Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Saudi Arabia - 2022
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Saudi Arabia (FOB) - 2022
- Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Saudi Arabia
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Saudi Arabia (FOB) - 2022
In 2021, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $2,473 per ton, increasing by 9.8% against the previous year. In general, the export price showed a temperate expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 134% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($2,826 per ton), while the average price for exports to Yemen stood at $1,044 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+106.8%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Saudi Arabia
In 2022, after three years of growth, there was significant decline in overseas shipments of synthetic staple fibres, carded, combed or otherwise processed for spinnings, when their volume decreased by -20.3% to 198 tons. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 243%.
In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings contracted remarkably to $349K in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 701% against the previous year.
| Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| India | N/A | 1,216 | 559 | -54.0% | |
| Yemen | 33.4 | 433 | 50.1 | 22.5% | |
| Hong Kong SAR | N/A | 219 | N/A | 0% | |
| China | N/A | 1,213 | N/A | 0% | |
| Others | 7.5 | -2,753.6 | 3.6 | -30.7% | |
| Total | 40.8 | 327 | 613 | 287.6% | |
Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Saudi Arabia in 2022:
- India (197.8 tons)
- Yemen (48.0 tons)
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