Price for Fibres; Synthetic Filament Tow, of Polyesters in the United Arab Emirates - 2022

Contents:

1. Price for Fibres; Synthetic Filament Tow, of Polyesters in the United Arab Emirates (CIF) - 2022
2. Price for Fibres; Synthetic Filament Tow, of Polyesters in the United Arab Emirates (FOB) - 2022
3. Imports of Fibres; Synthetic Filament Tow, of Polyesters in the United Arab Emirates
4. Exports of Fibres; Synthetic Filament Tow, of Polyesters in the United Arab Emirates

Price for Fibres; Synthetic Filament Tow, of Polyesters in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $4,928 per ton, dropping by -8.3% against the previous year. Over the period under review, the import price saw a mild slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 139%. Over the period under review, average import prices hit record highs at $18,757 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($18,143 per ton), while the price for the United States ($4,223 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+83.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, of Polyesters in the United Arab Emirates (FOB) - 2022

The average export price for fibres; synthetic filament tow, of polyesterses stood at $1,001 per ton in 2022, rising by 3.6% against the previous year. Over the period under review, the export price, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 122% against the previous year. The export price peaked at $1,547 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Oman.

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +29.3% per year.

Imports of Fibres; Synthetic Filament Tow, of Polyesters in the United Arab Emirates

In 2022, supplies from abroad of fibres; synthetic filament tow, of polyesterses was finally on the rise to reach 12 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fibres; synthetic filament tow, of polyesterses skyrocketed to $57K in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to the United Arab Emirates in 2022:

1. United States (10.2 tons)
2. China (0.9 tons)
3. United Kingdom (0.3 tons)

Exports of Fibres; Synthetic Filament Tow, of Polyesters in the United Arab Emirates

In 2022, approx. 41 tons of fibres; synthetic filament tow, of polyesterses were exported from the United Arab Emirates; waning by -11.6% against the year before. Overall, exports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 143%.

In value terms, exports of fibres; synthetic filament tow, of polyesterses fell to $41K in 2022. Over the period under review, exports saw a sharp decline. The pace of growth was the most pronounced in 2021 when exports increased by 95% against the previous year.

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from the United Arab Emirates in 2022:

1. Oman (41.4 tons)

Source: IndexBox Market Intelligence Platform