Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Egypt - 2024

Contents:

1. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Egypt (CIF) - 2022
2. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Egypt (FOB) - 2022
3. Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Egypt
4. Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Egypt

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

In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $3,109 per ton, surging by 2.9% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 50% against the previous year. Over the period under review, average import prices hit record highs at $3,328 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($3,109 per ton) and Portugal ($3,109 per ton), while the price for Thailand ($3,109 per ton) and South Korea ($3,109 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for fibres; synthetic filament tow, acrylic or modacrylics stood at $3,742 per ton in 2021, jumping by 49% against the previous year. In general, the export price saw a mild expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Syrian Arab Republic.

From 2012 to 2021, the rate of growth in terms of prices for Pakistan amounted to +10.8% per year.

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

In 2022, supplies from abroad of fibres; synthetic filament tow, acrylic or modacrylics decreased by -46.6% to 4.9K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a noticeable descent. The growth pace was the most rapid in 2020 when imports increased by 100% against the previous year. As a result, imports attained the peak of 11K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics declined significantly to $15M in 2022. In general, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year.

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

1. Thailand (3506.0 tons)
2. Turkey (963.8 tons)
3. South Korea (206.7 tons)
4. China (176.1 tons)

Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Egypt

In 2021, approx. 19 tons of fibres; synthetic filament tow, acrylic or modacrylics were exported from Egypt; declining by -90.6% against 2020. In general, exports continue to indicate a dramatic setback. The smallest decline of -84% was in 2020.

In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics contracted markedly to $69K in 2021. Over the period under review, exports faced a precipitous setback. The smallest decline of -84.5% was in 2020.

Top Export Markets for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic from Egypt in 2022:

1. Syrian Arab Republic (18.5 tons)

Source: IndexBox Market Intelligence Platform