Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Bahrain - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Bahrain (CIF) - 2022
  2. Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Bahrain

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Bahrain (CIF) - 2022

The average import price for fibres; synthetic filament tow, acrylic or modacrylics stood at $9,525 per ton in 2022, declining by -4.1% against the previous year. In general, the import price, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of 153%. As a result, import price attained the peak level of $11,536 per ton. From 2019 to 2022, the average 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 Arab Emirates ($6,936 per ton), while the price for China totaled $853 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.3%).

Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Bahrain

In 2022, after two years of decline, there was significant growth in supplies from abroad of fibres; synthetic filament tow, acrylic or modacrylics, when their volume increased by 11% to 2.5 tons. Overall, imports, however, faced a deep setback.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics stood at $5.6K in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 3.7% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.54.04.04.0100.0%
China2.71.31.51.6-16.0%
Others1.9N/AN/AN/A0%
Total5.15.25.45.63.2%

Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Bahrain in 2022:

  1. China (1.9 tons)
  2. United Arab Emirates (0.6 tons)

Source: IndexBox Market Intelligence Platform

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