Export volume and value both fell

Exports of spandex amounted to 22.8kt in Jan-Apr, 2023, down by 23.2% or 6874 tons on the year. The export unit price was at $5.210/kg in Jan-Apr, 2023, down by $3.850/kg on the year. Export of spandex slowly increased in Q1 2023. Exports were low in Jan and Feb affected by the Spring Festival but obviously increased in Mar. The spandex exports in Q1 2023 was far lower than the corresponding period of 2020-2022 and was close to that in Q1 2019.  Imports of spandex slightly decreased from high level in Apr but exports also decreased. The net exports sustained low. Spandex exports were at 5775 tons in Apr, 2023, a year-on-year decrease of 2% and a month-on-month reduction of 11.3% respectively. The export unit price was at $5.262/kg in Apr, up by $0.051 over last month.