Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Sri Lanka - 2022

Contents:

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

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Sri Lanka (CIF) - 2022

In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of viscose raya amounted to $5,008 per ton, reducing by -28.7% against the previous year. In general, the import price recorded a mild descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40%. As a result, import price reached the peak level of $7,024 per ton, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($8,496 per ton), while the price for China ($4,931 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Sri Lanka (FOB) - 2022

In 2022, the average export price for textile fabrics; tyrecord of high tenacity yarn of viscose raya amounted to $1,454 per ton, reducing by -49.8% against the previous year. Overall, the export price saw a abrupt slump. The pace of growth was the most pronounced in 2021 an increase of 63% against the previous year. The export price peaked at $7,383 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -8.7% per year.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Sri Lanka

Imports of textile fabrics; tyrecord of high tenacity yarn of viscose raya into Sri Lanka reduced remarkably to 6.3 tons in 2022, waning by -21.7% on 2021. Overall, imports continue to indicate a dramatic shrinkage.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of viscose raya declined markedly to $32K in 2022. In general, imports showed a precipitous decrease. The smallest decline of -23.5% was in 2020.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China56.164.845.230.5-18.4%
India2.40.41.41.0-25.3%
Thailand6.01.50.6N/A-68.4%
Germany20.76.25.1N/A-50.4%
Czech RepublicN/AN/A0.2N/A0%
Italy9.62.02.0N/A-54.4%
Others12.06.72.10.1-79.7%
Total10781.756.631.6-33.4%

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon to Sri Lanka in 2022:

  1. China (6.2 tons)
  2. India (0.1 tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Sri Lanka

In 2022, overseas shipments of textile fabrics; tyrecord of high tenacity yarn of viscose raya decreased by -83.6% to 1 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a dramatic decline. The pace of growth was the most pronounced in 2020 when exports increased by 63% against the previous year.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of viscose raya shrank remarkably to $1.5K in 2022. Over the period under review, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, the exports attained the peak of $18K, and then declined sharply in the following year.

Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.30.71.51.571.0%
Australia3.37.316.6N/A124.3%
Others0.30.50.2N/A-18.4%
Total3.98.418.31.5-27.3%

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon from Sri Lanka in 2022:

  1. India (1.0 tons)

Source: IndexBox Market Intelligence Platform

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