Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Egypt - 2023
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Egypt (FOB) - 2022
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Egypt (CIF) - 2022
- Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Egypt
- Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Egypt
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Egypt (FOB) - 2022
In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $1,171 per ton, rising by 27% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses increased by +90.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 33% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +28.8% per year.
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Egypt (CIF) - 2022
In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $1,211 per ton, leveling off at the previous year. In general, the import price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $1,304 per ton. From 2019 to 2022, the average 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 Turkey ($10,133 per ton), while the price for Spain ($96 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Egypt
In 2022, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses from Egypt dropped significantly to 5.4 tons, waning by -95.9% on 2021. In general, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 68%.
In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses shrank significantly to $6.3K in 2022. Overall, exports showed a significant decline. The pace of growth was the most pronounced in 2021 when exports increased by 88% against the previous year. As a result, the exports attained the peak of $123K, and then contracted remarkably in the following year.
| Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 12.1 | 3.3 | 3.5 | 6.3 | -19.6% |
| Belgium | 8.5 | 7.4 | 10.9 | N/A | 13.2% |
| India | 21.8 | 18.1 | 25.6 | N/A | 8.4% |
| Greece | 8.4 | 8.5 | 12.3 | N/A | 21.0% |
| Portugal | 8.5 | 7.6 | 11.7 | N/A | 17.3% |
| Italy | 14.1 | 5.6 | 24.9 | N/A | 32.9% |
| Saudi Arabia | 5.6 | 5.1 | 7.9 | N/A | 18.8% |
| Canada | 27.1 | N/A | N/A | N/A | 0% |
| Others | 7.3 | 9.7 | 26.2 | N/A | 89.4% |
| Total | 113 | 65.4 | 123 | 6.3 | -61.8% |
Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres from Egypt in 2022:
- Turkey (5.4 tons)
Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Egypt
In 2022, approx. 22 tons of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses were imported into Egypt; with an increase of 69% compared with the year before. In general, imports, however, showed a abrupt shrinkage.
In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses surged to $26K in 2022. Overall, imports, however, faced a drastic downturn.
| Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Turkey | 15.1 | 7.6 | 13.5 | -5.4% | |
| Japan | 7.3 | 3.6 | 6.2 | -7.8% | |
| Germany | 2.7 | 1.2 | 1.9 | -16.1% | |
| Indonesia | 1.7 | 1.1 | 1.9 | 5.7% | |
| United States | 1.5 | 0.6 | 0.9 | -22.5% | |
| Syrian Arab Republic | 1.6 | 0.6 | 0.9 | -25.0% | |
| Jordan | 0.8 | 0.3 | 0.5 | -20.9% | |
| India | 0.6 | 0.2 | 0.3 | -29.3% | |
| Italy | 1.2 | 0.3 | 0.2 | -59.2% | |
| Spain | 0.3 | 0.1 | 0.2 | -18.4% | |
| Thailand | 1.4 | N/A | N/A | 0% | |
| Belgium | 2.8 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 37.0 | 15.7 | 26.4 | -15.5% | |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Egypt in 2022:
- Japan (7.0 tons)
- Syrian Arab Republic (3.7 tons)
- Germany (3.4 tons)
- Indonesia (1.9 tons)
- Spain (1.6 tons)
- Turkey (1.3 tons)
- Italy (0.8 tons)
- India (0.8 tons)
- United States (0.6 tons)
- Jordan (0.5 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
