Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in China - 2024
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in China (FOB) - 2024
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in China (CIF) - 2024
- Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in China
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in China
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in China (FOB) - 2024
The average export price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $1.6 per square meter in April 2024, falling by -28.9% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2024 an increase of 38% m-o-m. As a result, the export price attained the peak level of $2.3 per square meter, and then fell markedly in the following month.
There were significant differences in the average prices for the major foreign markets. In April 2024, the country with the highest price was Thailand ($3.0 per square meter), while the average price for exports to South Africa ($714 per thousand square meters) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in China (CIF) - 2024
In April 2024, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $3.5 per square meter, falling by -13.6% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 21% month-to-month. As a result, import price attained the peak level of $4.1 per square meter. From June 2023 to April 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Germany ($5.4 per square meter), while the price for Vietnam ($806 per thousand square meters) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in China
In 2022, the amount of textile fabrics, rubberised; other than those of heading no. 5902s exported from China contracted to 156M square meters, approximately mirroring 2021. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of 158M square meters, and then dropped slightly in the following year.
In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s rose remarkably to $236M in 2022. The total export value increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 32% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 20.2 | 14.3 | 26.7 | 26.4 | 9.3% |
United States | 17.7 | 11.7 | 15.0 | 21.8 | 7.2% |
Vietnam | 18.8 | 16.2 | 22.8 | 19.5 | 1.2% |
Indonesia | 9.0 | 6.2 | 13.7 | 11.4 | 8.2% |
Thailand | 7.0 | 4.9 | 9.2 | 10.1 | 13.0% |
Philippines | 2.7 | 8.9 | 5.5 | 7.6 | 41.2% |
Pakistan | 2.5 | 1.9 | 3.3 | 5.9 | 33.1% |
Turkey | 7.3 | 6.9 | 5.4 | 5.8 | -7.4% |
Brazil | 3.1 | 4.0 | 3.9 | 5.4 | 20.3% |
Japan | 5.4 | 5.1 | 5.5 | 5.2 | -1.3% |
Russia | 2.9 | 3.8 | 4.6 | 4.1 | 12.2% |
United Kingdom | 6.0 | 4.2 | 5.5 | 3.8 | -14.1% |
United Arab Emirates | 2.4 | 2.0 | 3.1 | 3.6 | 14.5% |
Others | 78.8 | 74.3 | 93.2 | 105 | 10.0% |
Total | 184 | 164 | 217 | 236 | 8.7% |
Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from China in 2022:
- India (25.7M square meters)
- United States (11.4M square meters)
- Vietnam (10.3M square meters)
- Indonesia (7.0M square meters)
- Turkey (6.0M square meters)
- Pakistan (5.7M square meters)
- Thailand (4.7M square meters)
- Philippines (4.4M square meters)
- United Kingdom (3.5M square meters)
- Brazil (3.4M square meters)
- Japan (3.3M square meters)
- Russia (3.3M square meters)
- United Arab Emirates (3.1M square meters)
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in China
In 2022, the amount of textile fabrics, rubberised; other than those of heading no. 5902s imported into China declined to 27M square meters, falling by -12.2% on the previous year's figure. Overall, imports saw a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of 31M square meters, and then fell in the following year.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s contracted to $97M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports reached the peak of $113M, and then dropped in the following year.
Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 31.9 | 36.2 | 38.8 | 26.5 | -6.0% |
South Korea | 15.6 | 13.7 | 18.1 | 16.5 | 1.9% |
Taiwan (Chinese) | 11.8 | 8.6 | 10.5 | 11.9 | 0.3% |
Thailand | 4.3 | 5.4 | 8.5 | 8.0 | 23.0% |
Japan | 9.8 | 8.8 | 8.3 | 7.0 | -10.6% |
Belgium | 2.1 | 2.5 | 4.8 | 6.9 | 48.7% |
United Kingdom | 3.4 | 4.1 | 7.0 | 5.4 | 16.7% |
United States | 4.5 | 4.7 | 7.8 | 5.2 | 4.9% |
Vietnam | N/A | 0.2 | N/A | 1.3 | 155.0% |
Indonesia | 0.5 | 0.7 | 0.6 | 0.8 | 17.0% |
Others | 6.5 | 6.6 | 9.0 | 7.3 | 3.9% |
Total | 90.5 | 91.4 | 113 | 96.8 | 2.3% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to China in 2022:
- South Korea (7.1M square meters)
- Germany (6.8M square meters)
- Taiwan (Chinese) (3.6M square meters)
- Thailand (2.3M square meters)
- Vietnam (1.6M square meters)
- United States (1.1M square meters)
- Japan (1.1M square meters)
- Belgium (1.1M square meters)
- Indonesia (0.6M square meters)
- United Kingdom (0.6M square meters)
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