Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Saudi Arabia - 2022
Contents:
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Saudi Arabia (CIF) - 2022
- Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Saudi Arabia
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Saudi Arabia (CIF) - 2022
The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $20 per square meter in 2021, increasing by 102% against the previous year. Overall, the import price recorded a resilient expansion. The growth pace was the most rapid in 2019 when the average import price increased by 316%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($27 per square meter), while the price for Italy stood at $21 per square meter.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Saudi Arabia
In 2021, after two years of growth, there was significant decline in overseas purchases of woven fabrics of combed wool or of combed fine animal hair, when their volume decreased by -64.6% to 146K square meters. Over the period under review, imports recorded a slight reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 171% against the previous year. As a result, imports attained the peak of 412K square meters, and then fell rapidly in the following year.
In value terms, imports of woven fabrics of combed wool or of combed fine animal hair plummeted to $3M in 2021. Overall, total imports indicated a modest increase from 2019 to 2021: its value increased at an average annual rate of +1.2% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +2.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 43% against the previous year. As a result, imports reached the peak of $4.1M, and then contracted remarkably in the following year.
| Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Italy | 1.7 | 2.9 | 2.2 | 13.8% | |
| United Kingdom | 1.0 | 0.9 | 0.6 | -22.5% | |
| Others | 0.2 | 0.3 | 0.2 | 0.0% | |
| Total | 2.9 | 4.1 | 3.0 | 1.7% | |
Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Saudi Arabia in 2022:
- Italy (106.0K square meters)
- United Kingdom (21.5K square meters)
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