Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in India - 2023
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in India (FOB) - 2022
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in India (CIF) - 2022
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in India
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in India
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in India (FOB) - 2022
In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $3,154 per ton, which is down by -3.6% against the previous year. Overall, the export price showed a slight decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 48%. As a result, the export price reached the peak level of $5,922 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($3,992 per ton), while the average price for exports to Nepal ($1,499 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in India (CIF) - 2022
The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $9,256 per ton in 2022, increasing by 157% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($42,602 per ton), while the price for Bangladesh ($1,126 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.1%), while the prices for the other major suppliers experienced a decline.
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in India
For the fourth consecutive year, India recorded growth in shipments abroad of man-made filament yarn (other than sewing thread), put up for retail sale, which increased by 34% to 197 tons in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 179% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale skyrocketed to $623K in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 188% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | 86.4 | 180 | 322 | 93.1% |
| United States | 0.7 | 41.0 | 218 | 201 | 559.7% |
| Angola | N/A | N/A | N/A | 50.8 | 0% |
| Nepal | 27.8 | 12.5 | 38.9 | 44.0 | 16.5% |
| Kenya | 69.2 | 1.5 | N/A | N/A | -97.8% |
| Tanzania | N/A | N/A | 24.0 | N/A | 0% |
| Others | 25.6 | 25.5 | 19.7 | 5.3 | -40.8% |
| Total | 123 | 167 | 480 | 623 | 71.7% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from India in 2022:
- Belgium (80.7 tons)
- United States (56.8 tons)
- Nepal (29.4 tons)
- Angola (29.3 tons)
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in India
In 2022, overseas purchases of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -40.4% to 50 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 138% against the previous year. As a result, imports reached the peak of 119 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale skyrocketed to $467K in 2022. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 77% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 30.7 | N/A | 44.5 | 350 | 125.1% |
| China | 45.4 | 236 | 172 | 75.9 | 18.7% |
| United Kingdom | 49.5 | 61.9 | 54.7 | 27.4 | -17.9% |
| Bangladesh | 29.6 | 24.6 | 26.0 | 11.2 | -27.7% |
| Others | 28.5 | 3.5 | 7.2 | 2.5 | -55.6% |
| Total | 184 | 326 | 305 | 467 | 36.4% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to India in 2022:
- China (29.6 tons)
- Bangladesh (10.0 tons)
- Italy (8.2 tons)
- United Kingdom (2.5 tons)
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