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

Contents:

1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Ukraine (CIF) - 2024
2. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Ukraine (FOB) - 2022
3. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Ukraine
4. Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Ukraine

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Ukraine (CIF) - 2024

In March 2024, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $2.9 per square meter, stabilizing at the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2024 an increase of 17% m-o-m. Over the period under review, average import prices hit record highs in March 2024.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Poland ($9.2 per square meter), while the price for Vietnam ($1.5 per square meter) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Turkey (+4.5%), 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 Ukraine (FOB) - 2022

The average export price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.4 per square meter in 2022, flattening at the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 an increase of 44% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($0.5 per square meter), while the average price for exports to Moldova ($0.2 per square meter) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+21.9%), 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 Ukraine

In 2022, imports of fabrics, woven; from strip or the like, of synthetic textile materialses into Ukraine expanded to 33M square meters, with an increase of 1.5% against 2021 figures. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.5% 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 +83.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47%. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses fell slightly to $11M in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 77% against the previous year. As a result, imports attained the peak of $11M, and then shrank slightly in the following year.

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

1. Romania (12.7M square meters)
2. Turkmenistan (6.7M square meters)
3. India (3.5M square meters)
4. Serbia (3.4M square meters)
5. Turkey (2.6M square meters)
6. China (1.2M square meters)
7. Czech Republic (0.9M square meters)
8. Poland (0.4M square meters)

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

For the third year in a row, Ukraine recorded decline in overseas shipments of fabrics, woven; from strip or the like, of synthetic textile materialses, which decreased by -69.5% to 264K square meters in 2022. In general, exports saw a sharp contraction. The smallest decline of -28% was in 2021. Over the period under review, the exports of fabrics, woven; from strip or like, of synthetic textile materialses hit record highs at 2.4M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses reduced dramatically to $101K in 2022. Overall, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 3.6%. The exports peaked at $700K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. United Kingdom (132.4K square meters)
2. Estonia (85.7K square meters)
3. Moldova (44.3K square meters)

Source: IndexBox Market Intelligence Platform