Price for Woven Fabrics of Artificial Staple Fibres in Indonesia - 2022
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Indonesia (CIF) - 2022
- Price for Woven Fabrics of Artificial Staple Fibres in Indonesia (FOB) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in Indonesia
- Exports of Woven Fabrics of Artificial Staple Fibres in Indonesia
Price for Woven Fabrics of Artificial Staple Fibres in Indonesia (CIF) - 2022
The average import price for woven fabrics of artificial staple fibres stood at $1.3 per square meter in March 2022, surging by 7% against the previous month. In general, import price indicated perceptible growth from March 2021 to March 2022: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for woven fabrics of artificial staple fibres increased by +33.8% against January 2022 indices. The pace of growth was the most pronounced in October 2021 an increase of 27% against the previous month. The import price peaked at $1.3 per square meter in November 2021; afterwards, it flattened through to March 2022.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($3.4 per square meter), while the price for China ($1.2 per square meter) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Artificial Staple Fibres in Indonesia (FOB) - 2022
In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $5.8 per square meter, surging by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($9.1 per square meter), while the average price for exports to the Philippines ($3.7 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Artificial Staple Fibres in Indonesia
After three years of growth, supplies from abroad of woven fabrics of artificial staple fibres decreased by -23.2% to 10M square meters in 2022. Over the period under review, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 87%. As a result, imports reached the peak of 13M square meters, and then contracted sharply in the following year.
In value terms, imports of woven fabrics of artificial staple fibres surged to $112M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +84.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Woven Fabrics of Artificial Staple Fibres in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 50.7 | 46.0 | 63.1 | 88.8 | 20.5% |
| Hong Kong SAR | 7.7 | 3.7 | 6.0 | 8.5 | 3.3% |
| South Korea | 6.9 | 3.0 | 5.4 | 7.6 | 3.3% |
| Malaysia | N/A | 2.2 | 1.4 | N/A | -36.4% |
| Others | 5.0 | 5.9 | 4.0 | 7.5 | 14.5% |
| Total | 70.3 | 60.8 | 80.0 | 112 | 16.8% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Indonesia in 2022:
- China (9.0M square meters)
- Hong Kong SAR (0.6M square meters)
- South Korea (0.4M square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Indonesia
In 2022, overseas shipments of woven fabrics of artificial staple fibres were finally on the rise to reach 5.4M square meters after two years of decline. In general, exports, however, faced a abrupt downturn. The exports peaked at 9M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of woven fabrics of artificial staple fibres soared to $31M in 2022. Overall, exports, however, showed a deep setback. The exports peaked at $39M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Woven Fabrics of Artificial Staple Fibres in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 14.4 | 11.2 | 13.7 | 14.1 | -0.7% |
| Turkey | 8.3 | 2.9 | 0.5 | 3.8 | -22.9% |
| Malaysia | 1.4 | 2.0 | 2.4 | 2.5 | 21.3% |
| Thailand | 2.4 | 0.9 | 0.7 | 1.3 | -18.5% |
| Ghana | 1.2 | 0.7 | 1.1 | 1.1 | -2.9% |
| Egypt | 0.6 | 0.9 | 1.1 | 1.1 | 22.4% |
| Togo | 0.3 | 0.3 | 0.8 | 0.8 | 38.7% |
| Somalia | 1.9 | 0.4 | 0.2 | 0.8 | -25.0% |
| India | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
| Philippines | 0.9 | 0.3 | 0.3 | 0.5 | -17.8% |
| Spain | 0.5 | N/A | 0.5 | 0.5 | 0.0% |
| Others | 6.5 | 4.6 | 3.9 | 4.3 | -12.9% |
| Total | 39.0 | 24.6 | 25.8 | 31.5 | -6.9% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Indonesia in 2022:
- Japan (2489.7K square meters)
- Turkey (838.0K square meters)
- Malaysia (355.6K square meters)
- Thailand (246.8K square meters)
- Ghana (199.3K square meters)
- Togo (125.4K square meters)
- Egypt (123.9K square meters)
- Philippines (123.4K square meters)
- Somalia (117.5K square meters)
- India (94.3K square meters)
- Spain (87.9K square meters)
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