Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in India - 2023

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in India (CIF) - 2022
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in India (FOB) - 2022
3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in India
4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in India

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in India (CIF) - 2022

In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses amounted to $7,538 per ton, picking up by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($7,538 per ton) and Russia ($7,538 per ton), while the price for China ($7,538 per ton) and Taiwan (Chinese) ($7,538 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in India (FOB) - 2022

In 2022, the average export price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses amounted to $7,845 per ton, with an increase of 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, the export price reached 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 Cuba ($7,845 per ton) and Mexico ($7,845 per ton), while the average price for exports to Bangladesh ($7,845 per ton) and Sri Lanka ($7,845 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in India

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses imported into India fell sharply to 26K tons, with a decrease of -36.9% compared with the previous year. In general, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 84% against the previous year. As a result, imports attained the peak of 41K tons, and then dropped notably in the following year.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses reduced dramatically to $193M in 2022. Over the period under review, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.6% 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 +62.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 110%. As a result, imports reached the peak of $250M, and then declined remarkably in the following year.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides to India in 2022:

1. China (15.0K tons)
2. Vietnam (4.3K tons)
3. Taiwan (Chinese) (2.1K tons)
4. Thailand (2.1K tons)
5. Russia (0.8K tons)
6. Indonesia (0.7K tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in India

For the fourth consecutive year, India recorded growth in overseas shipments of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses, which increased by 34% to 911 tons in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 133%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses skyrocketed to $7.1M in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 165%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides from India in 2022:

1. Mexico (339.9 tons)
2. Sri Lanka (308.9 tons)
3. Bangladesh (157.8 tons)
4. United States (30.4 tons)
5. Malaysia (17.7 tons)
6. Cuba (15.4 tons)

Source: IndexBox Market Intelligence Platform