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

Contents:

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

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

The average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $3,735 per ton in January 2024, reducing by -1.8% against the previous month. Over the period under review, the import price showed a noticeable decline. The pace of growth was the most pronounced in October 2023 when the average import price increased by 5.6% m-o-m. The import price peaked at $4,918 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the countries with the highest prices were Luxembourg ($4,313 per ton) and the Czech Republic ($4,225 per ton), while the price for Portugal ($3,460 per ton) and Romania ($4,127 per ton) were amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Luxembourg (0.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $6,109 per ton, picking up by 94% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 195%. As a result, the export price reached the peak level of $11,377 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($5,909 per ton), while the average price for exports to France ($2,801 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 Germany (+10.3%), 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 Slovakia

After three years of growth, supplies from abroad of textile fabrics; tyrecord of high tenacity yarn of polyesters decreased by -6.5% to 6.1K tons in 2022. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, imports attained the peak of 6.5K tons, and then fell in the following year.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters surged to $27M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +67.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal10.99.611.915.412.2%
Czech Republic7.16.28.610.614.3%
Others0.10.10.90.791.3%
Total18.016.021.426.814.2%

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

  1. Portugal (3.6K tons)
  2. Czech Republic (2.3K tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of textile fabrics; tyrecord of high tenacity yarn of polyesters, when their volume decreased by -82% to 54 tons. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,263% against the previous year. As a result, the exports attained the peak of 300 tons, and then shrank rapidly in the following year.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters declined markedly to $236K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,184%. As a result, the exports reached the peak of $941K, and then declined sharply in the following year.

Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1.77.950497.2285.2%
France6.7N/A31.469.2117.8%
Germany57.756.32.839.2-12.1%
Romania2.7N/A24630.0123.1%
RussiaN/A9.1130N/A1328.6%
OthersN/AN/A27.1N/A0%
Total68.773.394123650.9%

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

  1. France (24.7 tons)
  2. Czech Republic (17.0 tons)
  3. Germany (6.6 tons)
  4. Romania (5.7 tons)

Source: IndexBox Market Intelligence Platform

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