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

Contents:

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

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

In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $3,999 per ton, surging by 21% against the previous year. Overall, the import price, however, continues to indicate a mild setback. Over the period under review, average import prices reached the peak figure at $4,640 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($3,999 per ton) and Indonesia ($3,999 per ton), while the price for China ($3,999 per ton) and South Korea ($3,999 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-1.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $4,121 per ton, increasing by 17% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $4,454 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($4,157 per ton) and China ($4,157 per ton), while the average price for exports to Sri Lanka ($3,411 per ton) and Turkey ($4,156 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 Israel (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of polyesters imported into India fell significantly to 22K tons, waning by -21% on 2021 figures. Over the period under review, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2021 with an increase of 102% against the previous year. As a result, imports attained the peak of 28K tons, and then reduced markedly in the following year.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters fell modestly to $89M in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 123%. As a result, imports reached the peak of $94M, and then fell modestly in the following year.

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

1. Vietnam (13.5K tons)
2. China (8.0K tons)
3. Taiwan (Chinese) (0.2K tons)

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

Exports of textile fabrics; tyrecord of high tenacity yarn of polyesters from India soared to 90 tons in 2022, with an increase of 106% on 2021. In general, exports, however, saw a perceptible shrinkage.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters skyrocketed to $369K in 2022. Overall, exports recorded a notable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Thailand (28.3 tons)
2. United States (10.6 tons)
3. Nigeria (9.5 tons)
4. Israel (8.0 tons)
5. Kenya (6.5 tons)
6. China (4.5 tons)
7. Sri Lanka (4.2 tons)
8. Turkey (4.0 tons)
9. Ethiopia (3.1 tons)
10. Nepal (2.4 tons)
11. Tanzania (0.4 tons)
12. Ghana (0.1 tons)

Source: IndexBox Market Intelligence Platform