Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bahrain - 2022

Contents:

1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bahrain (CIF) - 2022
2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bahrain (FOB) - 2022
3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bahrain
4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bahrain

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bahrain (CIF) - 2022

The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $3,267 per ton in 2022, increasing by 11% against the previous year. In general, the import price, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 12%. Over the period under review, average import prices hit record highs at $5,385 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United Arab Emirates ($24,048 per ton), while the price for India ($2,182 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bahrain (FOB) - 2022

In 2022, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $3,492 per ton, stabilizing at the previous year. In general, the export price recorded noticeable growth. The growth pace was the most rapid in 2019 an increase of 163%. As a result, the export price attained the peak level of $8,038 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Tunisia.

From 2014 to 2022, the rate of growth in terms of prices for Pakistan amounted to +12.5% per year.

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bahrain

For the third consecutive year, Bahrain recorded decline in overseas purchases of artificial staple fibres, not carded, combed or otherwise processed for spinning, which decreased by -3.7% to 79 tons in 2022. Overall, imports continue to indicate a precipitous curtailment. The smallest decline of -3.6% was in 2021.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning rose significantly to $259K in 2022. In general, imports showed a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 7.5%.

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Bahrain in 2022:

1. Austria (74.7 tons)
2. Australia (3.6 tons)

Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bahrain

After two years of decline, shipments abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning decreased by 0% to 478 kg in 2022. In general, exports recorded a sharp reduction. 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 amounted to $1.7K in 2022. Over the period under review, exports showed a precipitous descent. The smallest decline of 99.9% was in 2020.

Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Bahrain in 2022:

1. Tunisia (478.0 kg)

Source: IndexBox Market Intelligence Platform