Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Italy - 2024
Contents:
- Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Italy (CIF) - 2024
- Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Italy (FOB) - 2024
- Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Italy
- Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Italy
Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Italy (CIF) - 2024
In January 2024, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $4,664 per ton, growing by 12% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($6,578 per ton), while the price for China ($3,199 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Italy (FOB) - 2024
In January 2024, the average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $6,722 per ton, with an increase of 19% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 37% m-o-m. The export price peaked at $9,235 per ton in July 2023; however, from August 2023 to January 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was Spain ($34,933 per ton), while the average price for exports to Ireland ($4,415 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+18.6%), 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 Italy
After three years of growth, supplies from abroad of textile fabrics; tyrecord of high tenacity yarn of polyesters decreased by -3.1% to 9.2K tons in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% 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 +51.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 42%. As a result, imports attained the peak of 9.5K tons, and then dropped slightly in the following year.
In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters expanded slightly to $39M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 6.2 | 10.5 | 13.7 | 37.2% |
| Turkey | 3.6 | 2.6 | 4.1 | 8.0 | 30.5% |
| Poland | 2.6 | 4.3 | 8.9 | 5.5 | 28.4% |
| Czech Republic | 2.5 | 1.8 | 2.8 | 3.2 | 8.6% |
| Vietnam | 1.2 | 1.1 | 1.6 | 2.5 | 27.7% |
| Hungary | 2.2 | 4.7 | 5.5 | 2.4 | 2.9% |
| France | 0.9 | 0.8 | 1.8 | 1.7 | 23.6% |
| Others | 3.5 | 2.6 | 2.6 | 1.8 | -19.9% |
| Total | 21.7 | 23.9 | 37.9 | 38.9 | 21.5% |
Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Italy in 2022:
- China (4.0K tons)
- Turkey (1.6K tons)
- Poland (1.1K tons)
- Czech Republic (0.6K tons)
- Vietnam (0.6K tons)
- France (0.4K tons)
- Hungary (0.4K tons)
Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Italy
For the fourth year in a row, Italy recorded growth in overseas shipments of textile fabrics; tyrecord of high tenacity yarn of polyesters, which increased by 20% to 2.2K tons in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.1% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 36%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters rose notably to $13M in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1.6 | 1.0 | 2.4 | 2.8 | 20.5% |
| Turkey | 2.2 | 1.8 | 3.0 | 2.7 | 7.1% |
| Serbia | N/A | N/A | 0.3 | 1.6 | 433.3% |
| France | 1.0 | 1.1 | 1.5 | 1.4 | 11.9% |
| United States | 0.9 | 0.9 | 1.5 | 1.3 | 13.0% |
| Spain | 0.1 | 0.3 | 0.1 | 1.1 | 122.4% |
| Germany | 0.1 | 0.2 | 1.2 | 0.7 | 91.3% |
| Others | 0.8 | 0.8 | 1.1 | 0.9 | 4.0% |
| Total | 6.8 | 6.1 | 11.2 | 12.6 | 22.8% |
Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Italy in 2022:
- Turkey (423.1 tons)
- Serbia (410.2 tons)
- Brazil (398.1 tons)
- Spain (248.0 tons)
- France (217.9 tons)
- United States (166.6 tons)
- Germany (161.6 tons)
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