Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Saudi Arabia - 2022
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Saudi Arabia (FOB) - 2022
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Saudi Arabia
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Saudi Arabia (FOB) - 2022
The average export price for wadding; other articles thereof, of man-made fibreses stood at $1,985 per ton in 2021, increasing by 42% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 136% against the previous year. The export price peaked at $2,006 per ton in 2017; afterwards, it flattened through to 2021.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($3,158 per ton), while the average price for exports to the United Arab Emirates ($1,274 per ton) was amongst the lowest.
From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+49.2%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Saudi Arabia
In 2022, the amount of wadding; other articles thereof, of man-made fibreses exported from Saudi Arabia declined notably to 45 tons, falling by -82.9% on the previous year. Overall, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 114% against the previous year. As a result, the exports attained the peak of 260 tons, and then dropped markedly in the following year.
In value terms, exports of wadding; other articles thereof, of man-made fibreses contracted rapidly to $284K in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 204%. As a result, the exports reached the peak of $516K, and then shrank significantly in the following year.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Bahrain | 51.6 | 78.7 | 152 | 71.6% |
| Jordan | 10.2 | N/A | 60.7 | 143.9% |
| United Arab Emirates | N/A | N/A | 37.4 | 0% |
| Qatar | N/A | N/A | 7.0 | 0% |
| Kuwait | N/A | 6.1 | 0.9 | -85.2% |
| Others | 61.8 | 84.8 | 258 | 104.3% |
| Total | 124 | 170 | 516 | 104.0% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Saudi Arabia in 2022:
- Bahrain (58.2 tons)
- Jordan (40.1 tons)
- United Arab Emirates (29.4 tons)
- Qatar (2.2 tons)
- Kuwait (0.2 tons)
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