Malta: Synthetic Yarn Market 2020

Synthetic Yarn Market Size in Malta

The revenue of the synthetic yarn market in Malta amounted to $X in 2018, going down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, synthetic yarn consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Malta synthetic yarn consumption peaked at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Synthetic Yarn Exports

Exports from Malta

In 2018, approx. X kg of yarn of synthetic or artificial staple fibers were exported from Malta; waning by -X% against the previous year. Over the period under review, synthetic yarn exports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Malta exports peaked at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, synthetic yarn exports stood at $X in 2018. Overall, synthetic yarn exports continue to indicate a precipitous reduction. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Malta exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China (X tons) and Indonesia (X tons) represented roughly X% of total exports of yarn of synthetic or artificial staple fibers in 2018. It was distantly followed by India (X tons), the U.S. (X tons) and Vietnam (X tons), together committing a X% share of total exports. Turkey (X tons), Thailand (X tons) and Nepal (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Nepal, while the other leaders experienced more modest paces of growth.

In value terms, the largest synthetic yarn markets from Malta were China ($X), Indonesia ($X) and India ($X), with a combined X% share of total exports. These countries were followed by the U.S., Turkey, Vietnam, Thailand, Nepal and Malta, which together accounted for a further X experienced the highest growth rate of exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the synthetic yarn export price in Malta amounted to $X per ton, coming down by -X% against the previous year. In general, the synthetic yarn export price continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. In that year, the export prices for yarn of synthetic or artificial staple fibers attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the export prices for yarn of synthetic or artificial staple fibers remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Turkey ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Nepal, while the other leaders experienced more modest paces of growth.

Synthetic Yarn Imports

Imports into Malta

In 2018, the amount of yarn of synthetic or artificial staple fibers imported into Malta stood at X tons, reducing by -X% against the previous year. Overall, synthetic yarn imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. In that year, synthetic yarn imports reached their peak of X tons. From 2009 to 2018, the growth of synthetic yarn imports failed to regain its momentum.

In value terms, synthetic yarn imports amounted to $X in 2018. Overall, synthetic yarn imports continue to indicate a slight deduction. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, synthetic yarn imports attained their peak figure at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

Turkey (X tons), Egypt (X tons), Brazil (X tons), Bangladesh (X tons), Honduras (X tons), South Korea (X tons) and India (X tons) represented roughly X% of total imports of yarn of synthetic or artificial staple fibers in 2018. Italy (X tons), Vietnam (X tons), the U.S. (X tons), Iran (X tons) and Colombia (X tons) held a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Egypt, while the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X), Turkey ($X) and Honduras ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Brazil, South Korea, Egypt, Italy, the U.S., India, Vietnam, Iran, Colombia and Malta, which together accounted for a further X recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The synthetic yarn import price in Malta stood at $X per ton in 2018, remaining stable against the previous year. In general, the import price indicated strong growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, synthetic yarn import price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2008 when the import price increased by X% against the previous year. Malta import price peaked at $X per ton in 2015; however, from 2016 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Bangladesh, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform