Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Egypt - 2023

Contents:

  1. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Egypt (FOB) - 2022
  2. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Egypt (CIF) - 2022
  3. Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Egypt
  4. Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Egypt

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Egypt (FOB) - 2022

In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $19,986 per ton, picking up by 5.3% against the previous year. Over the period under review, the export price continues to indicate pronounced growth. The growth pace was the most rapid in 2015 when the average export price increased by 93%. The export price peaked in 2022 and is expected to retain growth in the near future.

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 the United States amounted to +29.6% per year.

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Egypt (CIF) - 2022

In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $9,755 per ton, rising by 2.6% against the previous year. In general, the import price, however, saw a pronounced slump. The pace of growth was the most pronounced in 2015 an increase of 68%. The import price peaked at $13,975 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 Portugal ($14,581 per ton), while the price for Italy ($9,228 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced a decline.

Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Egypt

In 2022, approx. 45 tons of yarn of carded wool, not put up for retail sale were exported from Egypt; increasing by 650% on 2021 figures. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of yarn of carded wool, not put up for retail sale skyrocketed to $893K in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey58.20.1N/A892148.4%
Syrian Arab Republic31.1N/AN/AN/A0%
United StatesN/A41.5113N/A172.3%
Others4.9N/A0.20.3-60.6%
Total94.241.6113893111.6%

Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Egypt in 2022:

  1. Turkey (44.7 tons)

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Egypt

In 2022, approx. 78 tons of yarn of carded wool, not put up for retail sale were imported into Egypt; increasing by 196% on 2021 figures. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn of carded wool, not put up for retail sale skyrocketed to $761K in 2022. Over the period under review, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey44.2107129531129.0%
PortugalN/AN/AN/A1120%
India23436.3N/A73.8-31.9%
Italy19135612144.3-38.6%
Others15.50.5N/AN/A-96.8%
Total48549925076116.2%

Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Egypt in 2022:

  1. Turkey (57.5 tons)
  2. India (8.0 tons)
  3. Portugal (7.7 tons)
  4. Italy (4.8 tons)

Source: IndexBox Market Intelligence Platform

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