Price for Fibres; Synthetic Filament Tow, of Polyesters in Egypt - 2023

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Egypt (CIF) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Polyesters in Egypt (FOB) - 2022
  3. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Egypt
  4. Exports of Fibres; Synthetic Filament Tow, of Polyesters in Egypt

Price for Fibres; Synthetic Filament Tow, of Polyesters in Egypt (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $2,444 per ton, surging by 2% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 fibres; synthetic filament tow, of polyesterses increased by +31.6% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of 45%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +13.7% per year.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Egypt (FOB) - 2022

The average export price for fibres; synthetic filament tow, of polyesterses stood at $3,293 per ton in 2022, falling by -58.6% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 126% against the previous year. As a result, the export price attained the peak level of $7,944 per ton, and then reduced sharply in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Syrian Arab Republic ($3,361 per ton), while the average price for exports to Turkey amounted to $3,211 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.5%).

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Egypt

In 2022, approx. 18 tons of fibres; synthetic filament tow, of polyesterses were imported into Egypt; dropping by -66.7% against the year before. In general, imports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. As a result, imports reached the peak of 55 tons, and then dropped rapidly in the following year.

In value terms, imports of fibres; synthetic filament tow, of polyesterses dropped sharply to $45K in 2022. Overall, imports saw a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 160% against the previous year. As a result, imports reached the peak of $132K, and then declined markedly in the following year.

Import of Fibres; Synthetic Filament Tow, of Polyesters in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)39.424.562.944.84.4%
South Korea5.12.25.1N/A0.0%
China24.19.528.5N/A8.7%
Indonesia17.88.622.2N/A11.7%
Turkey13.35.712.8N/A-1.9%
Others0.30.10.2N/A-18.4%
Total10050.613244.8-23.5%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Egypt in 2022:

  1. Taiwan (Chinese) (18.3 tons)

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Egypt

In 2022, after two years of decline, there was significant growth in shipments abroad of fibres; synthetic filament tow, of polyesterses, when their volume increased by 93% to 16 tons. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fibres; synthetic filament tow, of polyesterses shrank rapidly to $52K in 2022. Over the period under review, exports, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 67%.

Export of Fibres; Synthetic Filament Tow, of Polyesters in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey64.425.814.429.2-23.2%
Syrian Arab Republic14.113.09.022.416.7%
OthersN/AN/A41.60.3-99.3%
Total78.538.865.051.9-12.9%

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Egypt in 2022:

  1. Turkey (9.1 tons)
  2. Syrian Arab Republic (6.7 tons)

Source: IndexBox Market Intelligence Platform

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