to the UK totaled $0.8 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+22.0%), 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 Ireland

After two years of decline, purchases abroad of fabrics, woven; from strip or the like, of synthetic textile materialses increased by 21% to 4.3M square meters in 2022. In general, imports, however, showed a deep contraction. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses attained the peak figure at 5.8M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses soared to $3.6M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses attained the peak figure in 2022 and are expected to retain growth in the near future.

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

1. India (1837.7K square meters)
2. Greece (1524.6K square meters)
3. China (336.4K square meters)
4. Germany (311.4K square meters)
5. United Kingdom (256.1K square meters)

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

In 2022, shipments abroad of fabrics, woven; from strip or the like, of synthetic textile materialses decreased by -31.6% to 271K square meters for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 447% against the previous year. The exports peaked at 396K square meters in 2021, and then fell dramatically in the following year.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses dropped slightly to $227K in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 369%. Over the period under review, the exports of fabrics, woven; from strip or like, of synthetic textile materialses hit record highs at $231K in 2021, and then dropped in the following year.

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

1. United Kingdom (265.0K square meters)
2. United States (4.0K square meters)

Source: IndexBox Market Intelligence Platform