Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Pakistan - 2022
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Pakistan (CIF) - 2022
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Pakistan (FOB) - 2022
- Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Pakistan
- Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Pakistan
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Pakistan (CIF) - 2022
In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $3,319 per ton, approximately mirroring the previous year. Overall, the import price continues to indicate a slight increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 59% against the previous year. As a result, import price reached the peak level of $3,319 per ton; afterwards, it flattened through to 2022.
As there is only one major supplying country, the average price level is determined by prices for Bahrain.
From 2013 to 2022, the rate of growth in terms of prices for Iran amounted to +54.1% per year.
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Pakistan (FOB) - 2022
In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $818 per ton, flattening at the previous year. In general, the export price recorded a slight reduction. The growth pace was the most rapid in 2015 an increase of 58%. As a result, the export price reached the peak level of $999 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($8,286 per ton), while the average price for exports to Oman ($439 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 Spain (+33.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Pakistan
In 2022, purchases abroad of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses decreased by 0% to 6.7 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a abrupt descent. The smallest decline of 99.9% was in 2020.
In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses totaled $22K in 2022. Over the period under review, imports saw a noticeable contraction. The smallest decline of 99.9% was in 2020.
| Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | N/A | N/A | N/A | 22.4 | 0% |
| Spain | 8.3 | N/A | N/A | N/A | 0% |
| United Kingdom | 1.0 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 11.9 | N/A | N/A | N/A | 0% |
| Iran | 2.2 | N/A | N/A | N/A | 0% |
| Others | 1.7 | N/A | N/A | N/A | 0% |
| Total | 25.2 | N/A | N/A | 22.4 | -3.9% |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Pakistan in 2022:
- Bahrain (6.7 tons)
Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Pakistan
For the third consecutive year, Pakistan recorded decline in shipments abroad of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses, which decreased by 0% to 7 tons in 2022. Over the period under review, exports saw a precipitous decline. The smallest decline of -79.4% was in 2020.
In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses totaled $5.8K in 2022. Overall, exports showed a dramatic curtailment. The smallest decline of -70.1% was in 2020.
| Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 15.5 | 7.1 | N/A | 2.9 | -42.8% |
| Spain | 8.6 | N/A | N/A | 1.3 | -46.7% |
| Italy | 5.8 | 2.6 | N/A | 1.0 | -44.3% |
| United Arab Emirates | 0.6 | 0.9 | N/A | 0.3 | -20.6% |
| Afghanistan | 0.2 | 0.7 | N/A | 0.2 | 0.0% |
| Oman | 0.3 | 0.2 | N/A | 0.1 | -30.7% |
| Ireland | 5.7 | N/A | N/A | N/A | 0% |
| Others | 1.9 | N/A | N/A | N/A | 0% |
| Total | 38.5 | 11.5 | N/A | 5.8 | -46.8% |
Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres from Pakistan in 2022:
- Malaysia (5.5 tons)
- Italy (0.9 tons)
- United Arab Emirates (0.2 tons)
- Oman (0.2 tons)
- Spain (0.2 tons)
- Afghanistan (0.1 tons)
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