Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Sri Lanka - 2022

Contents:

  1. Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Sri Lanka (CIF) - 2022
  2. Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Sri Lanka (FOB) - 2022
  3. Imports of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Sri Lanka
  4. Exports of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Sri Lanka

Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Sri Lanka (CIF) - 2022

In 2022, the average import price for fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn amounted to $1.8 per square meter, reducing by -14.5% against the previous year. Overall, the import price showed a noticeable setback. The most prominent rate of growth was recorded in 2021 an increase of 33%. The import price peaked at $2.7 per square meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1.8 per square meter), while the price for India ($1.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.1%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Sri Lanka (FOB) - 2022

In 2022, the average export price for fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn amounted to $2.8 per square meter, picking up by 136% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. Over the period under review, the average export prices reached the peak figure at $6.6 per square meter in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 Indonesia ($8.8 per square meter), while the average price for exports to Lebanon ($881 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Sri Lanka

After two years of decline, purchases abroad of fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn increased by 12% to 64K square meters in 2022. Over the period under review, imports, however, recorded a sharp reduction. Imports peaked at 485K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn declined slightly to $113K in 2022. Overall, imports, however, showed a sharp downturn. The smallest decline of -4.3% was in 2021. Over the period under review, imports of attained the peak figure at $688K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China57811210081.1-48.0%
India69.87.312.525.9-28.1%
Others40.64.95.66.2-46.5%
Total688124118113-45.2%

Top Suppliers of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn to Sri Lanka in 2022:

  1. China (45.6K square meters)
  2. India (17.1K square meters)

Exports of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Sri Lanka

In 2022, the amount of fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn exported from Sri Lanka skyrocketed to 12K square meters, growing by 44% compared with 2021. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,071% against the previous year. As a result, the exports attained the peak of 15K square meters. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn soared to $35K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 272% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Export of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia2.50.82.314.680.1%
Lebanon3.84.46.07.123.2%
United Kingdom1.41.51.54.244.2%
India0.1N/AN/A4.1244.8%
OmanN/AN/AN/A4.00%
United Arab Emirates0.70.40.30.5-10.6%
ChinaN/A7.5N/AN/A0%
VietnamN/A7.4N/AN/A0%
PakistanN/A7.8N/AN/A0%
Others0.32.4N/A0.2-12.6%
Total8.732.210.234.758.6%

Top Export Markets for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn from Sri Lanka in 2022:

  1. Lebanon (8.0K square meters)
  2. Indonesia (1.7K square meters)
  3. India (0.9K square meters)
  4. United Kingdom (0.9K square meters)
  5. Oman (0.5K square meters)
  6. United Arab Emirates (0.3K square meters)

Source: IndexBox Market Intelligence Platform

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