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

Contents:

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

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

In February 2024, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $3,431 per ton, growing by 3.6% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 5.3% against the previous month. Over the period under review, average import prices hit record highs at $3,791 per ton in February 2023; however, from March 2023 to February 2024, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In February 2024, the country with the highest price was South Korea ($3,908 per ton), while the price for Vietnam amounted to $3,157 per ton.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $891 per ton in 2022, with a decrease of -74.7% against the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 4.3% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,524 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($3,745 per ton), while the average price for exports to Brazil totaled $1,686 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (-2.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters into Chile fell rapidly to 3.4K tons, waning by -23.5% against the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 76%. As a result, imports attained the peak of 4.5K tons, and then declined significantly in the following year.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters fell dramatically to $13M in 2022. Overall, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +3.9% 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 +38.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. As a result, imports reached the peak of $16M, and then shrank sharply in the following year.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam8.86.812.710.56.1%
China2.22.42.72.42.9%
United States0.50.10.30.1-41.5%
Others0.1N/A0.3N/A73.2%
Total11.69.416.113.03.9%

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

  1. Vietnam (2.8K tons)
  2. China (0.6K tons)
  3. United States (0.1K tons)

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

In 2022, approx. 16 tons of textile fabrics; tyrecord of high tenacity yarn of polyesters were exported from Chile; with a decrease of -19.3% against 2021 figures. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 1,791%.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters fell remarkably to $46K in 2022. Over the period under review, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 1,769%.

Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia4.1N/A20.234.4103.2%
Brazil75.1N/AN/A11.5-46.5%
Paraguay5.1N/A49.7N/A212.2%
PeruN/A3.7N/AN/A0%
OthersN/AN/AN/AN/A0%
Total84.33.769.945.9-18.3%

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

  1. Bolivia (9.2 tons)
  2. Brazil (6.8 tons)

Source: IndexBox Market Intelligence Platform

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