Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Qatar - 2024

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Qatar (CIF) - 2022
2. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Qatar

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Qatar (CIF) - 2022

In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $718 per ton, which is down by -2.4% against the previous year. In general, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 95% against the previous year. The import price peaked at $1,760 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -1.0% per year.

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Qatar

In 2022, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses into Qatar skyrocketed to 411 tons, growing by 22% against the previous year. In general, imports posted resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses surged to $295K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 69%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Qatar in 2022:

1. Turkey (411.3 tons)

Source: IndexBox Market Intelligence Platform