Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Egypt - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Egypt (CIF) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Egypt (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Egypt
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Egypt
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Egypt (CIF) - 2022
The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $8,559 per ton in 2022, surging by 5.1% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wadding; other articles thereof, other than of cotton or man-made fibreses increased by +33.4% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 20%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($8,570 per ton) and Italy ($8,564 per ton), while the price for Germany ($8,357 per ton) and China ($8,559 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 (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Egypt (FOB) - 2022
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $8,474 per ton in 2022, with an increase of 9% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wadding; other articles thereof, other than of cotton or man-made fibreses increased by +18.8% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 46%. As a result, the export price reached the peak level of $10,555 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($8,475 per ton), while the average price for exports to Saudi Arabia stood at $8,426 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Egypt
In 2022, approx. 38 tons of wadding; other articles thereof, other than of cotton or man-made fibreses were imported into Egypt; falling by -58.7% compared with the previous year's figure. Over the period under review, imports continue to indicate a precipitous curtailment. The smallest decline of -24.3% was in 2020.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses dropped sharply to $322K in 2022. Overall, imports recorded a dramatic curtailment. The smallest decline of -16.1% was in 2020.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,043 | 1,085 | 375 | 127 | -50.4% |
| United States | 4.9 | 47.5 | 7.4 | 115 | 186.3% |
| Lebanon | N/A | N/A | 44.1 | 52.7 | 19.5% |
| Turkey | 20.0 | 2.9 | 3.3 | 15.9 | -7.4% |
| Italy | 85.1 | 2.2 | 8.6 | 4.7 | -61.9% |
| Thailand | 56.8 | N/A | N/A | N/A | 0% |
| Vietnam | 88.4 | N/A | N/A | N/A | 0% |
| Lithuania | N/A | N/A | 112 | N/A | 0% |
| Israel | 77.1 | 76.1 | 70.8 | N/A | -4.2% |
| Others | 79.0 | 6.8 | 120 | 7.0 | -55.4% |
| Total | 1,455 | 1,220 | 742 | 322 | -39.5% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Egypt in 2022:
- China (14.8 tons)
- United States (13.4 tons)
- Lebanon (6.2 tons)
- Turkey (1.9 tons)
- Italy (0.5 tons)
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Egypt
In 2022, shipments abroad of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -93.3% to 3.2 tons, falling for the second consecutive year after two years of growth. In general, exports saw a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 920%. As a result, the exports reached the peak of 103 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses reduced remarkably to $27K in 2022. Overall, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 813%. As a result, the exports reached the peak of $737K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | N/A | 26.3 | 0% |
| Libya | N/A | N/A | 368 | 0.5 | -99.9% |
| Nigeria | N/A | 732 | N/A | N/A | 0% |
| Denmark | 80.7 | N/A | N/A | N/A | 0% |
| Others | N/A | 4.7 | N/A | 0.1 | -85.4% |
| Total | 80.7 | 737 | 368 | 26.9 | -30.7% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Egypt in 2022:
- Saudi Arabia (3.1 tons)
- Libya (0.1 tons)
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