Price for Wadding; Other Articles Thereof, of Man-Made Fibres in the United Arab Emirates - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in the United Arab Emirates (FOB) - 2022
  2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in the United Arab Emirates (CIF) - 2022
  3. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in the United Arab Emirates
  4. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in the United Arab Emirates

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in the United Arab Emirates (FOB) - 2022

The average export price for wadding; other articles thereof, of man-made fibreses stood at $7,791 per ton in 2022, waning by -7.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2014 an increase of 17%. Over the period under review, the average export prices hit record highs at $8,436 per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($15,462 per ton), while the average price for exports to Cameroon ($1,071 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in the United Arab Emirates (CIF) - 2022

The average import price for wadding; other articles thereof, of man-made fibreses stood at $16,257 per ton in 2022, growing by 45% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wadding; other articles thereof, of man-made fibreses increased by +61.1% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($24,762 per ton), while the price for China ($3,175 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in the United Arab Emirates

Exports of wadding; other articles thereof, of man-made fibreses from the United Arab Emirates surged to 8K tons in 2022, picking up by 256% against the previous year. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wadding; other articles thereof, of man-made fibreses soared to $63M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran6.05.05.430.071.0%
IraqN/AN/AN/A4.40%
RussiaN/AN/A0.33.71133.3%
Vietnam4.84.46.73.0-14.5%
TurkeyN/A0.10.22.5400.0%
IndiaN/A0.10.92.4389.9%
Jordan0.20.80.71.9111.8%
EgyptN/AN/A0.51.7240.0%
SudanN/AN/AN/A1.40%
Armenia0.30.10.51.363.0%
PakistanN/AN/AN/A1.20%
CambodiaN/A0.1N/A0.9200.0%
CameroonN/AN/AN/A0.70%
Others9.55.63.87.4-8.0%
Total20.916.219.062.644.1%

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from the United Arab Emirates in 2022:

  1. Iran (3153.8 tons)
  2. Cameroon (696.3 tons)
  3. Russia (506.7 tons)
  4. Egypt (437.6 tons)
  5. Iraq (402.0 tons)
  6. Vietnam (284.4 tons)
  7. Jordan (275.0 tons)
  8. Turkey (259.5 tons)
  9. Sudan (254.2 tons)
  10. Pakistan (217.7 tons)
  11. Cambodia (169.6 tons)
  12. Armenia (158.1 tons)
  13. India (156.0 tons)

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in the United Arab Emirates

Imports of wadding; other articles thereof, of man-made fibreses into the United Arab Emirates skyrocketed to 2K tons in 2022, picking up by 50% on the year before. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 62%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of wadding; other articles thereof, of man-made fibreses skyrocketed to $32M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea10.213.812.126.637.6%
India0.20.50.41.6100.0%
RomaniaN/AN/AN/A0.70%
RussiaN/AN/AN/A0.70%
China0.52.11.10.66.3%
ItalyN/AN/AN/A0.40%
Indonesia0.50.1N/A0.3-15.7%
Others0.40.51.21.035.7%
Total11.917.114.732.039.1%

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to the United Arab Emirates in 2022:

  1. South Korea (1073.6 tons)
  2. India (276.4 tons)
  3. China (179.4 tons)
  4. Romania (112.1 tons)
  5. Italy (89.8 tons)
  6. Russia (69.8 tons)
  7. Indonesia (59.6 tons)

Source: IndexBox Market Intelligence Platform

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