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

Contents:

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

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

The average import price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.5 per square meter in 2022, picking up by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1.8 per square meter), while the price for Turkey ($0.3 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 Netherlands (+9.5%), 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 Italy (FOB) - 2022

In 2022, the average export price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $1.2 per square meter, picking up by 14% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +47.4% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 31% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($2.2 per square meter), while the average price for exports to Uruguay ($0.3 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 Hungary (+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 Italy

In 2022, the amount of fabrics, woven; from strip or the like, of synthetic textile materialses imported into Italy stood at 112M square meters, increasing by 13% against 2021. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses skyrocketed to $56M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece4.42.83.121.168.6%
Spain5.65.96.85.1-3.1%
India2.02.34.34.833.9%
Czech Republic3.32.55.54.39.2%
Belgium1.81.83.84.333.7%
China2.52.23.43.612.9%
Turkey2.31.82.62.2-1.5%
Others10.07.914.511.03.2%
Total32.027.344.056.520.9%

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

  1. Greece (36.1M square meters)
  2. India (13.8M square meters)
  3. Spain (10.7M square meters)
  4. Belgium (10.6M square meters)
  5. Czech Republic (9.3M square meters)
  6. China (9.3M square meters)
  7. Turkey (7.3M square meters)

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

In 2022, approx. 41M square meters of fabrics, woven; from strip or the like, of synthetic textile materialses were exported from Italy; with a decrease of -22.7% against the previous year. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 13%. Over the period under review, the exports of fabrics, woven; from strip or like, of synthetic textile materialses reached the peak figure at 54M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses declined to $48M in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. As a result, the exports attained the peak of $54M, and then shrank in the following year.

Export of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6.15.78.38.511.7%
Netherlands4.24.76.24.1-0.8%
Germany2.93.64.13.910.4%
Belgium2.52.95.03.28.6%
Spain1.51.22.52.417.0%
Morocco1.00.82.12.230.1%
United Kingdom1.40.92.21.910.7%
Switzerland1.41.31.71.52.3%
Romania1.71.21.51.3-8.6%
Hungary0.30.50.61.154.2%
Austria0.60.60.80.75.3%
Mexico1.11.21.50.6-18.3%
Uruguay0.10.20.50.344.2%
Others16.111.917.416.30.4%
Total40.936.854.348.05.5%

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

  1. France (7.8M square meters)
  2. Netherlands (5.5M square meters)
  3. Germany (4.3M square meters)
  4. Belgium (3.4M square meters)
  5. Morocco (3.0M square meters)
  6. Spain (2.2M square meters)
  7. Romania (1.3M square meters)
  8. Switzerland (1.0M square meters)
  9. Uruguay (0.9M square meters)
  10. United Kingdom (0.9M square meters)
  11. Mexico (0.8M square meters)
  12. Austria (0.7M square meters)
  13. Hungary (0.7M square meters)

Source: IndexBox Market Intelligence Platform

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