Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United Arab Emirates - 2022

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United Arab Emirates (FOB) - 2022
2. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United Arab Emirates (CIF) - 2022
3. Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United Arab Emirates
4. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United Arab Emirates

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United Arab Emirates (FOB) - 2022

The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $651 per ton in 2022, shrinking by -3.9% against the previous year. Over the period under review, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 19%. The export price peaked at $1,088 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($981 per ton), while the average price for exports to India ($397 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 Egypt (+12.2%), while the prices for the other major destinations experienced a decline.

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $727 per ton, increasing by 26% against the previous year. In general, the import price, however, showed a perceptible contraction. The growth pace was the most rapid in 2019 an increase of 488%. As a result, import price reached the peak level of $2,207 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,255 per ton), while the price for Pakistan ($556 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United Arab Emirates

In 2022, overseas shipments of waste (including noils, yarn waste and garnetted stock), of man-made fibreses were finally on the rise to reach 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses surged to $867K in 2022. In general, exports enjoyed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from the United Arab Emirates in 2022:

1. India (630.5 tons)
2. Turkey (438.9 tons)
3. Italy (151.7 tons)
4. Belgium (102.8 tons)

Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United Arab Emirates

In 2022, the amount of waste (including noils, yarn waste and garnetted stock), of man-made fibreses imported into the United Arab Emirates surged to 742 tons, rising by 234% against 2021 figures. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 936% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses skyrocketed to $540K in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to the United Arab Emirates in 2022:

1. Pakistan (460.8 tons)
2. Malaysia (261.0 tons)
3. India (19.1 tons)

Source: IndexBox Market Intelligence Platform