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

Contents:

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

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

The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $2,313 per ton in 2021, shrinking by -2.4% against the previous year. In general, the export price faced a abrupt descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by 40%. Over the period under review, the average export prices attained the maximum at $5,065 per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Kuwait ($2,493 per ton), while the average price for exports to the United Arab Emirates ($2,306 per ton) was amongst the lowest.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-1.7%).

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

In 2021, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $1,685 per ton, declining by -50.1% against the previous year. Over the period under review, the import price continues to indicate a sharp decline. The most prominent rate of growth was recorded in 2019 an increase of 76% against the previous year. The import price peaked at $13,520 per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($1,754 per ton), while the price for Taiwan (Chinese) stood at $1,222 per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by China (-6.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of man-made filament yarn (other than sewing thread), put up for retail sale exported from Saudi Arabia soared to 148 tons, with an increase of 18% compared with 2021. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 3,432% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale surged to $389K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,346%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Saudi Arabia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab EmiratesN/AN/A2590%
OmanN/A8.423.3177.4%
KuwaitN/AN/A8.70%
Tunisia33.4N/AN/A0%
OthersN/AN/AN/A0%
Total33.48.4291195.2%

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

  1. United Arab Emirates (112.2 tons)
  2. Oman (10.0 tons)
  3. Kuwait (3.5 tons)

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

Imports of man-made filament yarn (other than sewing thread), put up for retail sale into Saudi Arabia skyrocketed to 65 tons in 2021, growing by 82% against 2020 figures. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale declined significantly to $117K in 2021. Over the period under review, imports, however, continue to indicate a deep slump.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Saudi Arabia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
China50.822.210644.5%
Taiwan (Chinese)32.711.210.9-42.3%
Japan96.491.7N/A-4.9%
PakistanN/A14.3N/A0%
OthersN/AN/AN/A0%
Total180139117-19.4%

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

  1. China (60.3 tons)
  2. Taiwan (Chinese) (8.9 tons)

Source: IndexBox Market Intelligence Platform

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