Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Egypt - 2024
Contents:
- Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Egypt (CIF) - 2022
- Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Egypt (FOB) - 2022
- Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Egypt
- Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Egypt
Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Egypt (CIF) - 2022
In 2022, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $2,994 per ton, increasing by 2.5% 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 2015 an increase of 73% against the previous year. The import price peaked at $4,041 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,994 per ton), while the price for India ($2,889 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Egypt (FOB) - 2022
The average export price for yarn of other vegetable textile fibres; paper yarns stood at $3,931 per ton in 2022, reducing by -41.7% against the previous year. Overall, the export price, however, showed a modest expansion. The growth pace was the most rapid in 2021 when the average export price increased by 44% against the previous year. As a result, the export price reached the peak level of $6,740 per ton, and then dropped significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($21,586 per ton), while the average price for exports to Nigeria ($1,489 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 Ghana (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Egypt
Imports of yarn of other vegetable textile fibres; paper yarns into Egypt skyrocketed to 138 tons in 2022, picking up by 20% compared with 2021 figures. Over the period under review, imports showed a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 131%. As a result, imports attained the peak of 228 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of yarn of other vegetable textile fibres; paper yarns soared to $413K in 2022. In general, imports continue to indicate modest growth. The most prominent rate of growth was recorded in 2020 with an increase of 87%. As a result, imports reached the peak of $746K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 199 | 315 | 335 | 392 | 25.4% |
| China | 111 | 2.7 | N/A | 21.2 | -42.4% |
| India | N/A | 396 | N/A | N/A | 0% |
| Turkey | 89.2 | 31.8 | N/A | N/A | -64.3% |
| Others | N/A | N/A | N/A | 0.3 | 0% |
| Total | 399 | 746 | 335 | 413 | 1.2% |
Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Egypt in 2022:
- Italy (130.8 tons)
- China (7.1 tons)
Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Egypt
For the third year in a row, Egypt recorded decline in shipments abroad of yarn of other vegetable textile fibres; paper yarns, which decreased by -16.4% to 35 tons in 2022. In general, exports saw a abrupt decrease. The smallest decline of -5.6% was in 2020.
In value terms, exports of yarn of other vegetable textile fibres; paper yarns dropped notably to $138K in 2022. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, the exports reached the peak of $284K, and then dropped significantly in the following year.
| Export of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 74.8 | 57.3 | 62.1 | 56.2 | -9.1% |
| Turkey | N/A | N/A | 20.0 | 25.4 | 27.0% |
| Ghana | N/A | N/A | N/A | 17.3 | 0% |
| Italy | 38.9 | 15.7 | N/A | 15.2 | -26.9% |
| United States | 53.5 | 88.0 | 155 | 13.7 | -36.5% |
| Austria | 10.6 | 15.3 | 15.5 | 2.4 | -39.1% |
| Nigeria | N/A | N/A | N/A | 2.4 | 0% |
| Costa Rica | 57.2 | N/A | N/A | N/A | 0% |
| Portugal | N/A | 61.7 | N/A | N/A | 0% |
| Others | 3.0 | 3.1 | 30.7 | 5.6 | 23.1% |
| Total | 238 | 241 | 284 | 138 | -16.6% |
Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from Egypt in 2022:
- Greece (16.9 tons)
- Ghana (10.4 tons)
- Italy (3.3 tons)
- Nigeria (1.6 tons)
- Turkey (1.4 tons)
- United States (0.6 tons)
- Austria (0.4 tons)
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