Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan - 2023
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan (CIF) - 2023
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan (FOB) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan (CIF) - 2023
In July 2023, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $958 per ton, with a decrease of -49.1% against the previous month. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 73% against the previous month. As a result, import price reached the peak level of $2,827 per ton. From March 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Thailand ($1,074 per ton), while the price for China totaled $879 per ton.
From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Thailand (-2.0%).
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan (FOB) - 2022
The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $3,724 per ton in 2022, jumping by 18% against the previous year. In general, the export price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 243%. The export price peaked at $8,663 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($35,054 per ton), while the average price for exports to the United Arab Emirates ($399 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 the United States (+28.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan
For the fourth year in a row, Pakistan recorded growth in supplies from abroad of man-made filament yarn (other than sewing thread), put up for retail sale, which increased by 7.3% to 836 tons in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 621% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale contracted to $1.2M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 379% against the previous year. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 310 | 1,473 | 1,172 | 950 | 45.3% |
| Thailand | N/A | 14.6 | 59.6 | 64.5 | 110.2% |
| Others | 0.5 | N/A | 42.2 | 151 | 570.9% |
| Total | 311 | 1,487 | 1,274 | 1,166 | 55.4% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Pakistan in 2022:
- China (697.3 tons)
- Thailand (46.2 tons)
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan
Exports of man-made filament yarn (other than sewing thread), put up for retail sale from Pakistan surged to 95 tons in 2022, picking up by 376% on 2021 figures. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 443% 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 man-made filament yarn (other than sewing thread), put up for retail sale surged to $375K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | N/A | 28.7 | N/A | 303 | 224.9% |
| United Arab Emirates | 2.0 | 13.5 | 7.1 | 33.6 | 156.1% |
| China | N/A | 4.5 | 39.9 | 32.1 | 167.1% |
| Mauritius | N/A | 34.4 | N/A | N/A | 0% |
| Egypt | 46.9 | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | 14.3 | N/A | N/A | 0% |
| Others | 0.3 | N/A | 3.3 | 6.5 | 178.8% |
| Total | 49.2 | 95.3 | 50.3 | 375 | 96.8% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Pakistan in 2022:
- United Arab Emirates (84.2 tons)
- Sri Lanka (8.6 tons)
- China (1.7 tons)
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