Price for Braids; in the Piece in the United Arab Emirates - 2021

Contents:

  1. Price for Braids; in the Piece in the United Arab Emirates (CIF) - 2022
  2. Price for Braids; in the Piece in the United Arab Emirates (FOB) - 2022
  3. Imports of Braids; in the Piece in the United Arab Emirates
  4. Exports of Braids; in the Piece in the United Arab Emirates

Price for Braids; in the Piece in the United Arab Emirates (CIF) - 2022

In 2022, the average braids; in the piece import price amounted to $7,511 per ton, dropping by -7.1% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braids; in the piece import price decreased by -29.8% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 26%. Over the period under review, average import prices reached the maximum at $10,705 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Japan ($18,865 per ton), while the price for Turkey ($4,723 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Braids; in the Piece in the United Arab Emirates (FOB) - 2022

The average braids; in the piece export price stood at $4,442 per ton in 2022, falling by -66% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 82%. The export price peaked at $16,157 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($16,636 per ton), while the average price for exports to Lebanon ($500 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 Ethiopia (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Braids; in the Piece in the United Arab Emirates

In 2022, approx. 121 tons of braids; in the pieces were imported into the United Arab Emirates; reducing by -59.3% against the previous year. In general, imports saw a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of 296 tons, and then dropped notably in the following year.

In value terms, braids; in the piece imports declined rapidly to $907K in 2022. Overall, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 1.5%.

Import of Braids; in the Piece in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China872831965289-30.8%
Germany2302363392756.1%
Thailand161117146152-1.9%
Japan30516410351.5-44.7%
India69468024723.1-67.8%
Taiwan (Chinese)6.816.626.022.348.6%
TurkeyN/A14.341.614.71.4%
Others44030152779.4-43.5%
Total2,7082,3602,396907-30.6%

Top Suppliers of Braids; in the Piece to the United Arab Emirates in 2022:

  1. China (50.7 tons)
  2. Thailand (32.0 tons)
  3. Germany (25.9 tons)
  4. Turkey (3.1 tons)
  5. Taiwan (Chinese) (2.8 tons)
  6. Japan (2.7 tons)
  7. India (2.1 tons)

Exports of Braids; in the Piece in the United Arab Emirates

In 2022, braids; in the piece exports from the United Arab Emirates skyrocketed to 44 tons, with an increase of 189% against 2021. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 202%. Over the period under review, the braids; in piece exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, braids; in the piece exports contracted to $194K in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 363% against the previous year. As a result, the exports attained the peak of $197K, and then fell slightly in the following year.

Export of Braids; in the Piece in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran48.99.728.666.811.0%
EthiopiaN/AN/AN/A56.00%
IraqN/AN/AN/A12.10%
LebanonN/AN/AN/A11.30%
BahrainN/AN/AN/A5.20%
Rwanda10.85.70.1N/A-90.4%
Others36.627.216942.34.9%
Total96.342.619719426.3%

Top Export Markets for Braids; in the Piece from the United Arab Emirates in 2022:

  1. Lebanon (22.6 tons)
  2. Iran (12.1 tons)
  3. Ethiopia (3.4 tons)
  4. Iraq (2.6 tons)
  5. Bahrain (0.9 tons)

Source: IndexBox Market Intelligence Platform

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