Price for Tents of Synthetic Fibres in Egypt - 2023

Contents:

1. Price for Tents of Synthetic Fibres in Egypt (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Egypt (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Egypt
4. Exports of Tents of Synthetic Fibres in Egypt

Price for Tents of Synthetic Fibres in Egypt (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $10,347 per ton, growing by 105% against the previous year. Over the period under review, the import price saw a measured increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 191% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bangladesh ($10,348 per ton) and China ($10,348 per ton), while the price for the Czech Republic ($10,340 per ton) and Germany ($10,346 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+28.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Synthetic Fibres in Egypt (FOB) - 2022

The average tents of synthetic fibres export price stood at $5,006 per ton in 2022, reducing by -12.4% against the previous year. Over the period under review, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 70,900%. As a result, the export price reached the peak level of $16,794 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($13,966 per ton), while the average price for exports to Libya ($4,110 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+26.4%), while the prices for the other major destinations experienced a decline.

Imports of Tents of Synthetic Fibres in Egypt

For the third consecutive year, Egypt recorded decline in purchases abroad of tents of synthetic fibreses, which decreased by -81.4% to 7.6 tons in 2022. Over the period under review, imports recorded a dramatic downturn. The smallest decline of -11.5% was in 2021.

In value terms, tents of synthetic fibres imports dropped rapidly to $78K in 2022. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 130% against the previous year. As a result, imports reached the peak of $323K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Tents of Synthetic Fibres to Egypt in 2022:

1. China (5.0 tons)
2. Bangladesh (1.6 tons)
3. Czech Republic (0.5 tons)
4. Germany (0.3 tons)

Exports of Tents of Synthetic Fibres in Egypt

For the third consecutive year, Egypt recorded decline in overseas shipments of tents of synthetic fibreses, which decreased by -58% to 519 kg in 2022. Overall, exports continue to indicate a sharp shrinkage.

In value terms, tents of synthetic fibres exports fell rapidly to $2.6K in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 28,915% against the previous year. As a result, the exports reached the peak of $57K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Tents of Synthetic Fibres from Egypt in 2022:

1. Libya (471.0 kg)
2. Lebanon (29.0 kg)
3. Sudan (19.0 kg)

Source: IndexBox Market Intelligence Platform