Spandex Price Trend and Forecast

Spandex Regional Price Overview

Get the latest insights on price movement and trend analysis of Spandex in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Spandex Price Trend for Q1 of 2025

Spandex prices remained largely stable during the first quarter of 2025, fluctuating within a narrow range following a decline in the previous quarter. Raw material costs held steady, and weak order flows from textile manufacturers kept buying activity conservative. Some minor price upticks occurred due to supply disruptions during the Chinese New Year celebrations. According to the spandex price database, manufacturers maintained stable pricing as production volumes remained consistent.
 

Spandex Price Chart

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The spandex price curve registered minimal movements, with producers operating at normal capacity while buyers limited purchases to short-term requirements. The spandex price chart reflected a subdued market with no significant price fluctuations. Although raw material costs provided some support, weak demand from the textile industry prevented any notable price increases. Weaving activity remained sluggish, and most buyers avoided stockpiling beyond immediate needs.

As a result, the current spandex price remained steady, with supply matching demand and no significant pressure for change. Raw material costs were also stable, and with limited buyer enthusiasm, the market showed little scope for price increases.

Analyst Insight

According to Procurement Resource, the spandex price curve is expected to follow a similar pattern in the near future. However, some supply pressure may emerge as increasing Chinese production adds to the existing inventories.
 

Spandex Price Trend for the Second Half of 2024

Spandex prices in the Chinese region fluctuated with a downward bias during the second half of 2024. According to the spandex price database, the market saw occasional recoveries, but weak global demand continued to exert downward pressure. The spandex price curve indicated multiple declines, particularly in the last quarter, as textile producers limited purchases to essential needs. Although production levels remained steady, an ample supply combined with hesitant buyers prevented any sustained price increase. While brief revivals occurred when restocking activity picked up, these were short-lived due to continued sluggish demand in both domestic and overseas markets.

The persistent decline in spandex prices was mainly driven by high inventory levels and weak order volumes. Although production costs helped moderate the rate of decline, demand remained insufficient to support a price rebound. According to spandex price analysis, most buyers refrained from bulk purchases, opting instead for minimal, necessity-driven acquisitions. With foreign demand lacking and local buying subdued, market conditions remained under pressure, leading to a general downward trend over the six-month period.

Analyst Insight

According to Procurement Resource, the spandex price curve is expected to normalise slightly in the near future as the supply disruptions during the Chinese New Year Holidays will likely pressurize current supply-demand dynamics.
 

Spandex Price Trend for the First Half of 2024

In the first half of 2024, spandex prices remained at historic lows despite rising costs for related materials such as nylon, polyester, and cotton yarn. Market demand saw a modest recovery driven by restocking for spring and summer apparel orders, as well as some export activity. Buyers in key regions of China became more active, with many purchasing spandex to cover 15 to 30 days of production.

However, spandex manufacturers faced operational challenges due to overcapacity built during 2021-2023, leading to the lowest operating rates among chemical fibres, with some producers temporarily halting production. Despite this, supply tightened for certain varieties, such as 20D and 30D spandex for high-density circular knitted fabrics. During the traditional peak season following the Spring Festival, spandex markets experienced slight upward momentum due to improved downstream demand.

Analyst Insight

According to Procurement Resource, Spandex prices are projected to correct in the near term, with further declines unlikely. However, the supply outlook suggests confined movement of prices.
 

Spandex Price Trend for the Second Half of 2023
 
Spandex prices were observed to be largely mixed during the third and fourth quarters of the year 2023. The prices witnessed an inclined trajectory initially as the demands increased from July to the middle of the fourth quarter. Especially in the Chinese market, the offshore queries were also considerable. However, as the New Year and Christmas holidays approached the international demands started dipping with a fall in industrial activities.

Thus, the prices took a downturn in the last phase of Q4’23. With increased production capacity in China, there was substantial year-on-year growth noted in the Chinese spandex market during the second half of 2023. Till mid-October, an approximate 2% incline in the average spandex prices had been noted in China. However, late November and December saw an even more depreciation in selling prices. Overall, a very mixed and varying price trajectory was observed for spandex during the said time period.

Analyst Insight

According to Procurement Resource, as the spring festival approaches in China, Spandex prices are expected to fall further owing to lower consumption during long public holidays in China.
 

Spandex Price Trend for the First Half of 2023

Spandex observed a mixed price pattern during the first half of 2023. As Spandex increases the elasticity, comfort, and sweat resistibility of garments, it saw increased usage, especially in innerwear and sportswear departments.

This increased usage posed higher demands for suppliers, and existing inventories witnessed considerable movement in this time period. The higher demands let the suppliers push the prices up, and an upward trajectory was noticed in Spandex’s price trend throughout the first quarter. However, since the supplies were increased owing to higher demands from the downstream industries, the inventories started overflowing.

This excess in supplies, coupled with stable demands, returned the price trend down; thus, a southward trend was noticed in the second quarter. So, as Spandex prices rose in one quarter and fell in the other, mixed market sentiments were observed overall.

Analyst Insight

According to Procurement Resource, the price trend for Spandex are expected to continue following similar fluctuating patterns in the coming quarter, given the current excess supplies and steady demands from the downstream industries.

Procurement Resource provides latest prices of Spandex. 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.