Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in China - 2024
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in China (FOB) - 2024
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in China (CIF) - 2022
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in China
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in China
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in China (FOB) - 2024
In December 2023, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $3,521 per ton, falling by -13.6% against the previous month. Overall, the export price showed a slight slump. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 28% month-to-month. As a result, the export price attained the peak level of $5,270 per ton. From April 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($8,521 per ton), while the average price for exports to India ($1,345 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in China (CIF) - 2022
The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $23,946 per ton in 2022, falling by -12.6% against the previous year. In general, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 152% against the previous year. The import price peaked at $33,235 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($66,001 per ton), while the price for Taiwan (Chinese) ($14,214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in China
After three years of growth, overseas shipments of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -11.9% to 17K tons in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 10%.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale reduced to $88M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 27%. As a result, the exports reached the peak of $93M, and then declined in the following year.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.8 | 23.6 | 28.9 | 25.4 | -5.2% |
| Netherlands | 2.9 | 5.6 | 8.9 | 8.1 | 40.8% |
| Germany | 3.3 | 5.0 | 5.1 | 6.2 | 23.4% |
| Ethiopia | N/A | 0.2 | 2.5 | 5.7 | 433.9% |
| South Korea | 2.2 | 1.8 | 3.6 | 4.1 | 23.1% |
| Slovenia | 0.4 | 0.6 | 1.5 | 3.6 | 108.0% |
| Canada | 3.8 | 3.3 | 4.3 | 2.2 | -16.7% |
| Pakistan | 0.4 | 0.4 | 0.8 | 1.9 | 68.1% |
| Vietnam | 0.8 | 0.6 | 1.4 | 1.9 | 33.4% |
| Thailand | 0.6 | 1.1 | 0.8 | 1.8 | 44.2% |
| Ghana | 2.2 | 2.0 | 2.5 | 1.5 | -12.0% |
| Tanzania | 1.2 | 1.0 | 1.2 | 1.2 | 0.0% |
| India | 3.8 | 1.0 | 1.9 | 0.9 | -38.1% |
| Others | 26.3 | 27.0 | 29.2 | 23.4 | -3.8% |
| Total | 77.8 | 73.2 | 92.7 | 87.8 | 4.1% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from China in 2022:
- Ethiopia (3.3K tons)
- United States (2.0K tons)
- Netherlands (1.6K tons)
- Slovenia (1.2K tons)
- Germany (0.9K tons)
- Pakistan (0.7K tons)
- Ghana (0.6K tons)
- India (0.5K tons)
- Canada (0.4K tons)
- Tanzania (0.4K tons)
- Vietnam (0.4K tons)
- Thailand (0.4K tons)
- South Korea (0.4K tons)
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in China
Imports of man-made filament yarn (other than sewing thread), put up for retail sale into China skyrocketed to 52 tons in 2022, growing by 36% on the previous year. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale surged to $1.2M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 348 | 354 | 366 | 555 | 16.8% |
| South Korea | 198 | 266 | 421 | 365 | 22.6% |
| Italy | 24.3 | 17.8 | 44.2 | 65.9 | 39.5% |
| Thailand | 28.2 | 24.4 | 21.7 | 21.7 | -8.4% |
| Taiwan (Chinese) | 2.0 | 15.2 | 6.4 | 20.6 | 117.6% |
| Others | 94.8 | 53.4 | 188 | 216 | 31.6% |
| Total | 696 | 731 | 1,047 | 1,245 | 21.4% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to China in 2022:
- Japan (27.9 tons)
- South Korea (18.1 tons)
- Taiwan (Chinese) (1.4 tons)
- Thailand (1.2 tons)
- Italy (1.0 tons)
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