Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Sri Lanka - 2022

Contents:

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

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Sri Lanka (CIF) - 2022

The average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses stood at $4,758 per ton in 2022, with an increase of 21% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2021 an increase of 44%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($7,731 per ton), while the price for China ($4,629 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Sri Lanka (FOB) - 2022

In 2022, the average export price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses amounted to $6,144 per ton, increasing by 31% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses increased by +121.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 68% against the previous year. The export price peaked at $7,115 per ton in 2015; however, from 2016 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 China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +56.3% per year.

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

In 2022, approx. 5.7K tons of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses were imported into Sri Lanka; with a decrease of -43% on 2021. Overall, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports reached the peak of 10K tons, and then declined remarkably in the following year.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses reduced sharply to $27M in 2022. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 128% against the previous year. As a result, imports attained the peak of $40M, and then contracted sharply in the following year.

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

1. China (5.0K tons)
2. India (0.6K tons)
3. Singapore (0.1K tons)

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

In 2022, approx. 42 tons of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses were exported from Sri Lanka; picking up by 9,385% compared with 2021. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses soared to $260K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. China (42.3 tons)

Source: IndexBox Market Intelligence Platform