Global Metallised Yarn Market 2020 - Key Insights - Global Trade Magazine
  June 19th, 2020 | Written by

Global Metallised Yarn Market 2020 – Key Insights

[shareaholic app="share_buttons" id="13106399"]

Sharelines

  • In 2018, the average metallised yarn export price amounted to $11,157 per tonne.
  • China represented the largest exporter of metallised yarn and strip exported in the world.
  • Global exports amounted to 23K tonnes in 2018, picking up by 11% against the previous year.

IndexBox has just published a new report: ‘World – Metallised Yarn And Strip – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

Global Trade of  Metallised Yarn 2014-2018

Global exports amounted to 23K tonnes in 2018, picking up by 11% against the previous year. In value terms, metallised yarn exports totaled $253M (IndexBox estimates). In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, global metallised yarn exports attained their maximum at $261M in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China represented the largest exporter of metallised yarn and strip exported in the world, with the volume of exports recording 13K tonnes, which was approx. 58% of total exports in 2018. It was distantly followed by India (4.2K tonnes) and Turkey (1.3K tonnes), together achieving a 24% share of global exports. The following exporters – Japan (524 tonnes), Germany (428 tonnes), Georgia (414 tonnes) and France (392 tonnes) – each accounted for a 7.8% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of metallised yarn and strip. At the same time, Georgia (+140.7%), Turkey (+16.2%) and India (+7.4%) displayed positive paces of growth. Moreover, Georgia emerged as the fastest-growing exporter exported in the world, with a CAGR of +140.7% from 2014-2018. By contrast, Japan (-4.2%), France (-7.2%) and Germany (-11.8%) illustrated a downward trend over the same period. India (+4.6 p.p.), Turkey (+2.6 p.p.) and Georgia (+1.8 p.p.) significantly strengthened its position in terms of the global exports, while China saw its share reduced by -2.2% from 2014 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($109M) remains the largest metallised yarn supplier worldwide, comprising 43% of global exports. The second position in the ranking was occupied by Japan ($21M), with a 8.4% share of global exports. It was followed by India, with a 6.1% share.

Export Prices by Country

In 2018, the average metallised yarn export price amounted to $11,157 per tonne, coming down by -4% against the previous year. Overall, the metallised yarn export price continues to indicate a slight descent. The pace of growth was the most pronounced in 2016 when the average export price increased by 9% year-to-year. The global export price peaked at $11,617 per tonne in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Japan ($40,672 per tonne), while India ($3,642 per tonne) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform