Nylon Filament Yarn Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Nylon Filament Yarn in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Nylon Filament Yarn Price Trend for the First Half of 2023
Asia
The Asia-Pacific market remained volatile in the first two quarters of 2023. The price trend of Nylon Filament Yarn inclined in the initial months owing to the rising demand from the textile sector. But in the subsequent months, the rising level of inventories and non-equilibrium in the supply-demand dynamics had a negative impact on the price trend of nylon filament yarn. In addition, the falling prices of feedstock also did not provide the required cost support.
Europe
An inclining trajectory in the price trend of Nylon Filament Yarn was observed in the first and second quarters of 2023. The demand from the downstream textile companies was strong and did not change much in the first two quarters. But the rising piles of inventories forced the manufacturers to reduce their profit margins to keep the price trend of Nylon Filament Yarn afloat, which somewhat negatively impacted the Nylon Filament Yarn market in the first two quarters of 2023.
North America
In the first half of the first quarter, the price trend of Nylon Filament Yarn drove upwards as it was supported by the hike in demand from the downstream industries. But in the second half of the first quarter and the second quarter, the prices declined due to high stockpiles and subdued demand from the textile sector. Manufacturers and traders were thus forced to decrease their price quotations which eventually led to the downfall in the price trend of nylon filament yarn.
Analyst Insight
According to Procurement Resource, the price trend of Nylon Filament Yarn is expected to showcase a falling trajectory as the demand from downstream industries seems feeble. Further, the erratic feedstock prices will likely influence the market.
Procurement Resource provides latest prices of Nylon Filament Yarn. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Nylon filament yarn is a synthetic fiber made from polymerizing nylon resins into long, continuous filaments. It exhibits excellent strength, durability, and elasticity, making it ideal for various applications, including textiles, apparel, and industrial products.
Its high tensile strength ensures longevity and resistance to wear and tear, while its lightweight and smooth texture offer comfort and versatility. Nylon filament yarn possesses good heat resistance, moisture-wicking capabilities, and dyeability, allowing for vibrant colors and easy maintenance. Additionally, it has low water absorption, enhancing its dimensional stability. These properties make nylon filament yarn a popular choice for a wide range of consumer and industrial goods.
Report Features | Details |
Product Name | Nylon Filament Yarn |
Industrial Uses | Packaging, Sewing threads, Electrical insulation, Industrial belts, Geotextiles, Seat belts |
HS Code | 54071025 |
CAS Number | 25038544 |
Supplier Database | ASF SE, LANXESS, UBE INDUSTRIES LTD, Ensinger, Century Enka Limited, CELANESE CORPORATION, Radici Group, Formosa Chemical and Fibre Corporation, JCT Limited, East India Textile Technology Limited |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
This method involves polymerizing caprolactam to create nylon-6 polymer, which is then melted to create nylon chips. To remove impurities, these chips are cleaned, dried, and then remelted for spinning. Finally, to create filaments, chips are introduced into a cooling chamber via a spinneret.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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