Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Saudi Arabia - 2022

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Saudi Arabia (FOB) - 2022
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Saudi Arabia (CIF) - 2022
  3. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Saudi Arabia
  4. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Saudi Arabia

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Saudi Arabia (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $2,709 per ton in 2021, increasing by 14% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $2,825 per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($8,047 per ton), while the average price for exports to Turkey ($1,059 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Saudi Arabia (CIF) - 2022

In 2021, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $1,232 per ton, growing by 56% against the previous year. In general, the import price, however, showed a noticeable downturn. The import price peaked at $1,994 per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,599 per ton), while the price for Egypt ($886 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.7%), while the prices for the other major suppliers experienced a decline.

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Saudi Arabia

In 2022, the amount of felt; whether or not impregnated, coated, covered or laminateds exported from Saudi Arabia contracted rapidly to 220 tons, falling by -49.1% compared with the previous year's figure. Overall, exports recorded a significant curtailment. The smallest decline of -2.5% was in 2020.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds dropped dramatically to $689K in 2022. Over the period under review, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 7.6% against the previous year. As a result, the exports attained the peak of $3.6M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Saudi Arabia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Yemen66.450.61,699405.8%
Kuwait5191,9635291.0%
Oman643387157-50.6%
EgyptN/AN/A1330%
ChinaN/A7.297.01247.2%
Bahrain5.37.375.2276.7%
TurkeyN/AN/A44.00%
United Arab Emirates5766390.8-96.3%
Jordan1,5555180.7-97.9%
Spain10.845.9N/A325.0%
OthersN/A12.3-1,562.1-12800.0%
Total3,3763,6311,173-41.1%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Saudi Arabia in 2022:

  1. Yemen (843.1 tons)
  2. Kuwait (170.4 tons)
  3. Oman (55.3 tons)
  4. Egypt (51.1 tons)
  5. Turkey (41.6 tons)
  6. Bahrain (36.7 tons)
  7. China (30.4 tons)
  8. United Arab Emirates (0.6 tons)
  9. Jordan (0.6 tons)

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Saudi Arabia

In 2021, the amount of felt; whether or not impregnated, coated, covered or laminateds imported into Saudi Arabia shrank markedly to 2.7K tons, with a decrease of -24.2% against the previous year. In general, imports faced a abrupt curtailment. The smallest decline of -3.7% was in 2020.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds soared to $3.3M in 2021. The total import value increased at an average annual rate of +3.7% from 2019 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Saudi Arabia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
ChinaN/A0.31.6433.3%
EgyptN/AN/A0.90%
GreeceN/AN/A0.60%
Turkey2.31.9N/A-17.4%
Others0.80.60.3-38.8%
Total3.12.83.33.2%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Saudi Arabia in 2022:

  1. China (991.9 tons)
  2. Egypt (978.1 tons)
  3. Greece (608.8 tons)

Source: IndexBox Market Intelligence Platform

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