EU27 nylon exports plummet in December 2022. Trade data from Eurostat reveals that the EU27’s nylon exports and imports experienced notable changes in December 2022 compared to the previous year.
According to the data, the EU27’s nylon exports decreased by over 50% to 19,565 metric tons (MT) in December 2022, down from 41,380 MT in December 2021.
This significant drop in exports highlights a potential shift in the EU27’s nylon trade patterns.
Meanwhile, nylon imports increased by approximately 31.4% to 22,733 MT in December 2022, up from 17,327 MT in December 2021.
The trade patterns of nylon in the EU27 are among the contributing factors that have led to downward pressure on prices for both PA66 and PA6 in recent months.
Eurostat, the statistical office of the European Union, is the source of the trade data.
Nylon is a synthetic polymer that is widely used in various industries, including textiles, automotive, and packaging.