Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bahrain - 2022
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bahrain (CIF) - 2022
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bahrain (FOB) - 2022
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bahrain
- Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bahrain
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bahrain (CIF) - 2022
The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $3,647 per ton in 2022, surging by 7.6% against the previous year. Overall, the import price saw a modest increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 91%. Over the period under review, average import prices hit record highs at $4,341 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($7,473 per ton), while the price for Pakistan ($1,200 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bahrain (FOB) - 2022
In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $3,036 per ton, reducing by -3.9% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 34%. The export price peaked at $9,227 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -6.4% per year.
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bahrain
For the third year in a row, Bahrain recorded decline in purchases abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings, which decreased by -4.5% to 768 kg in 2022. In general, imports recorded a sharp contraction.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings expanded modestly to $2.8K in 2022. Over the period under review, imports showed a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 12%. As a result, imports reached the peak of $24K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.9 | 4.9 | 1.3 | 1.5 | 18.6% |
| Saudi Arabia | 16.2 | 14.7 | 1.1 | 0.9 | -61.8% |
| United Arab Emirates | 0.6 | 1.2 | 0.2 | 0.2 | -30.7% |
| South Korea | N/A | 1.4 | N/A | N/A | 0% |
| Pakistan | N/A | N/A | N/A | N/A | 0% |
| Others | 3.8 | 2.0 | 0.2 | 0.2 | -62.5% |
| Total | 21.6 | 24.2 | 2.7 | 2.8 | -49.4% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Bahrain in 2022:
- Saudi Arabia (463.0 kg)
- China (203.0 kg)
- United Arab Emirates (54.0 kg)
- Pakistan (20.0 kg)
Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bahrain
In 2022, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings from Bahrain dropped sharply to 84 kg, shrinking by -16.8% against 2021 figures. In general, exports recorded a abrupt contraction. The smallest decline of -15.1% was in 2021.
In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings reduced dramatically to $255 in 2022. Over the period under review, exports continue to indicate a sharp shrinkage. The smallest decline of -19.8% was in 2021.
| Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 498 | 398 | 318 | 255 | -20.0% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 498 | 398 | 319 | 255 | -20.0% |
Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Bahrain in 2022:
- Saudi Arabia (84.0 kg)
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597
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