Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil - 2024

Contents:

  1. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil (CIF) - 2024
  2. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil (FOB) - 2022
  3. Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil
  4. Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil (CIF) - 2024

The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $4,075 per ton in February 2024, reducing by -28.2% against the previous month. Over the period under review, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 372% m-o-m. As a result, import price reached the peak level of $26,005 per ton. From May 2023 to February 2024, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($22,603 per ton), while the price for China totaled $3,503 per ton.

From March 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (-1.1%).

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil (FOB) - 2022

In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $7,071 per ton, flattening at the previous year. Overall, the export price saw a pronounced setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 7.8% against the previous year. Over the period under review, the average export prices hit record highs at $9,639 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Bolivia ($8,993 per ton) and Argentina ($8,501 per ton), while the average price for exports to Peru ($6,161 per ton) and Paraguay ($8,125 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+4.8%), while the prices for the other major destinations experienced a decline.

Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil

In 2022, the amount of man-made filament yarn (other than sewing thread), put up for retail sale imported into Brazil soared to 460 tons, picking up by 86% on 2021. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 168%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale surged to $2.7M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 75%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4901,2491,2322,28567.1%
Japan22943733333413.4%
India169N/A8.514.5-55.9%
Others11573.0102103-3.6%
Total1,0041,7591,6752,73639.7%

Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Brazil in 2022:

  1. China (445.6 tons)
  2. Japan (10.5 tons)
  3. India (1.3 tons)

Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil

Exports of man-made filament yarn (other than sewing thread), put up for retail sale from Brazil shrank to 82 tons in 2022, waning by -13.1% against 2021 figures. In general, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 101%. As a result, the exports attained the peak of 95 tons, and then contracted in the following year.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale reduced to $581K in 2022. Over the period under review, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, the exports attained the peak of $672K, and then fell in the following year.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/A73.7227299101.4%
Argentina40.457.981.413649.9%
Paraguay23916124786.1-28.8%
Bolivia62.985.510544.0-11.2%
Others18.26.711.916.5-3.2%
Total36038567258117.3%

Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Brazil in 2022:

  1. Peru (48.5 tons)
  2. Argentina (16.0 tons)
  3. Paraguay (10.6 tons)
  4. Bolivia (4.9 tons)

Source: IndexBox Market Intelligence Platform

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