Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bahrain - 2022

Contents:

  1. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bahrain (FOB) - 2022
  2. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bahrain (CIF) - 2022
  3. Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bahrain
  4. Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bahrain

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bahrain (FOB) - 2022

In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $22,611 per ton, rising by 6.1% against the previous year. Overall, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 156% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +6.4% per year.

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bahrain (CIF) - 2022

The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $6,333 per ton in 2022, increasing by 22% against the previous year. Over the period under review, the import price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2015 an increase of 71%. As a result, import price attained the peak level of $12,482 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($19,000 per ton), while the price for Thailand ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+27.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bahrain

For the fourth consecutive year, Bahrain recorded growth in shipments abroad of man-made filament yarn (other than sewing thread), put up for retail sale, which increased by 8% to 54 kg in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 57%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale rose rapidly to $1.2K in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 99%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia4689311,0661,22137.7%
OthersN/AN/AN/AN/A0%
Total4689311,0661,22137.7%

Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Bahrain in 2022:

  1. Saudi Arabia (54.0 kg)

Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bahrain

For the third year in a row, Bahrain recorded decline in overseas purchases of man-made filament yarn (other than sewing thread), put up for retail sale, which decreased by -42.6% to 58 kg in 2022. In general, imports showed a precipitous decline. The smallest decline of -28.8% was in 2020.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale shrank rapidly to $324 in 2022. Overall, imports faced a precipitous shrinkage. The smallest decline of -45.1% was in 2020.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/A3,083N/A283-69.7%
Turkey14714554.019.0-49.4%
China7,8411,81524.09.0-89.5%
India24713920.04.0-74.7%
France86.067.037.03.0-67.3%
Taiwan (Chinese)81.049.08.02.0-70.9%
United States9641,2811192.0-87.2%
Lebanon1.01.01.01.00.0%
Thailand48.030.05.01.0-72.5%
JapanN/AN/A916N/A0%
Others2,76072.05.0N/A-95.7%
Total12,1756,6821,189324-70.1%

Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Bahrain in 2022:

  1. Saudi Arabia (49.0 kg)
  2. China (2.0 kg)
  3. Turkey (1.0 kg)
  4. Taiwan (Chinese) (1.0 kg)
  5. India (1.0 kg)
  6. Lebanon (1.0 kg)
  7. France (1.0 kg)
  8. United States (1.0 kg)
  9. Thailand (1.0 kg)

Source: IndexBox Market Intelligence Platform

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