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

Contents:

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

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

The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $6,654 per ton in 2022, which is down by -11.7% against the previous year. Over the period under review, the import price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2018 an increase of 135% against the previous year. Over the period under review, average import prices attained the maximum at $17,826 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($25,810 per ton), while the price for Indonesia ($423 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $7,937 per ton in 2022, with an increase of 9% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 109%. As a result, the export price reached the peak level of $24,234 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($16,214 per ton), while the average price for exports to Egypt totaled $7,266 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of man-made filament yarn (other than sewing thread), put up for retail sale into Sri Lanka soared to 15 tons, increasing by 27% against the year before. In general, imports, however, saw a abrupt shrinkage.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale totaled $106K in 2022. Over the period under review, imports, however, recorded a significant contraction.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.534.111.841.1201.5%
Pakistan34.733.954.739.04.0%
Italy31.048.17.07.5-37.7%
Vietnam5.75.31.61.9-30.7%
Taiwan (Chinese)12.38.82.11.8-47.3%
India61.73.94.61.6-70.4%
Indonesia0.30.20.1N/A-42.3%
Others10618.817.113.1-50.2%
Total25415398.9106-25.3%

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

  1. China (9.9 tons)
  2. Pakistan (1.7 tons)
  3. India (1.0 tons)
  4. Vietnam (0.7 tons)
  5. Italy (0.5 tons)
  6. Taiwan (Chinese) (0.4 tons)
  7. Indonesia (0.1 tons)

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

In 2022, exports of man-made filament yarn (other than sewing thread), put up for retail sale from Sri Lanka expanded remarkably to 1.7 tons, picking up by 15% on 2021 figures. Overall, exports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by 131% against the previous year. As a result, the exports attained the peak of 5.6 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale dropped markedly to $13K in 2022. Over the period under review, exports, however, recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 25%. As a result, the exports attained the peak of $36K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/AN/A11.40%
Taiwan (Chinese)7.14.218.81.4-41.8%
Nigeria1.412.3N/AN/A778.6%
Jordan16.1N/AN/AN/A0%
Sweden3.12.3N/AN/A-25.8%
India0.616.5N/AN/A2650.0%
Others0.60.63.00.5-5.9%
Total28.836.021.913.3-22.7%

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

  1. Egypt (1566.0 kg)
  2. Taiwan (Chinese) (84.0 kg)

Source: IndexBox Market Intelligence Platform

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