Price for Wadding; Other Articles Thereof, of Cotton in the United Arab Emirates - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, of Cotton in the United Arab Emirates (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, of Cotton in the United Arab Emirates (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, of Cotton in the United Arab Emirates
  4. Exports of Wadding; Other Articles Thereof, of Cotton in the United Arab Emirates

Price for Wadding; Other Articles Thereof, of Cotton in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for wadding; other articles thereof, of cotta amounted to $6,292 per ton, reducing by -5.3% against the previous year. Overall, the import price recorded a mild setback. The pace of growth appeared the most rapid in 2020 an increase of 28% against the previous year. Over the period under review, average import prices attained the peak figure at $8,430 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($7,529 per ton), while the price for India ($4,549 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Cotton in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, of cotta amounted to $6,360 per ton, growing by 15% against the previous year. Over the period under review, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 162%. The export price peaked at $9,364 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($6,536 per ton), while the average price for exports to Tanzania ($595 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 Saudi Arabia (+34.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, of Cotton in the United Arab Emirates

In 2022, imports of wadding; other articles thereof, of cotta into the United Arab Emirates was estimated at 1.6K tons, surging by 5.8% against 2021 figures. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of wadding; other articles thereof, of cotta amounted to $9.9M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 10% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Wadding; Other Articles Thereof, of Cotton in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.02.83.44.026.0%
Italy3.54.13.53.1-4.0%
France1.30.81.20.9-11.5%
Turkey0.20.20.20.426.0%
Singapore0.2N/A0.10.314.5%
Poland0.30.40.50.30.0%
India0.30.10.30.30.0%
Thailand0.20.20.10.20.0%
Others0.40.50.60.3-9.1%
Total8.39.19.89.96.1%

Top Suppliers of Wadding; Other Articles Thereof, of Cotton to the United Arab Emirates in 2022:

  1. China (682.0 tons)
  2. Italy (413.8 tons)
  3. France (128.1 tons)
  4. Turkey (92.1 tons)
  5. India (59.5 tons)
  6. Poland (53.0 tons)
  7. Singapore (48.0 tons)
  8. Thailand (41.3 tons)

Exports of Wadding; Other Articles Thereof, of Cotton in the United Arab Emirates

In 2022, exports of wadding; other articles thereof, of cotta from the United Arab Emirates dropped to 617 tons, falling by -8.9% compared with the year before. In general, exports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 96% against the previous year. As a result, the exports reached the peak of 677 tons, and then declined in the following year.

In value terms, exports of wadding; other articles thereof, of cotta rose slightly to $3.9M in 2022. The total export value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Wadding; Other Articles Thereof, of Cotton in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman3.12.93.23.98.0%
CameroonN/AN/A0.1N/A0%
UgandaN/AN/AN/AN/A0%
Saudi Arabia0.10.10.2N/A41.4%
Others0.10.20.30.10.0%
Total3.43.23.73.94.7%

Top Export Markets for Wadding; Other Articles Thereof, of Cotton from the United Arab Emirates in 2022:

  1. Oman (590.4 tons)

Source: IndexBox Market Intelligence Platform

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