Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Saudi Arabia - 2022

Contents:

1. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Saudi Arabia (FOB) - 2022
2. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Saudi Arabia (CIF) - 2022
3. Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Saudi Arabia
4. Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Saudi Arabia

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Saudi Arabia (FOB) - 2022

The average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $464 per thousand square meters in 2021, stabilizing at the previous year. Overall, the export price, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 197%. Over the period under review, the average export prices attained the maximum at $2.5 per square meter in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($5 per square meter), while the average price for exports to Belgium ($382 per thousand square meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+793.8%).

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Saudi Arabia (CIF) - 2022

In 2021, the average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $723 per thousand square meters, which is down by -11.7% against the previous year. Overall, the import price showed a mild contraction. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. Over the period under review, average import prices attained the peak figure at $904 per thousand square meters in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($3 per square meter), while the price for China ($441 per thousand square meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Saudi Arabia

In 2022, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses from Saudi Arabia skyrocketed to 405K square meters, rising by 170% compared with the previous year. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,246% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses surged to $350K in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,164% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from Saudi Arabia in 2022:

1. Belgium (120.6K square meters)
2. United Arab Emirates (29.4K square meters)
3. Bahrain (0.1K square meters)

Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Saudi Arabia

In 2021, the amount of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses imported into Saudi Arabia surged to 75M square meters, rising by 22% on the previous year. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses rose markedly to $55M in 2021. The total import value increased at an average annual rate of +8.0% from 2019 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 8.2% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to Saudi Arabia in 2022:

1. China (48.7M square meters)
2. South Korea (13.3M square meters)
3. Vietnam (7.0M square meters)
4. Japan (2.9M square meters)
5. Indonesia (2.5M square meters)

Source: IndexBox Market Intelligence Platform