Price for Fibres; Synthetic Filament Tow, of Polypropylene in the United Arab Emirates - 2022
Contents:
- Price for Fibres; Synthetic Filament Tow, of Polypropylene in the United Arab Emirates (CIF) - 2022
- Price for Fibres; Synthetic Filament Tow, of Polypropylene in the United Arab Emirates (FOB) - 2022
- Imports of Fibres; Synthetic Filament Tow, of Polypropylene in the United Arab Emirates
- Exports of Fibres; Synthetic Filament Tow, of Polypropylene in the United Arab Emirates
Price for Fibres; Synthetic Filament Tow, of Polypropylene in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for fibres; synthetic filament tow, of polypropylene amounted to $178,556 per ton, increasing by 2,694% against the previous year. Overall, the import price continues to indicate a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Germany ($1,010,333 per ton), while the price for Italy ($5,800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fibres; Synthetic Filament Tow, of Polypropylene in the United Arab Emirates (FOB) - 2022
The average export price for fibres; synthetic filament tow, of polypropylene stood at $2,703 per ton in 2022, approximately equating the previous year. In general, the export price, however, saw a perceptible setback. The growth pace was the most rapid in 2013 an increase of 64% against the previous year. As a result, the export price attained the peak level of $6,145 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($12,484 per ton), while the average price for exports to Kenya ($2,617 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 Oman (+12.4%), while the prices for the other major destinations experienced a decline.
Imports of Fibres; Synthetic Filament Tow, of Polypropylene in the United Arab Emirates
In 2022, the amount of fibres; synthetic filament tow, of polypropylene imported into the United Arab Emirates contracted remarkably to 36 kg, which is down by -97.9% on 2021. Over the period under review, imports showed a dramatic decrease. The smallest decline of -29.7% was in 2020.
In value terms, imports of fibres; synthetic filament tow, of polypropylene contracted notably to $6.4K in 2022. Overall, imports showed a sharp setback. The smallest decline of -38.1% was in 2020.
| Import of Fibres; Synthetic Filament Tow, of Polypropylene in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 6.1 | 0% |
| United States | 11.5 | 9.7 | 0.9 | 0.3 | -70.3% |
| China | 0.9 | 1.4 | 1.3 | N/A | 20.2% |
| France | 2.4 | 0.5 | 2.6 | N/A | 4.1% |
| Oman | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Portugal | 1.8 | 1.4 | 1.6 | N/A | -5.7% |
| Italy | 8.3 | 0.2 | 0.8 | N/A | -69.0% |
| Saudi Arabia | 3.2 | 4.1 | 3.4 | N/A | 3.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.1 | 17.4 | 10.8 | 6.4 | -38.9% |
Top Suppliers of Fibres; Synthetic Filament Tow, of Polypropylene to the United Arab Emirates in 2022:
- United States (25.0 kg)
- Germany (6.0 kg)
- Italy (5.0 kg)
Exports of Fibres; Synthetic Filament Tow, of Polypropylene in the United Arab Emirates
In 2022, exports of fibres; synthetic filament tow, of polypropylene from the United Arab Emirates shrank notably to 35 tons, waning by -49.4% on the previous year's figure. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 9,189% against the previous year. As a result, the exports reached the peak of 70 tons, and then fell dramatically in the following year.
In value terms, exports of fibres; synthetic filament tow, of polypropylene reduced rapidly to $96K in 2022. Over the period under review, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 7,391%. As a result, the exports reached the peak of $189K, and then shrank rapidly in the following year.
| Export of Fibres; Synthetic Filament Tow, of Polypropylene in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 58.8 | 2.2 | 171 | 88.7 | 14.7% |
| Iran | 11.0 | 0.2 | 9.7 | 4.5 | -25.8% |
| Oman | 2.2 | 0.1 | 4.6 | 2.4 | 2.9% |
| Others | N/A | N/A | 3.2 | N/A | 0% |
| Total | 71.9 | 2.5 | 189 | 95.6 | 10.0% |
Top Export Markets for Fibres; Synthetic Filament Tow, of Polypropylene from the United Arab Emirates in 2022:
- Kenya (33.9 tons)
- Iran (1.3 tons)
- Oman (0.2 tons)
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