Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the UK - 2024
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the UK (FOB) - 2024
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the UK (CIF) - 2024
- Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the UK
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the UK
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the UK (FOB) - 2024
In February 2024, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $4.9 per square meter, approximately mirroring the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 31% m-o-m. Over the period under review, the average export prices attained the peak figure at $6.0 per square meter in June 2023; however, from July 2023 to February 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($16.3 per square meter), while the average price for exports to Slovenia ($1.2 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 Norway (+3.9%), 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 the UK (CIF) - 2024
In February 2024, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $2.7 per square meter, picking up by 13% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 34% m-o-m. Over the period under review, average import prices hit record highs at $3.0 per square meter in October 2023; however, from November 2023 to February 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($9.8 per square meter), while the price for China ($1.0 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 the United States (+8.8%), 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 the UK
For the third consecutive year, the UK recorded decline in overseas shipments of textile fabrics, rubberised; other than those of heading no. 5902s, which decreased by -2.3% to 16M square meters in 2022. In general, exports recorded a abrupt shrinkage. Over the period under review, the exports of hit record highs at 21M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s expanded sharply to $68M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 21% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.3 | 12.3 | 13.0 | 14.5 | 2.9% |
| Poland | 6.5 | 6.7 | 6.9 | 7.5 | 4.9% |
| Italy | 5.0 | 3.9 | 5.0 | 7.3 | 13.4% |
| China | 3.3 | 4.6 | 6.5 | 5.4 | 17.8% |
| France | 6.9 | 5.0 | 6.2 | 5.3 | -8.4% |
| Norway | 2.4 | 2.9 | 2.1 | 3.5 | 13.4% |
| Netherlands | 1.6 | 1.2 | 1.9 | 2.4 | 14.5% |
| Sweden | 2.3 | 1.9 | 2.1 | 2.3 | 0.0% |
| Brazil | 1.0 | 0.9 | 0.8 | 2.0 | 26.0% |
| Switzerland | 1.3 | 1.1 | 1.8 | 1.8 | 11.5% |
| Denmark | 0.5 | 0.4 | 1.5 | 1.4 | 40.9% |
| Finland | 0.6 | 0.6 | 1.2 | 1.0 | 18.6% |
| Ireland | 1.4 | 1.6 | 0.6 | 0.9 | -13.7% |
| Others | 11.8 | 9.2 | 13.8 | 12.8 | 2.7% |
| Total | 57.9 | 52.4 | 63.3 | 68.3 | 5.7% |
Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from the UK in 2022:
- Germany (3.5M square meters)
- France (1.9M square meters)
- Poland (1.5M square meters)
- Netherlands (1.2M square meters)
- Italy (1.1M square meters)
- Switzerland (0.8M square meters)
- Denmark (0.6M square meters)
- China (0.6M square meters)
- Sweden (0.5M square meters)
- Norway (0.5M square meters)
- Brazil (0.4M square meters)
- Finland (0.4M square meters)
- Ireland (0.4M square meters)
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the UK
Imports of textile fabrics, rubberised; other than those of heading no. 5902s into the UK fell to 16M square meters in 2022, which is down by -8.3% against 2021 figures. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports attained the peak of 18M square meters, and then contracted in the following year.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s amounted to $41M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.3 | 6.7 | 10.4 | 11.0 | 27.6% |
| China | 8.1 | 5.1 | 9.0 | 7.0 | -4.7% |
| Germany | 3.8 | 3.4 | 3.0 | 4.4 | 5.0% |
| Belgium | 0.6 | 0.6 | 0.3 | 3.8 | 85.0% |
| France | 0.7 | 1.9 | 1.4 | 2.8 | 58.7% |
| Sweden | N/A | 1.7 | 0.6 | 2.1 | 11.1% |
| Italy | 0.6 | 0.6 | 1.2 | 1.9 | 46.8% |
| South Korea | 1.8 | 1.0 | 1.3 | 1.6 | -3.9% |
| Spain | 2.8 | 2.7 | 3.6 | 1.5 | -18.8% |
| Japan | 1.1 | 0.5 | 1.0 | 1.1 | 0.0% |
| Netherlands | 1.1 | 2.1 | 3.4 | 0.6 | -18.3% |
| Czech Republic | 0.1 | N/A | N/A | 0.6 | 81.7% |
| Others | 1.8 | 1.7 | 1.8 | 2.1 | 5.3% |
| Total | 27.8 | 28.0 | 36.9 | 40.6 | 13.5% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to the UK in 2022:
- China (6.1M square meters)
- United States (2.8M square meters)
- Germany (1.4M square meters)
- South Korea (1.1M square meters)
- France (0.8M square meters)
- Italy (0.7M square meters)
- Japan (0.6M square meters)
- Sweden (0.6M square meters)
- Belgium (0.6M square meters)
- Czech Republic (0.4M square meters)
- Spain (0.3M square meters)
- Netherlands (0.2M square meters)
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