Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Philippines - 2024
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Philippines (FOB) - 2022
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Philippines (CIF) - 2022
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Philippines
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Philippines
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Philippines (FOB) - 2022
The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $74,456 per ton in 2022, with an increase of 33% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 112% against the previous year. The export price peaked at $119,263 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +29.5% per year.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Philippines (CIF) - 2022
In 2022, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $13,953 per ton, picking up by 438% against the previous year. Over the period under review, the import price showed a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 638%. The import price peaked at $17,543 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($19,263 per ton), while the price for Taiwan (Chinese) ($871 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+123.5%), 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 the Philippines
In 2022, the amount of man-made filament yarn (other than sewing thread), put up for retail sale exported from the Philippines skyrocketed to 896 kg, rising by 106% against 2021. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 18,200% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale surged to $67K in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 740,700% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 14.5 | 23.4 | 66.5 | 114.2% |
| Thailand | N/A | 0.2 | N/A | 0.1 | -29.3% |
| Estonia | N/A | N/A | 0.7 | N/A | 0% |
| Others | N/A | 0.2 | 0.3 | N/A | 50.0% |
| Total | N/A | 14.8 | 24.5 | 66.6 | 112.1% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from the Philippines in 2022:
- France (889.0 kg)
- Thailand (4.0 kg)
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Philippines
In 2022, after two years of decline, there was significant growth in overseas purchases of man-made filament yarn (other than sewing thread), put up for retail sale, when their volume increased by 77% to 8 tons. Overall, imports, however, continue to indicate a precipitous slump.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale rose remarkably to $20K in 2022. Over the period under review, imports, however, continue to indicate a significant decrease.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 233 | 6.7 | 3.7 | 11.9 | -62.9% |
| Taiwan (Chinese) | N/A | 0.2 | 0.6 | 5.9 | 443.1% |
| China | 7.0 | 4.8 | 8.3 | 2.1 | -33.1% |
| South Korea | 8.2 | 5.3 | 0.1 | N/A | -89.0% |
| Japan | 822 | 161 | 3.1 | N/A | -93.9% |
| Vietnam | 16.9 | N/A | N/A | N/A | 0% |
| Others | 19.3 | 6.1 | 3.0 | N/A | -60.6% |
| Total | 1,107 | 184 | 18.7 | 19.9 | -73.8% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to the Philippines in 2022:
- Taiwan (Chinese) (6.8 tons)
- China (0.6 tons)
- Hong Kong SAR (0.6 tons)
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