Price for Tents of Synthetic Fibres in Saudi Arabia - 2021

Contents:

1. Price for Tents of Synthetic Fibres in Saudi Arabia (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Saudi Arabia (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Saudi Arabia
4. Exports of Tents of Synthetic Fibres in Saudi Arabia

Price for Tents of Synthetic Fibres in Saudi Arabia (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $4,493 per ton, dropping by -20.6% against the previous year. In general, the import price, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 64% against the previous year. The import price peaked at $6,046 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 the United States ($52,298 per ton), while the price for Pakistan ($1,290 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 (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Synthetic Fibres in Saudi Arabia (FOB) - 2022

The average tents of synthetic fibres export price stood at $4,754 per ton in 2022, reducing by -46.5% against the previous year. Overall, the export price, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 193%. As a result, the export price reached the peak level of $8,889 per ton, and then fell dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nepal ($11,085 per ton), while the average price for exports to Democratic Republic of the Congo ($1,695 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 France (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Synthetic Fibres in Saudi Arabia

In 2022, purchases abroad of tents of synthetic fibreses was finally on the rise to reach 1.7K tons after two years of decline. In general, imports, however, saw a sharp reduction.

In value terms, tents of synthetic fibres imports contracted notably to $7.6M in 2022. Over the period under review, imports, however, faced a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year.

Top Suppliers of Tents of Synthetic Fibres to Saudi Arabia in 2022:

1. China (900.6 tons)
2. Pakistan (676.4 tons)
3. United States (50.8 tons)

Exports of Tents of Synthetic Fibres in Saudi Arabia

In 2022, approx. 37 tons of tents of synthetic fibreses were exported from Saudi Arabia; growing by 71% against the year before. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 209%. As a result, the exports reached the peak of 52 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, tents of synthetic fibres exports contracted to $174K in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 225% against the previous year.

Top Export Markets for Tents of Synthetic Fibres from Saudi Arabia in 2022:

1. France (15.3 tons)
2. Bahrain (2.8 tons)
3. Jordan (1.0 tons)
4. Nepal (0.6 tons)
5. Democratic Republic of the Congo (0.5 tons)
6. Morocco (0.5 tons)
7. New Zealand (0.5 tons)

Source: IndexBox Market Intelligence Platform