Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Brazil - 2024

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Brazil (CIF) - 2024
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Brazil (FOB) - 2022
3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Brazil
4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Brazil

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Brazil (CIF) - 2024

The average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $3,555 per ton in March 2024, declining by -4.2% against the previous month. Overall, the import price saw a slight decline. The most prominent rate of growth was recorded in November 2023 an increase of 4.8% m-o-m. Over the period under review, average import prices hit record highs at $4,311 per ton in March 2023; however, from April 2023 to March 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($7,815 per ton), while the price for Costa Rica ($1,700 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Italy (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $6,551 per ton in 2022, increasing by 25% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for textile fabrics; tyrecord of high tenacity yarn of polyesters increased by +80.9% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 38%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($6,973 per ton) and Poland ($6,503 per ton), while the average price for exports to Mexico ($5,250 per ton) and Venezuela ($5,439 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 Mexico (+13.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of polyesters imported into Brazil rose modestly to 16K tons, picking up by 2.4% against the previous year. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.0% 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 +82.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters surged to $69M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 109%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

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

1. China (3.0K tons)
2. Mexico (2.8K tons)
3. Vietnam (2.8K tons)
4. South Korea (2.6K tons)
5. Indonesia (1.7K tons)
6. United States (0.8K tons)
7. Luxembourg (0.6K tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Brazil

In 2022, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters from Brazil dropped sharply to 127 tons, falling by -55.3% on the year before. Over the period under review, exports recorded a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 257%. As a result, the exports reached the peak of 285 tons, and then contracted remarkably in the following year.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters declined significantly to $835K in 2022. Overall, exports continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 with an increase of 334% against the previous year. As a result, the exports attained the peak of $1.3M, and then dropped sharply in the following year.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Brazil in 2022:

1. Argentina (78.1 tons)
2. Mexico (20.1 tons)
3. Poland (10.5 tons)
4. France (10.5 tons)
5. Venezuela (7.5 tons)

Source: IndexBox Market Intelligence Platform