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

Contents:

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

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

In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of viscose raya amounted to $7,741 per ton, increasing by 6.9% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 8.8%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($7,741 per ton) and Thailand ($7,741 per ton), while the price for China ($7,741 per ton) and South Korea ($7,741 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.4%), 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 Vietnam (FOB) - 2022

The average export price for textile fabrics; tyrecord of high tenacity yarn of viscose raya stood at $6,934 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 8.6%. The export price peaked at $7,539 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +4.7% per year.

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

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of viscose raya imported into Vietnam declined rapidly to 325 tons, waning by -25.5% against the year before. Overall, imports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of viscose raya fell remarkably to $2.5M in 2022. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 53% against the previous year.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,4671,7721,7011,137-31.0%
United StatesN/A163829865130.4%
South Korea49954.5489290-16.5%
Thailand58.9N/A60.312428.2%
Taiwan (Chinese)15578.878.078.1-20.4%
Others26.30.9N/A19.0-10.3%
Total4,2062,0703,1572,513-15.8%

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

  1. China (146.9 tons)
  2. United States (111.8 tons)
  3. South Korea (37.5 tons)
  4. Thailand (16.0 tons)
  5. Taiwan (Chinese) (10.1 tons)

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

In 2022, approx. 20 tons of textile fabrics; tyrecord of high tenacity yarn of viscose raya were exported from Vietnam; with an increase of 44% compared with the previous year's figure. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,131%. Over the period under review, the exports of attained the peak figure 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 viscose raya soared to $138K in 2022. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,123%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/A95.413844.7%
Sri LankaN/A7.8N/AN/A0%
China7.0N/AN/AN/A0%
Cambodia4.3N/AN/AN/A0%
India25.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total36.57.895.413855.8%

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

  1. Brazil (19.8 tons)

Source: IndexBox Market Intelligence Platform

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