Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Thailand - 2024

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Thailand (CIF) - 2024
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Thailand (FOB) - 2024
3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Thailand
4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Thailand

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Thailand (CIF) - 2024

The average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses stood at $4,139 per ton in November 2023, declining by -9.9% against the previous month. Over the period under review, the import price showed a perceptible slump. The growth pace was the most rapid in March 2023 an increase of 13% m-o-m. The import price peaked at $5,575 per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($6,750 per ton), while the price for Sri Lanka ($1,376 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Thailand (FOB) - 2024

In November 2023, the average export price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses amounted to $5,605 per ton, rising by 20% against the previous month. Over the period under review, the export price, however, saw a noticeable slump. The export price peaked at $7,633 per ton in January 2023; however, from February 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Brazil ($8,508 per ton), while the average price for exports to Indonesia ($3,473 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+0.0%), while the prices for the other major destinations experienced a decline.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Thailand

In 2022, purchases abroad of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses decreased by -16.5% to 26K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +34.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 33%.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses dropped to $149M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +51.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, imports attained the peak of $160M, and then dropped in the following year.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides to Thailand in 2022:

1. China (21.9K tons)
2. Vietnam (1.8K tons)
3. Taiwan (Chinese) (0.7K tons)
4. Indonesia (0.7K tons)
5. Japan (0.4K tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Thailand

Exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses from Thailand dropped significantly to 7.3K tons in 2022, reducing by -22.8% against 2021. Over the period under review, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 31%.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses fell to $48M in 2022. Overall, exports recorded a mild descent. The pace of growth was the most pronounced in 2021 when exports increased by 97% against the previous year. As a result, the exports reached the peak of $52M, and then dropped in the following year.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides from Thailand in 2022:

1. India (3163.6 tons)
2. Japan (777.0 tons)
3. Indonesia (737.0 tons)
4. China (694.9 tons)
5. United States (482.8 tons)
6. Vietnam (398.7 tons)
7. South Korea (233.7 tons)
8. Brazil (195.7 tons)
9. Malaysia (181.7 tons)

Source: IndexBox Market Intelligence Platform