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

Contents:

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

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

In March 2024, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $3,466 per ton, waning by -14.1% against the previous month. Over the period under review, the import price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in January 2024 an increase of 12% m-o-m. As a result, import price reached the peak level of $4,450 per ton. From February 2024 to March 2024, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In March 2024, the country with the highest price was Taiwan (Chinese) ($3,772 per ton), while the price for Turkey ($3,364 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 China (-1.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $581 per ton, with a decrease of -52.3% against the previous year. In general, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2014 an increase of 120% against the previous year. As a result, the export price attained the peak level of $10,700 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($5,824 per ton), while the average price for exports to Sri Lanka ($635 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters into Serbia expanded significantly to 6.5K tons, growing by 5.6% compared with 2021. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters surged to $24M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.4% 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 +52.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. Turkey (3.6K tons)
2. Taiwan (Chinese) (1.8K tons)
3. China (0.5K tons)
4. Italy (0.4K tons)

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

For the fourth year in a row, Serbia recorded growth in overseas shipments of textile fabrics; tyrecord of high tenacity yarn of polyesters, which increased by 6.3% to 105 tons in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 170%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters plummeted to $160K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 210% against the previous year. As a result, the exports attained the peak of $210K, and then reduced markedly in the following year.

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

1. Sri Lanka (70.7 tons)
2. Romania (15.3 tons)
3. Germany (8.2 tons)
4. Italy (6.4 tons)
5. United Kingdom (2.1 tons)
6. Luxembourg (1.9 tons)

Source: IndexBox Market Intelligence Platform