Egypt - Yarn Of Synthetic Or Artificial Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Egypt - Yarn Of Synthetic Or Artificial Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights

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Synthetic Yarn Price in Egypt - 2023

Contents:

  1. Synthetic Yarn Price in Egypt (CIF) - 2023
  2. Synthetic Yarn Price in Egypt (FOB) - 2023
  3. Synthetic Yarn Imports in Egypt
  4. Synthetic Yarn Exports in Egypt

Synthetic Yarn Price in Egypt (CIF) - 2023

The average synthetic yarn import price stood at $3,302 per ton in June 2023, dropping by -14.2% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average import price increased by 9.3% m-o-m. Over the period under review, average import prices reached the maximum at $4,013 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($8,744 per ton), while the price for China ($2,729 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Synthetic Yarn Price in Egypt (FOB) - 2023

In June 2023, the average synthetic yarn export price amounted to $6,146 per ton, with an increase of 51% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In June 2023, the countries with the highest prices were Turkey ($6,276 per ton) and Argentina ($5,357 per ton), while the average price for exports to Kenya ($5,357 per ton) and Syrian Arab Republic ($5,357 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Synthetic Yarn Imports in Egypt

In 2022, after two years of decline, there was significant growth in supplies from abroad of yarn of synthetic or artificial staple fibers, when their volume increased by 74% to 42K tons. Over the period under review, imports, however, showed a abrupt descent.

In value terms, synthetic yarn imports surged to $167M in 2022. In general, imports saw a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Synthetic Yarn in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.516.618.866.850.7%
Vietnam32.022.617.631.2-0.8%
Indonesia22.914.510.721.7-1.8%
India26.118.620.620.3-8.0%
Turkey14.614.312.814.80.5%
Pakistan0.40.10.74.7127.3%
PhilippinesN/A0.10.22.8429.2%
Uzbekistan1.61.93.62.19.5%
Others5.52.910.42.6-22.1%
Total12391.695.416710.7%

Top Suppliers of Synthetic Yarn to Egypt in 2022:

  1. China (21.0K tons)
  2. Vietnam (6.0K tons)
  3. India (4.8K tons)
  4. Indonesia (4.7K tons)
  5. Turkey (2.6K tons)
  6. Pakistan (1.2K tons)
  7. Philippines (0.7K tons)
  8. Uzbekistan (0.5K tons)

Synthetic Yarn Exports in Egypt

In 2022, the amount of yarn of synthetic or artificial staple fibers exported from Egypt skyrocketed to 7.3K tons, rising by 60% on 2021 figures. Over the period under review, exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 66%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, synthetic yarn exports soared to $38M in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 102%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Synthetic Yarn in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey11.07.712.726.033.2%
Syrian Arab RepublicN/AN/AN/A5.70%
Argentina2.51.72.41.0-26.3%
Kenya1.30.92.40.9-11.5%
Uganda0.10.20.40.8100.0%
BrazilN/AN/A0.40.650.0%
United Kingdom3.02.40.90.1-67.8%
Others1.81.810.52.613.0%
Total19.814.729.737.824.1%

Top Export Markets for Synthetic Yarn from Egypt in 2022:

  1. Turkey (5304.1 tons)
  2. Syrian Arab Republic (968.5 tons)
  3. Argentina (186.3 tons)
  4. Kenya (167.8 tons)
  5. Uganda (138.4 tons)
  6. Brazil (110.2 tons)
  7. United Kingdom (12.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the synthetic yarn market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13108210 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, n.p.r.s.
  • Prodcom 13108250 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, p.r.s.
  • Prodcom 13108320 - Yarn containing < .85 % by weight of polyester staple fibres (other than sewing thread), mixed with artificial fibres, n.p.r.s.
  • Prodcom 13108340 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), mixed with cotton, n.p.r.s.
  • Prodcom 13108380 - Other yarns, containing < .85 % by weight of synthetic staple fibres (other than sewing thread), n.p.r.s., n.e.c.
  • Prodcom 13108390 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), p.r.s.
  • Prodcom 131083Z0 - Yarn of synthetic staple fibres mixed with wool, n.p.r.s
  • Prodcom 13108410 - Yarn (other than sewing thread) of artificial staple fibres, n .p.r.s.
  • Prodcom 13108430 - Yarn (other than sewing thread) of artificial staple fibres, p.r.s.

Country coverage:

  • Egypt

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Egypt
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Yarn Of Synthetic Or Artificial Staple Fibers - Egypt