Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Egypt - 2023
Contents:
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Egypt (CIF) - 2023
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Egypt (FOB) - 2022
- Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Egypt
- Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Egypt
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Egypt (CIF) - 2023
The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $2,468 per ton in December 2023, surging by 6.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 20% month-to-month. The import price peaked at $3,072 per ton in April 2023; however, from May 2023 to December 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Austria ($2,718 per ton), while the price for Indonesia ($2,092 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Austria (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Egypt (FOB) - 2022
The average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $9,060 per ton in 2021, almost unchanged from the previous year. Overall, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 78%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($9,062 per ton), while the average price for exports to Turkey ($9,059 per ton) was amongst the lowest.
From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Egypt
Imports of artificial staple fibres, not carded, combed or otherwise processed for spinning into Egypt soared to 4.2K tons in 2022, jumping by 16% compared with the previous year. Over the period under review, imports, however, saw a abrupt slump.
In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning skyrocketed to $11M in 2022. In general, imports, however, recorded a deep downturn.
| Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.7 | 3.4 | 3.0 | 3.9 | -11.9% |
| Austria | 4.2 | 2.2 | 1.4 | 3.6 | -5.0% |
| United States | N/A | N/A | 0.4 | 1.9 | 375.0% |
| Indonesia | 4.2 | 1.1 | 1.6 | 1.0 | -38.0% |
| Turkey | N/A | N/A | 0.1 | 0.4 | 300.0% |
| India | 0.2 | 0.1 | 0.1 | 0.4 | 26.0% |
| Singapore | N/A | 0.2 | 0.8 | N/A | 300.0% |
| Others | 0.3 | 0.4 | 1.3 | 0.1 | -30.7% |
| Total | 14.7 | 7.3 | 8.7 | 11.3 | -8.4% |
Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Egypt in 2022:
- China (1532.7 tons)
- Austria (1337.5 tons)
- United States (631.7 tons)
- Indonesia (416.1 tons)
- Turkey (146.4 tons)
- India (142.3 tons)
Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Egypt
In 2021, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning from Egypt was estimated at 12 tons, stabilizing at the year before. Overall, exports continue to indicate a sharp curtailment. The smallest decline of 99.9% was in 2020.
In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $108K in 2021. In general, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2021 and are likely to see steady growth in the immediate term.
| Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Turkey | N/A | N/A | 57.8 | 0% | |
| Saudi Arabia | 10.7 | N/A | 30.2 | 68.0% | |
| Italy | 6.5 | N/A | 16.2 | 57.9% | |
| Libya | 7.8 | N/A | N/A | 0% | |
| Netherlands | 11.7 | N/A | N/A | 0% | |
| Others | N/A | N/A | 3.3 | 0% | |
| Total | 36.6 | N/A | 108 | 71.8% | |
Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Egypt in 2022:
- Turkey (6.4 tons)
- Saudi Arabia (3.3 tons)
- Italy (1.8 tons)
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