Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Vietnam - 2022
Contents:
- Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Vietnam (CIF) - 2022
- Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Vietnam (FOB) - 2022
- Imports of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Vietnam
- Exports of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Vietnam
Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Vietnam (CIF) - 2022
The average import price for fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn stood at $2.5 per square meter in 2022, surging by 13% against the previous year. Overall, the import price, however, recorded a mild downturn. Over the period under review, average import prices hit record highs at $3.2 per square meter in 2014; however, from 2015 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 countries with the highest prices were India ($2.6 per square meter) and Taiwan (Chinese) ($2.6 per square meter), while the price for China ($2.6 per square meter) and South Korea ($2.6 per square meter) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.2%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Vietnam (FOB) - 2022
The average export price for fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn stood at $2.5 per square meter in 2022, declining by -49.2% against the previous year. Over the period under review, the export price, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices hit record highs at $5.1 per square meter in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
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 Singapore ($24 per square meter), while the average price for exports to South Africa ($852 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 Myanmar (+19.8%), 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 Vietnam
In 2022, supplies from abroad of fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn decreased by -29.5% to 6.5M square meters, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. As a result, imports reached the peak of 11M square meters. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn dropped rapidly to $17M in 2022. In general, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. As a result, imports reached the peak of $24M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.3 | 19.7 | 18.6 | 14.9 | -0.9% |
| South Korea | 3.1 | 2.8 | 1.4 | 0.7 | -39.1% |
| India | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Others | 1.5 | 1.1 | 0.6 | 0.6 | -26.3% |
| Total | 19.9 | 23.7 | 20.8 | 16.5 | -6.1% |
Top Suppliers of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn to Vietnam in 2022:
- China (5.8M square meters)
- South Korea (0.3M square meters)
- India (0.1M square meters)
Exports of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Vietnam
In 2022, exports of fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn from Vietnam soared to 60K square meters, jumping by 95% on the previous year. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 149%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn declined to $147K in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 108% against the previous year. As a result, the exports attained the peak of $181K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 32.4 | 0% |
| Philippines | 9.2 | 12.7 | 16.4 | 21.7 | 33.1% |
| Cambodia | 0.2 | 0.9 | 3.6 | 12.1 | 292.6% |
| United Kingdom | 3.7 | 5.5 | 7.8 | 9.6 | 37.4% |
| Indonesia | 0.4 | 14.2 | 14.5 | 4.5 | 124.1% |
| Hong Kong SAR | 17.8 | 17.5 | 3.6 | 4.4 | -37.2% |
| Myanmar | 1.4 | 3.7 | 4.1 | 3.8 | 39.5% |
| South Korea | 7.7 | 17.4 | 6.3 | 3.6 | -22.4% |
| Others | 47.0 | 109 | 92.2 | 55.3 | 5.6% |
| Total | 87.3 | 181 | 148 | 147 | 19.0% |
Top Export Markets for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn from Vietnam in 2022:
- South Africa (38.0K square meters)
- Cambodia (5.2K square meters)
- Philippines (4.2K square meters)
- Myanmar (3.1K square meters)
- South Korea (1.8K square meters)
- Indonesia (1.5K square meters)
- United Kingdom (1.1K square meters)
- Hong Kong SAR (0.7K square meters)
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