Price for Fibres; Synthetic Filament Tow, of Polypropylene in Saudi Arabia - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polypropylene in Saudi Arabia (FOB) - 2022
  2. Exports of Fibres; Synthetic Filament Tow, of Polypropylene in Saudi Arabia

Price for Fibres; Synthetic Filament Tow, of Polypropylene in Saudi Arabia (FOB) - 2022

In 2021, the average export price for fibres; synthetic filament tow, of polypropylene amounted to $2,457 per ton, surging by 7.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 17% against the previous year. As a result, the export price attained the peak level of $3,066 per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Yemen amounted to +1.1% per year.

Exports of Fibres; Synthetic Filament Tow, of Polypropylene in Saudi Arabia

After two years of decline, shipments abroad of fibres; synthetic filament tow, of polypropylene increased by 16% to 1.1K tons in 2022. Overall, exports, however, showed a sharp descent.

In value terms, exports of fibres; synthetic filament tow, of polypropylene shrank dramatically to $1.5M in 2022. Over the period under review, exports, however, saw a significant decrease. The smallest decline of -16.4% was in 2020.

Export of Fibres; Synthetic Filament Tow, of Polypropylene in Saudi Arabia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Yemen5.34.51.2-52.4%
Jordan0.40.3N/A-25.0%
Others5.74.81.2-54.1%
Total11.59.62.4-54.3%

Top Export Markets for Fibres; Synthetic Filament Tow, of Polypropylene from Saudi Arabia in 2022:

  1. Yemen (478.8 tons)

Source: IndexBox Market Intelligence Platform

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