Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Vietnam - 2022

Contents:

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

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

The average export price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses stood at $7,158 per ton in 2022, rising by 25% 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 attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($7,183 per ton) and India ($7,183 per ton), while the average price for exports to Malaysia ($7,183 per ton) and Hungary ($7,183 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 Hungary (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses stood at $7,747 per ton in 2022, jumping by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. As a result, import price attained 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 Japan ($7,747 per ton) and Thailand ($7,747 per ton), while the price for China ($7,747 per ton) and South Korea ($7,747 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 37K tons of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses were exported from Vietnam; shrinking by -8.2% against the previous year's figure. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 76%. As a result, the exports reached the peak of 40K tons, and then reduced in the following year.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses reached $264M in 2022. Overall, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 78% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States60.233.175.586.813.0%
South Korea19.223.629.140.027.7%
India17.016.527.030.922.0%
Japan9.67.014.713.913.1%
Thailand14.211.611.812.8-3.4%
HungaryN/AN/A6.211.382.3%
Indonesia11.66.115.110.7-2.7%
Taiwan (Chinese)9.93.21.19.90.0%
Canada8.04.88.58.00.0%
Germany4.15.49.07.421.8%
Malaysia2.84.05.95.827.5%
Brazil0.31.21.04.8152.0%
Mexico2.71.14.14.720.3%
Others15.112.322.117.34.6%
Total17513023126414.7%

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

  1. United States (12.1K tons)
  2. South Korea (5.6K tons)
  3. India (4.3K tons)
  4. Japan (1.9K tons)
  5. Thailand (1.8K tons)
  6. Hungary (1.6K tons)
  7. Indonesia (1.5K tons)
  8. Taiwan (Chinese) (1.4K tons)
  9. Canada (1.1K tons)
  10. Germany (1.0K tons)
  11. Malaysia (0.8K tons)
  12. Brazil (0.7K tons)
  13. Mexico (0.7K tons)

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

In 2022, approx. 7.8K tons of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses were imported into Vietnam; reducing by -17.8% against 2021. Overall, imports saw a mild curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 53% against the previous year. As a result, imports reached the peak of 9.5K tons, and then declined remarkably in the following year.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses reached $61M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.8% 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 +80.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 80%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.210.224.724.526.2%
Taiwan (Chinese)12.29.113.213.63.7%
South Korea15.19.412.012.6-5.9%
Thailand0.40.34.93.8111.8%
Japan3.12.62.43.21.1%
Indonesia1.11.82.92.938.1%
Others0.40.20.60.1-37.0%
Total44.633.760.860.810.9%

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

  1. China (3.2K tons)
  2. Taiwan (Chinese) (1.8K tons)
  3. South Korea (1.6K tons)
  4. Thailand (0.5K tons)
  5. Indonesia (0.4K tons)
  6. Japan (0.4K tons)

Source: IndexBox Market Intelligence Platform

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