Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Argentina - 2023

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Argentina (CIF) - 2023
2. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Argentina

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Argentina (CIF) - 2023

The average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $4,346 per ton in December 2023, declining by -4.6% against the previous month. Overall, the import price continues to indicate a perceptible downturn. The growth pace was the most rapid in October 2023 when the average import price increased by 11% against the previous month. The import price peaked at $5,716 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($6,160 per ton), while the price for South Korea ($3,925 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Mexico (-0.1%), while the prices for the other major suppliers experienced a decline.

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

Imports of textile fabrics; tyrecord of high tenacity yarn of polyesters into Argentina contracted dramatically to 3.3K tons in 2022, dropping by -15.7% compared with the year before. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 112%. As a result, imports reached the peak of 4K tons, and then plummeted in the following year.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters reached $15M in 2022. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 147% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. Vietnam (2659.1 tons)
2. South Korea (384.7 tons)
3. Mexico (237.1 tons)

Source: IndexBox Market Intelligence Platform