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

Contents:

1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Israel (CIF) - 2024
2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Israel (FOB) - 2022
3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Israel
4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Israel

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

In February 2024, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $4.1 per square meter, remaining constant against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in November 2023 an increase of 25% against the previous month. Over the period under review, average import prices attained the peak figure at $4.3 per square meter in May 2023; however, from June 2023 to February 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Turkey ($4.4 per square meter), while the price for the United States ($2.6 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 Germany (+2.8%), 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 Israel (FOB) - 2022

The average export price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $4.5 per square meter in 2022, jumping by 38% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for textile fabrics, rubberised; other than those of heading no. 5902s increased by +52.7% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($4.6 per square meter) and the United Arab Emirates ($4.6 per square meter), while the average price for exports to the United States ($4.2 per square meter) and Italy ($4.6 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+49.1%), 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 Israel

In 2022, purchases abroad of textile fabrics, rubberised; other than those of heading no. 5902s decreased by -7.8% to 5.1M square meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 112% against the previous year. Over the period under review, imports of attained the maximum at 5.6M square meters in 2021, and then reduced in the following year.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s contracted slightly to $20M in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 144%. Imports peaked at $20M in 2021, and then fell slightly in the following year.

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

1. Italy (3659.3K square meters)
2. Germany (962.9K square meters)
3. United States (163.3K square meters)
4. China (119.9K square meters)
5. Turkey (117.7K square meters)
6. India (2.7K square meters)

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

In 2022, overseas shipments of textile fabrics, rubberised; other than those of heading no. 5902s decreased by -97.4% to 6.7K square meters for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 4,290%. Over the period under review, the exports of hit record highs at 255K square meters in 2021, and then reduced remarkably in the following year.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s contracted dramatically to $30K in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 2,900%. The exports peaked at $828K in 2021, and then reduced rapidly in the following year.

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

1. Hungary (3070.0 square meters)
2. United States (1685.0 square meters)
3. Portugal (658.0 square meters)
4. Italy (439.0 square meters)
5. Guatemala (439.0 square meters)
6. Australia (219.0 square meters)
7. United Arab Emirates (219.0 square meters)

Source: IndexBox Market Intelligence Platform