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

Contents:

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

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

In 2022, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $13 per square meter, with a decrease of -12.1% against the previous year. Overall, the import price, however, enjoyed mild growth. The growth pace was the most rapid in 2015 an increase of 163% against the previous year. Over the period under review, average import prices reached the peak figure at $14 per square meter in 2021, and then fell in the following year.

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 Italy ($14 per square meter), while the price for Spain ($8.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for woven fabrics of combed wool or of combed fine animal hair amounted to $15 per square meter, increasing by 14% against the previous year. Over the period under review, the export price recorded a pronounced increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 202% against the previous year. The export price peaked at $16 per square meter in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Palestine ($16 per square meter), while the average price for exports to Sudan ($12 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 Turkey (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

After two years of decline, purchases abroad of woven fabrics of combed wool or of combed fine animal hair increased by 50% to 120K square meters in 2022. In general, imports, however, saw a sharp downturn. Imports peaked at 1.8M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $1.5M in 2022. Over the period under review, imports, however, faced a precipitous decline. Over the period under review, imports of hit record highs at $20M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy15.81.11.01.3-56.5%
China1.9N/AN/A0.2-52.8%
Spain1.10.4N/AN/A-63.6%
Turkey0.30.4N/AN/A33.3%
Others0.90.30.1N/A-66.7%
Total19.92.21.11.5-57.8%

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

  1. Italy (94.6K square meters)
  2. China (21.6K square meters)
  3. Spain (2.4K square meters)

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

In 2022, exports of woven fabrics of combed wool or of combed fine animal hair from Egypt declined sharply to 8K square meters, with a decrease of -88.3% compared with the year before. Overall, exports faced a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 305% against the previous year. As a result, the exports reached the peak of 68K square meters, and then declined significantly in the following year.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair declined markedly to $116K in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 262%. As a result, the exports reached the peak of $871K, and then declined rapidly in the following year.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/A4.6N/A110389.0%
PalestineN/A3.01.04.826.5%
Jordan46.94.8N/AN/A-89.8%
Syrian Arab RepublicN/AN/A869N/A0%
United Kingdom18.1N/AN/AN/A0%
Tunisia4.2N/AN/AN/A0%
Italy42.5N/A0.2N/A-93.1%
EritreaN/A41.5N/AN/A0%
TurkeyN/A161N/AN/A0%
Others23.925.80.51.0-65.3%
Total136241871116-5.2%

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

  1. Saudi Arabia (7.6K square meters)
  2. Palestine (0.3K square meters)

Source: IndexBox Market Intelligence Platform

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