Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Uruguay - 2023

Contents:

  1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Uruguay (CIF) - 2023
  2. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Uruguay

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Uruguay (CIF) - 2023

The average import price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $2.0 per square meter in December 2023, surging by 8.9% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 17% month-to-month. The import price peaked at $2.2 per square meter in September 2023; however, from October 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($4.4 per square meter), while the price for China ($1.7 per square meter) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by India (-1.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of fabrics, woven; from strip or the like, of synthetic textile materialses, when their volume decreased by -11.3% to 24M square meters. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. Imports peaked at 27M square meters in 2021, and then dropped in the following year.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses shrank to $6.7M in 2022. The total import value increased at an average annual rate of +11.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of $7.2M, and then declined in the following year.

Import of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.41.73.73.231.7%
China2.62.82.32.1-6.9%
Indonesia0.40.50.50.57.7%
Brazil0.20.20.20.314.5%
Others0.30.60.50.626.0%
Total4.95.87.26.711.0%

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

  1. India (12.1M square meters)
  2. China (8.0M square meters)
  3. Indonesia (1.8M square meters)
  4. Brazil (0.6M square meters)

Source: IndexBox Market Intelligence Platform

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