Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Algeria - 2022

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Algeria (CIF) - 2022
2. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Algeria

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Algeria (CIF) - 2022

In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $3,533 per ton, increasing by 7.5% against the previous year. Over the period under review, the import price recorded a prominent increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 70%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($4,007 per ton), while the price for China amounted to $3,236 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%).

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Algeria

For the fourth year in a row, Algeria recorded growth in purchases abroad of textile fabrics; tyrecord of high tenacity yarn of polyesters, which increased by 0.1% to 536 tons in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters rose notably to $1.9M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 84%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Algeria in 2022:

1. China (329.4 tons)
2. Czech Republic (207.0 tons)

Source: IndexBox Market Intelligence Platform