Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Austria - 2024

Contents:

1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Austria (CIF) - 2024
2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Austria (FOB) - 2024
3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Austria
4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Austria

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Austria (CIF) - 2024

The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $2.1 per square meter in February 2024, reducing by -39.8% against the previous month. Over the period under review, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in January 2024 an increase of 57% m-o-m. As a result, import price attained the peak level of $3.4 per square meter, and then reduced sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was China ($12.2 per square meter), while the price for South Korea ($1.4 per square meter) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Austria (FOB) - 2024

In February 2024, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $12.8 per square meter, surging by 245% against the previous month. In general, the export price continues to indicate a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($21.6 per square meter), while the average price for exports to India ($4.8 per square meter) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Austria

In 2022, after three years of growth, there was decline in overseas purchases of textile fabrics, rubberised; other than those of heading no. 5902s, when their volume decreased by -1.8% to 9.6M square meters. The total import volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 23%. Over the period under review, imports of hit record highs at 9.7M square meters in 2021, and then fell in the following year.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s shrank modestly to $22M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of $23M, and then reduced modestly in the following year.

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Austria in 2022:

1. Germany (3.9M square meters)
2. Netherlands (2.0M square meters)
3. Belgium (1.0M square meters)
4. Czech Republic (0.8M square meters)
5. Italy (0.7M square meters)
6. China (0.3M square meters)
7. South Korea (0.3M square meters)
8. Switzerland (0.2M square meters)

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Austria

In 2022, the amount of textile fabrics, rubberised; other than those of heading no. 5902s exported from Austria soared to 2.2M square meters, growing by 26% against 2021. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s surged to $6.2M in 2022. The total export value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 21%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Austria in 2022:

1. Germany (367.5K square meters)
2. France (318.6K square meters)
3. Hungary (292.1K square meters)
4. Poland (232.0K square meters)
5. Slovakia (190.8K square meters)
6. Romania (133.4K square meters)
7. Italy (106.6K square meters)
8. Slovenia (92.7K square meters)
9. India (87.2K square meters)
10. Czech Republic (45.4K square meters)
11. China (41.1K square meters)

Source: IndexBox Market Intelligence Platform