Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in the United Arab Emirates - 2022

Contents:

1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in the United Arab Emirates (FOB) - 2022
2. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in the United Arab Emirates (CIF) - 2022
3. Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in the United Arab Emirates
4. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in the United Arab Emirates

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in the United Arab Emirates (FOB) - 2022

The average export price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.4 per square meter in 2022, increasing by 15% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $0.4 per square meter in 2014; however, from 2015 to 2022, 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 the Netherlands ($2.2 per square meter), while the average price for exports to Ghana ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+48.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in the United Arab Emirates (CIF) - 2022

The average import price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.6 per square meter in 2022, jumping by 23% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $0.6 per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3.4 per square meter), while the price for Malaysia ($0.1 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 (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in the United Arab Emirates

For the third year in a row, the United Arab Emirates recorded decline in shipments abroad of fabrics, woven; from strip or the like, of synthetic textile materialses, which decreased by -79.7% to 18M square meters in 2022. Over the period under review, exports recorded a dramatic decline. The smallest decline of less than 0.1% was in 2021. The exports peaked at 121M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses declined notably to $7.2M in 2022. In general, exports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 8.6% against the previous year. The exports peaked at $37M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from the United Arab Emirates in 2022:

1. United States (11.5M square meters)
2. Australia (2.5M square meters)
3. Oman (1.0M square meters)
4. Pakistan (0.8M square meters)
5. Canada (0.5M square meters)
6. Ghana (0.3M square meters)
7. Belgium (0.3M square meters)
8. New Zealand (0.3M square meters)
9. United Kingdom (0.2M square meters)

Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in the United Arab Emirates

For the third consecutive year, the United Arab Emirates recorded decline in overseas purchases of fabrics, woven; from strip or the like, of synthetic textile materialses, which decreased by -88.1% to 5.1M square meters in 2022. Over the period under review, imports continue to indicate a sharp shrinkage. The smallest decline of -38% was in 2021. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses attained the maximum at 131M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses contracted remarkably to $2.9M in 2022. Overall, imports showed a significant curtailment. The smallest decline of -31.1% was in 2021. Imports peaked at $47M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to the United Arab Emirates in 2022:

1. China (1866.7K square meters)
2. India (1260.7K square meters)
3. Italy (998.8K square meters)
4. Turkey (295.9K square meters)
5. Malaysia (294.8K square meters)
6. United States (127.5K square meters)
7. Spain (90.8K square meters)

Source: IndexBox Market Intelligence Platform