Price for Woven Fabrics of Artificial Staple Fibres in Algeria - 2022
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Algeria (CIF) - 2022
- Price for Woven Fabrics of Artificial Staple Fibres in Algeria (FOB) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in Algeria
- Exports of Woven Fabrics of Artificial Staple Fibres in Algeria
Price for Woven Fabrics of Artificial Staple Fibres in Algeria (CIF) - 2022
The average import price for woven fabrics of artificial staple fibres stood at $5 per square meter in 2022, with a decrease of -3.4% against the previous year. Over the period under review, the import price saw a noticeable contraction. The growth pace was the most rapid in 2017 an increase of 62% against the previous year. The import price peaked at $6.3 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5.1 per square meter), while the price for Spain ($1.9 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.7%), while the prices for the other major suppliers experienced a decline.
Price for Woven Fabrics of Artificial Staple Fibres in Algeria (FOB) - 2022
In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $8.8 per square meter, growing by 17% against the previous year. Over the period from 2021 to 2022, it increased at an average annual rate of +16.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2021 to 2022, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.
Imports of Woven Fabrics of Artificial Staple Fibres in Algeria
In 2022, approx. 11M square meters of woven fabrics of artificial staple fibres were imported into Algeria; surging by 13% on 2021. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 22%. As a result, imports attained the peak of 12M square meters. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of woven fabrics of artificial staple fibres rose sharply to $56M in 2022. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports of reached the maximum at $60M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
| Import of Woven Fabrics of Artificial Staple Fibres in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.9 | 58.1 | 48.1 | 52.8 | -1.3% |
| Spain | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
| Others | 1.4 | 1.9 | 2.7 | 2.6 | 22.9% |
| Total | 56.5 | 60.3 | 51.2 | 55.7 | -0.5% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Algeria in 2022:
- China (10.3M square meters)
- Spain (0.2M square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Algeria
Exports of woven fabrics of artificial staple fibres from Algeria dropped markedly to 230 square meters in 2022, falling by -17.9% against the previous year's figure. In general, exports faced a drastic downturn. Over the period under review, the exports of attained the maximum at 280 square meters in 2021, and then contracted significantly in the following year.
In value terms, exports of woven fabrics of artificial staple fibres shrank modestly to $2K in 2022. Overall, exports showed a pronounced reduction. Over the period under review, the exports of attained the maximum at $2.1K in 2021, and then reduced slightly in the following year.
| Export of Woven Fabrics of Artificial Staple Fibres in Algeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Turkey | N/A | 1,195 | 0% | ||
| France | 143 | N/A | 0% | ||
| Romania | 922 | N/A | 0% | ||
| Others | 1,038 | 824 | -20.6% | ||
| Total | 2,103 | 2,019 | -4.0% | ||
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Algeria in 2022:
- Turkey (175.0 square meters)
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