Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Egypt - 2023

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Egypt (FOB) - 2022
2. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Egypt (CIF) - 2022
3. Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Egypt
4. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Egypt

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Egypt (FOB) - 2022

In 2022, the average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $1,302 per ton, surging by 25% against the previous year. Overall, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2015 an increase of 45% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($1,304 per ton), while the average price for exports to Turkey ($1,287 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Egypt (CIF) - 2022

The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $1,125 per ton in 2021, picking up by 15% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses increased by +12.4% against 2018 indices. The growth pace was the most rapid in 2015 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Indonesia ($1,186 per ton), while the price for Thailand amounted to $1,065 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+55.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Egypt

In 2022, the amount of waste (including noils, yarn waste and garnetted stock), of man-made fibreses exported from Egypt reduced sharply to 306 tons, waning by -20.1% against the previous year's figure. Overall, exports continue to indicate a dramatic descent. The smallest decline of -18.9% was in 2021.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses fell to $398K in 2022. In general, exports faced a deep setback.

Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Egypt in 2022:

1. Portugal (149.0 tons)
2. Italy (115.2 tons)
3. Turkey (41.8 tons)

Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Egypt

In 2021, approx. 34 tons of waste (including noils, yarn waste and garnetted stock), of man-made fibreses were imported into Egypt; waning by -50.8% on 2020 figures. Over the period under review, imports recorded a sharp contraction. The smallest decline of -20% was in 2020.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses contracted sharply to $38K in 2021. Overall, imports saw a dramatic decline. The smallest decline of -9.7% was in 2020.

Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Egypt in 2022:

1. Indonesia (17.0 tons)
2. Thailand (7.2 tons)

Source: IndexBox Market Intelligence Platform