Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Egypt - 2023

Contents:

1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Egypt (FOB) - 2022
2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Egypt (CIF) - 2022
3. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Egypt
4. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Egypt

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Egypt (FOB) - 2022

In 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $22 per square meter, picking up by 34% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2020 an increase of 223% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Palestine ($25 per square meter), while the average price for exports to Jordan ($16 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 Syrian Arab Republic (+48.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Egypt (CIF) - 2022

In 2022, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $14 per square meter, which is down by -16.2% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 50% against the previous year. Over the period under review, average import prices attained the maximum at $17 per square meter in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($14 per square meter), while the price for Italy amounted to $14 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Egypt

For the third consecutive year, Egypt recorded decline in shipments abroad of woven fabrics of carded wool or of carded fine animal hair, which decreased by -25.4% to 31K square meters in 2022. Overall, exports continue to indicate a precipitous contraction. Over the period under review, the exports of hit record highs at 294K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair dropped to $703K in 2022. In general, exports continue to indicate a precipitous decline. The exports peaked at $1.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Egypt in 2022:

1. Iraq (13.9K square meters)
2. Turkey (9.7K square meters)
3. Palestine (7.4K square meters)
4. Jordan (0.1K square meters)

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Egypt

For the third year in a row, Egypt recorded decline in purchases abroad of woven fabrics of carded wool or of carded fine animal hair, which decreased by -12.9% to 33K square meters in 2022. In general, imports saw a sharp contraction. Imports peaked at 223K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair contracted sharply to $462K in 2022. Over the period under review, imports continue to indicate a dramatic descent. The smallest decline of -16.2% was in 2021. Imports peaked at $2.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Egypt in 2022:

1. China (18.7K square meters)
2. Italy (14.6K square meters)

Source: IndexBox Market Intelligence Platform