Price for Woven Fabrics of Artificial Staple Fibres in Bahrain - 2022

Contents:

  1. Price for Woven Fabrics of Artificial Staple Fibres in Bahrain (CIF) - 2022
  2. Price for Woven Fabrics of Artificial Staple Fibres in Bahrain (FOB) - 2022
  3. Imports of Woven Fabrics of Artificial Staple Fibres in Bahrain
  4. Exports of Woven Fabrics of Artificial Staple Fibres in Bahrain

Price for Woven Fabrics of Artificial Staple Fibres in Bahrain (CIF) - 2022

The average import price for woven fabrics of artificial staple fibres stood at $9.7 per square meter in 2022, which is down by -1.5% against the previous year. Over the period under review, the import price showed a mild setback. The most prominent rate of growth was recorded in 2019 an increase of 39%. The import price peaked at $12 per square meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Spain ($30 per square meter), while the price for Indonesia ($4.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Woven Fabrics of Artificial Staple Fibres in Bahrain (FOB) - 2022

In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $9.6 per square meter, stabilizing at the previous year. Over the period under review, the export price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2013 an increase of 26% against the previous year. Over the period under review, the average export prices attained the maximum at $14 per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($26 per square meter), while the average price for exports to the United States ($6.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Artificial Staple Fibres in Bahrain

After three years of growth, purchases abroad of woven fabrics of artificial staple fibres decreased by -1.9% to 223K square meters in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. Imports peaked at 227K square meters in 2021, and then dropped modestly in the following year.

In value terms, imports of woven fabrics of artificial staple fibres fell slightly to $2.2M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 62%. Over the period under review, imports of reached the peak figure at $2.2M in 2021, and then reduced slightly in the following year.

Import of Woven Fabrics of Artificial Staple Fibres in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey7611,0991,2221,15214.8%
China15046838832329.1%
Hong Kong SAR11717319618917.3%
Spain202256175144-10.7%
Indonesia0.10.69.815.3434.8%
Others59.294.725234479.8%
Total1,2902,0912,2442,16818.9%

Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Bahrain in 2022:

  1. Turkey (118.2K square meters)
  2. China (61.4K square meters)
  3. Hong Kong SAR (19.3K square meters)
  4. Spain (4.8K square meters)
  5. Indonesia (3.6K square meters)

Exports of Woven Fabrics of Artificial Staple Fibres in Bahrain

In 2022, shipments abroad of woven fabrics of artificial staple fibres was finally on the rise to reach 1.5K square meters for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a dramatic decrease. Over the period under review, the exports of hit record highs at 9.3K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of woven fabrics of artificial staple fibres rose notably to $15K in 2022. Over the period under review, exports, however, showed a precipitous shrinkage. The exports peaked at $82K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Woven Fabrics of Artificial Staple Fibres in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States29.311.67.78.0-35.1%
Saudi Arabia1.30.41.81.67.2%
SpainN/AN/AN/A0.70%
Turkey1.21.00.60.6-20.6%
Kuwait1.21.00.60.6-20.6%
Hong Kong SAR46.1N/AN/AN/A0%
Others2.41.52.73.18.9%
Total81.515.513.514.5-43.8%

Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Bahrain in 2022:

  1. United States (1288.0 square meters)
  2. Saudi Arabia (61.0 square meters)
  3. Kuwait (44.0 square meters)
  4. Spain (39.0 square meters)
  5. Turkey (26.0 square meters)

Source: IndexBox Market Intelligence Platform

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