Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Thailand - 2024

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Thailand (FOB) - 2024
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Thailand (CIF) - 2022
3. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Thailand
4. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Thailand

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Thailand (FOB) - 2024

In January 2024, the average export price for textile fabrics; tyrecord of high tenacity yarn of viscose raya amounted to $14,677 per ton, waning by -2.2% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in September 2023 an increase of 42% m-o-m. As a result, the export price attained the peak level of $19,111 per ton. From October 2023 to January 2024, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In January 2024, the country with the highest price was Japan ($15,373 per ton), while the average price for exports to China totaled $13,667 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.9%).

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

The average import price for textile fabrics; tyrecord of high tenacity yarn of viscose raya stood at $18,573 per ton in 2022, with an increase of 120% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($18,670 per ton), while the price for China ($6,782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of viscose raya exported from Thailand surged to 738 tons, with an increase of 17% against the previous year's figure. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +47.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 26% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of viscose raya soared to $8M in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 38%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Japan (494.8 tons)
2. China (206.1 tons)
3. South Korea (16.6 tons)
4. India (13.4 tons)

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

In 2022, supplies from abroad of textile fabrics; tyrecord of high tenacity yarn of viscose raya decreased by -41.1% to 52 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 70% against the previous year. As a result, imports reached the peak of 88 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of viscose raya soared to $957K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +56.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (28.3 tons)
2. Turkey (23.0 tons)
3. China (0.1 tons)

Source: IndexBox Market Intelligence Platform