Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Egypt - 2024

Contents:

  1. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Egypt (FOB) - 2024
  2. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Egypt (CIF) - 2022
  3. Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Egypt
  4. Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Egypt

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Egypt (FOB) - 2024

In December 2023, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $6,713 per ton, approximately reflecting the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level of $6,713 per ton, leveling off in the following month.

Average prices varied noticeably for the major external markets. In December 2023, the country with the highest price was Turkey ($6,713 per ton), while the average price for exports to Brazil stood at $6,713 per ton.

From November 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (0.0%).

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Egypt (CIF) - 2022

The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $8,838 per ton in 2022, reducing by -3.9% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2015 an increase of 155%. Over the period under review, average import prices reached the peak figure at $10,779 per ton 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 Sri Lanka ($8,839 per ton), while the price for China ($8,839 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Egypt

For the fourth consecutive year, Egypt recorded growth in overseas shipments of man-made filament yarn (other than sewing thread), put up for retail sale, which increased by 95% to 2.4K tons in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 2,216% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale skyrocketed to $17M in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 3,773% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/A8.78.116.437.3%
Others0.20.10.60.1-20.6%
Total0.28.98.716.5335.3%

Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Egypt in 2022:

  1. Turkey (2.4K tons)

Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Egypt

In 2022, the amount of man-made filament yarn (other than sewing thread), put up for retail sale imported into Egypt fell markedly to 15 tons, declining by -57.3% compared with the year before. In general, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 74%.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale reduced notably to $136K in 2022. Overall, imports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 89%.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China37015213569.8-42.6%
Sri LankaN/AN/AN/A48.40%
Turkey69.415.7N/A17.6-36.7%
India327N/AN/AN/A0%
Pakistan46.9N/AN/AN/A0%
Others0.47.91960.1-37.0%
Total814175331136-44.9%

Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Egypt in 2022:

  1. China (7.9 tons)
  2. Sri Lanka (5.5 tons)
  3. Turkey (2.0 tons)

Source: IndexBox Market Intelligence Platform

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