Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Qatar - 2023

Contents:

1. Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Qatar (CIF) - 2023
2. Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Qatar (FOB) - 2022
3. Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Qatar
4. Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Qatar

Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Qatar (CIF) - 2023

The average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $1,239 per ton in December 2023, with a decrease of -7.4% against the previous month. In general, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 157% m-o-m. As a result, import price reached the peak level of $9,927 per ton. From March 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($10,296 per ton), while the price for China totaled $1,097 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Qatar (FOB) - 2022

The average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $2,088 per ton in 2022, reducing by -93.1% against the previous year. In general, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 3,380%. As a result, the export price attained the peak level of $121,414 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($114,109 per ton), while the average price for exports to France totaled $36,212 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+54.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Qatar

Imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings into Qatar skyrocketed to 1.2K tons in 2022, rising by 19% on the year before. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings expanded sharply to $3M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern.

Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Qatar in 2022:

1. China (815.5 tons)
2. Thailand (145.5 tons)
3. Taiwan (Chinese) (71.9 tons)
4. Germany (66.1 tons)
5. Turkey (40.8 tons)
6. Malaysia (24.5 tons)
7. India (23.7 tons)
8. United Kingdom (4.5 tons)
9. Japan (3.4 tons)

Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Qatar

Exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings from Qatar surged to 37 tons in 2022, growing by 3,938% against 2021. Overall, exports showed tangible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings surged to $76K in 2022. In general, exports, however, saw a precipitous decrease.

Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Qatar in 2022:

1. France (0.7 tons)
2. Oman (0.5 tons)

Source: IndexBox Market Intelligence Platform