Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh - 2022

Contents:

  1. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh (CIF) - 2022
  2. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh (FOB) - 2022
  3. Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh
  4. Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh (CIF) - 2022

The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $7,546 per ton in 2022, surging by 22% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 104% against the previous year. Over the period under review, average import prices attained the maximum at $7,597 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($12,332 per ton), while the price for South Korea ($2,121 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh (FOB) - 2022

In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $3,293 per ton, with an increase of 16% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $3,514 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($20,887 per ton), while the average price for exports to India amounted to $2,878 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-1.4%).

Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh

In 2022, approx. 284 tons of man-made filament yarn (other than sewing thread), put up for retail sale were imported into Bangladesh; increasing by 10% compared with 2021 figures. Overall, imports posted buoyant growth. The growth pace was the most rapid in 2021 with an increase of 1,015%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale skyrocketed to $2.1M in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,061% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7171161,3041,86837.6%
Italy79.58.517816728.1%
South Korea58.05.944.333.8-16.5%
Others48.26.869.270.113.3%
Total9021371,5962,13933.4%

Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Bangladesh in 2022:

  1. China (248.9 tons)
  2. South Korea (15.9 tons)
  3. Italy (13.5 tons)

Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh

Exports of man-made filament yarn (other than sewing thread), put up for retail sale from Bangladesh reduced markedly to 5.2 tons in 2022, shrinking by -43.8% on the previous year. In general, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 0.6% against the previous year.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale skyrocketed to $37K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A25.60%
India29.624.626.011.2-27.7%
OthersN/A0.70.20.3-34.5%
Total29.625.326.237.17.8%

Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Bangladesh in 2022:

  1. India (3.9 tons)
  2. Sweden (1.2 tons)

Source: IndexBox Market Intelligence Platform

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