Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK - 2024
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK (CIF) - 2024
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK (FOB) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK (CIF) - 2024
In December 2023, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $15,025 per ton, with an increase of 3.7% against the previous month. Over the period under review, the import price saw a measured increase. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 250% m-o-m. As a result, import price reached the peak level of $22,649 per ton. From April 2023 to December 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($68,400 per ton), while the price for China ($4,627 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+15.4%), while the prices for the other major suppliers experienced a decline.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK (FOB) - 2022
In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $10,857 per ton, surging by 81% against the previous year. Overall, the export price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2018 an increase of 118% against the previous year. Over the period under review, the average export prices reached the peak figure at $38,553 per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 the Netherlands ($57,533 per ton), while the average price for exports to Turkey ($306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK
In 2022, supplies from abroad of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -49.3% to 369 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale fell dramatically to $2.4M in 2022. In general, imports showed a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 48%. As a result, imports reached the peak of $5.8M, and then dropped notably in the following year.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.0 | 2.5 | 5.0 | 1.8 | -3.5% |
| Turkey | 0.7 | 1.1 | 0.5 | 0.4 | -17.0% |
| Others | 0.5 | 0.4 | 0.2 | 0.1 | -41.5% |
| Total | 3.2 | 3.9 | 5.8 | 2.4 | -9.1% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to the UK in 2022:
- China (285.3 tons)
- Turkey (76.4 tons)
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK
In 2022, after three years of growth, there was significant decline in shipments abroad of man-made filament yarn (other than sewing thread), put up for retail sale, when their volume decreased by -26.3% to 14 tons. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 47% against the previous year.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale plummeted to $157K in 2022. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 51%. As a result, the exports reached the peak of $387K. 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 the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 50.3 | 64.3 | 77.8 | 103 | 27.0% |
| India | 9.4 | 21.0 | 40.4 | 19.5 | 27.5% |
| Poland | 7.3 | 2.9 | 11.6 | 8.7 | 6.0% |
| United States | 34.0 | 108 | 46.2 | 5.2 | -46.5% |
| Germany | 8.0 | 5.1 | 1.4 | 3.0 | -27.9% |
| Netherlands | 48.9 | 68.0 | 26.1 | 1.7 | -67.4% |
| Turkey | N/A | N/A | 1.4 | 0.4 | -71.4% |
| Bulgaria | N/A | N/A | 12.2 | N/A | 0% |
| Gibraltar | N/A | 6.7 | 1.9 | N/A | -71.6% |
| France | 22.4 | 12.4 | 1.5 | N/A | -74.1% |
| Finland | 4.0 | 6.2 | N/A | N/A | 55.0% |
| Bangladesh | 7.3 | 13.1 | 14.9 | N/A | 42.9% |
| Others | 65.0 | 79.4 | 21.6 | 16.2 | -37.1% |
| Total | 257 | 387 | 257 | 157 | -15.1% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from the UK in 2022:
- Ireland (9.7 tons)
- India (1.5 tons)
- Turkey (1.4 tons)
- United States (0.3 tons)
- Poland (0.2 tons)
- Germany (0.2 tons)
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