Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in China - 2023

Contents:

1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in China (FOB) - 2023
2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in China (CIF) - 2022
3. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in China
4. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in China

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in China (FOB) - 2023

The average export price for tents of textile materials other than cotton or synthetic fibreses stood at $3,635 per ton in December 2023, therefore, remained relatively stable against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 41% against the previous month. Over the period under review, the average export prices attained the maximum at $4,376 per ton in October 2023; however, from November 2023 to December 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($8,314 per ton), while the average price for exports to Lithuania ($1,287 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in China (CIF) - 2022

In 2022, the average import price for tents of textile materials other than cotton or synthetic fibreses amounted to $17,003 per ton, increasing by 17% against the previous year. Overall, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 77%. As a result, import price attained the peak level of $20,011 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 Germany ($164,957 per ton), while the price for Thailand ($8,787 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+35.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in China

For the fourth consecutive year, China recorded growth in shipments abroad of tents of textile materials other than cotton or synthetic fibreses, which increased by 4.3% to 47K tons in 2022. The total export volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses rose significantly to $186M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 36% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from China in 2022:

1. United States (17.4K tons)
2. Canada (5.7K tons)
3. Mexico (3.6K tons)
4. Germany (2.7K tons)
5. Denmark (2.5K tons)
6. Lithuania (1.6K tons)
7. United Kingdom (1.6K tons)
8. Netherlands (1.4K tons)
9. South Korea (1.3K tons)
10. Japan (0.9K tons)
11. Australia (0.8K tons)

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in China

In 2022, supplies from abroad of tents of textile materials other than cotton or synthetic fibreses decreased by -52.5% to 37 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 247%. As a result, imports reached the peak of 78 tons, and then shrank notably in the following year.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses fell notably to $633K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 155% against the previous year.

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to China in 2022:

1. United States (7.6 tons)
2. Netherlands (5.7 tons)
3. South Korea (4.0 tons)
4. Pakistan (3.4 tons)
5. Australia (0.9 tons)
6. Thailand (0.9 tons)
7. Spain (0.8 tons)
8. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform