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

Contents:

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

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

In 2022, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $0.4 per square meter, surging by 8.2% against the previous year. Over the last decade, it increased at an average annual rate of +5.5%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $0.4 per square meter. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($0.4 per square meter) and China ($0.4 per square meter), while the price for Italy ($0.4 per square meter) and the UK ($0.4 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.9%), 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 Israel (FOB) - 2022

The average export price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.6 per square meter in 2022, increasing by 12% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 +52.9% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 31% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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 Philippines ($0.8 per square meter), while the average price for exports to Brazil stood at $0.5 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+11.9%), 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 Israel

In 2022, supplies from abroad of fabrics, woven; from strip or the like, of synthetic textile materialses increased by 9.2% to 9.5M square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a perceptible curtailment. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses reached the peak figure at 11M 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 skyrocketed to $3.7M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Turkey (2.8M square meters)
2. China (2.4M square meters)
3. United Kingdom (1.7M square meters)
4. India (0.8M square meters)
5. Greece (0.6M square meters)
6. Spain (0.5M square meters)
7. Taiwan (Chinese) (0.2M square meters)
8. Belgium (0.2M square meters)

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

In 2022, overseas shipments of fabrics, woven; from strip or the like, of synthetic textile materialses decreased by -8.2% to 192K square meters, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 257% against the previous year. As a result, the exports reached the peak of 221K square meters. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses rose modestly to $109K in 2022. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 322%. The exports peaked in 2022 and are likely to see steady growth in the near future.

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

1. Brazil (161.2K square meters)
2. Philippines (31.0K square meters)

Source: IndexBox Market Intelligence Platform