Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in the United Arab Emirates - 2022

Contents:

1. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in the United Arab Emirates (CIF) - 2022
2. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in the United Arab Emirates (FOB) - 2022
3. Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in the United Arab Emirates
4. Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in the United Arab Emirates

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in the United Arab Emirates (CIF) - 2022

The average import price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $2,430 per ton in 2022, with a decrease of -47.6% against the previous year. In general, the import price showed a perceptible descent. The growth pace was the most rapid in 2019 when the average import price increased by 36% against the previous year. As a result, import price attained the peak level of $4,646 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 the United States ($20,802 per ton), while the price for Indonesia ($1,530 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for twine, cordage or rope; knotted netting, of other than man-made textileses amounted to $2,229 per ton, waning by -14.8% against the previous year. Overall, the export price recorded a perceptible setback. The growth pace was the most rapid in 2021 when the average export price increased by 68% against the previous year. The export price peaked at $3,403 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($16,000 per ton), while the average price for exports to Uzbekistan ($762 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 the United States (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in the United Arab Emirates

Imports of twine, cordage or rope; knotted netting, of other than man-made textileses into the United Arab Emirates soared to 710 tons in 2022, rising by 254% compared with the previous year. Overall, imports continue to indicate 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 twine, cordage or rope; knotted netting, of other than man-made textileses surged to $1.7M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 155% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to the United Arab Emirates in 2022:

1. China (437.2 tons)
2. India (135.3 tons)
3. Indonesia (48.7 tons)
4. South Korea (34.6 tons)
5. Thailand (21.3 tons)
6. Pakistan (4.3 tons)
7. Spain (1.0 tons)
8. United States (0.5 tons)

Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded growth in overseas shipments of twine, cordage or rope; knotted netting, of other than man-made textileses, which increased by 39% to 281 tons in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 278% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses surged to $626K in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 95% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from the United Arab Emirates in 2022:

1. Iraq (137.7 tons)
2. Pakistan (91.5 tons)
3. Oman (28.0 tons)
4. Uzbekistan (8.4 tons)
5. Qatar (4.3 tons)

Source: IndexBox Market Intelligence Platform