Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Luxembourg - 2024
Contents:
- Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Luxembourg (FOB) - 2024
- Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Luxembourg (CIF) - 2024
- Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Luxembourg
- Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Luxembourg
Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Luxembourg (FOB) - 2024
In January 2024, the average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $3,348 per ton, flattening at the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 6.4% m-o-m. The export price peaked at $3,393 per ton in August 2023; however, from September 2023 to January 2024, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In January 2024, the highest price was recorded for prices to Slovenia ($3,324 per ton) and Poland ($3,324 per ton), while the average price for exports to Hungary ($3,324 per ton) and France ($3,324 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Luxembourg (CIF) - 2024
In January 2024, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $5,342 per ton, with an increase of 37% against the previous month. Overall, import price indicated a perceptible increase from January 2023 to January 2024: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for textile fabrics; tyrecord of high tenacity yarn of polyesters increased by +37.4% against December 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 56% against the previous month. The import price peaked in January 2024.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From January 2023 to January 2024, the rate of growth in terms of prices for Vietnam amounted to +120.3% per month.
Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Luxembourg
In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of polyesters exported from Luxembourg surged to 41K tons, increasing by 23% compared with the previous year's figure. In general, total exports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters expanded remarkably to $129M in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 68.4 | 52.8 | 63.6 | 68.5 | 0.0% |
| France | 16.6 | 10.5 | 13.9 | 14.7 | -4.0% |
| Poland | 13.2 | 10.4 | 14.0 | 14.5 | 3.2% |
| Spain | 7.0 | 5.2 | 10.1 | 12.7 | 22.0% |
| Slovenia | 7.4 | 6.0 | 7.6 | 9.4 | 8.3% |
| Hungary | 3.4 | 2.1 | 2.5 | 3.2 | -2.0% |
| Italy | N/A | N/A | 1.0 | 2.0 | 100.0% |
| Others | 2.2 | 2.9 | 4.2 | 3.8 | 20.0% |
| Total | 118 | 89.8 | 117 | 129 | 3.0% |
Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Luxembourg in 2022:
- Germany (22.2K tons)
- France (4.8K tons)
- Poland (4.7K tons)
- Spain (4.1K tons)
- Slovenia (3.1K tons)
- Hungary (1.1K tons)
- Italy (0.6K tons)
Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Luxembourg
In 2022, approx. 1.6K tons of textile fabrics; tyrecord of high tenacity yarn of polyesters were imported into Luxembourg; which is down by -88.1% compared with the previous year's figure. In general, imports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 114%. As a result, imports attained the peak of 13K tons, and then fell significantly in the following year.
In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters reduced dramatically to $5.8M in 2022. Overall, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year.
| Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 3.4 | 2.1 | 3.0 | 3.0 | -4.1% |
| Vietnam | 28.9 | 18.5 | 29.2 | 1.8 | -60.4% |
| Italy | N/A | N/A | 0.1 | 0.9 | 800.0% |
| Czech Republic | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 32.5 | 20.6 | 32.4 | 5.8 | -43.7% |
Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Luxembourg in 2022:
- Vietnam (684.8 tons)
- South Korea (542.6 tons)
- Italy (304.7 tons)
- Czech Republic (26.0 tons)
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