Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Egypt - 2023

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Egypt (CIF) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Egypt (FOB) - 2022
  3. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Egypt
  4. Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Egypt

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Egypt (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $7,630 per ton, falling by -6.8% against the previous year. In general, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2018 an increase of 30% against the previous year. As a result, import price attained the peak level of $12,013 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7,630 per ton), while the price for Thailand ($7,630 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.0%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Egypt (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $18,294 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 155% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($18,294 per ton), while the average price for exports to Algeria totaled $18,294 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-6.7%).

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Egypt

In 2022, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds into Egypt declined markedly to 282 tons, reducing by -47.3% compared with 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 346% against the previous year. As a result, imports attained the peak of 535 tons, and then fell markedly in the following year.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds declined significantly to $2.2M in 2022. Overall, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 362%. As a result, imports attained the peak of $4.4M, and then reduced markedly in the following year.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,6393713,2411,7041.3%
Turkey5.12.84.8363314.4%
Thailand92.767.720483.5-3.4%
Taiwan (Chinese)687373690N/A0.2%
Others94.9133239N/A58.7%
Total2,5189474,3792,150-5.1%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Egypt in 2022:

  1. China (223.4 tons)
  2. Turkey (47.5 tons)
  3. Thailand (10.9 tons)

Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Egypt

In 2022, shipments abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds decreased by 0% to 12 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,695%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds totaled $216K in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 4,479%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/A176N/A170-1.7%
AlgeriaN/AN/AN/A46.10%
Saudi Arabia1.22.4N/AN/A100.0%
Others2.81.8N/AN/A-35.7%
Total3.9180N/A216281.2%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Egypt in 2022:

  1. Turkey (9.3 tons)
  2. Algeria (2.5 tons)

Source: IndexBox Market Intelligence Platform

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