Saudi Arabia - High-Tenacity Filament Yarn Of Polyesters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for High-Tenacity Filament Polyester Yarn in Saudi Arabia - 2021
Contents:
- Price for High-Tenacity Filament Polyester Yarn in Saudi Arabia (CIF) - 2022
- Price for High-Tenacity Filament Polyester Yarn in Saudi Arabia (FOB) - 2022
- Imports of High-Tenacity Filament Polyester Yarn in Saudi Arabia
- Exports of High-Tenacity Filament Polyester Yarn in Saudi Arabia
Price for High-Tenacity Filament Polyester Yarn in Saudi Arabia (CIF) - 2022
In 2022, the average high-tenacity filament polyester yarn import price amounted to $1,396 per ton, dropping by -14.4% against the previous year. Overall, the import price saw a abrupt downturn. The growth pace was the most rapid in 2021 when the average import price increased by 34% against the previous year. Over the period under review, average import prices reached the maximum at $3,510 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,059 per ton), while the price for Taiwan (Chinese) ($1,067 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-5.1%), while the prices for the other major suppliers experienced a decline.
Price for High-Tenacity Filament Polyester Yarn in Saudi Arabia (FOB) - 2022
In 2022, the average high-tenacity filament polyester yarn export price amounted to $1,432 per ton, rising by 22% against the previous year. In general, the export price, however, showed a deep slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 71% against the previous year. As a result, the export price reached the peak level of $2,954 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
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 Portugal ($5,649 per ton), while the average price for exports to France ($117 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 Portugal (+9.5%), while the prices for the other major destinations experienced a decline.
Imports of High-Tenacity Filament Polyester Yarn in Saudi Arabia
In 2022, the amount of high-tenacity filament yarn of polyesters imported into Saudi Arabia soared to 3.7K tons, jumping by 16% on 2021 figures. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 100% against the previous year. As a result, imports attained the peak of 4.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, high-tenacity filament polyester yarn imports reduced modestly to $5.1M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 51% against the previous year.
Import of High-Tenacity Filament Polyester Yarn in Saudi Arabia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.9 | 4.9 | 4.8 | 4.3 | 14.0% |
Taiwan (Chinese) | N/A | N/A | N/A | 0.2 | 0% |
South Korea | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.5 | 0.2 | 0.4 | 0.6 | 6.3% |
Total | 3.4 | 5.1 | 5.2 | 5.1 | 14.5% |
Top Suppliers of High-Tenacity Filament Polyester Yarn to Saudi Arabia in 2022:
- China (3253.3 tons)
- Taiwan (Chinese) (161.2 tons)
- South Korea (73.6 tons)
Exports of High-Tenacity Filament Polyester Yarn in Saudi Arabia
In 2022, after three years of growth, there was significant decline in overseas shipments of high-tenacity filament yarn of polyesters, when their volume decreased by -23.7% to 75 tons. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 97% against the previous year. As a result, the exports attained the peak of 98 tons, and then contracted significantly in the following year.
In value terms, high-tenacity filament polyester yarn exports dropped to $107K in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of $116K, and then shrank in the following year.
Export of High-Tenacity Filament Polyester Yarn in Saudi Arabia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 62.0 | 69.8 | 82.2 | 80.9 | 9.3% |
United Arab Emirates | 7.2 | 7.6 | 8.4 | 7.7 | 2.3% |
Australia | 6.1 | 5.6 | 5.4 | 4.3 | -11.0% |
Kuwait | 3.9 | 4.1 | 4.6 | 4.3 | 3.3% |
Morocco | 4.0 | 3.9 | 4.1 | 3.5 | -4.4% |
Turkey | 1.9 | 1.9 | 2.0 | 1.8 | -1.8% |
Netherlands | 1.9 | 1.7 | 1.6 | 1.2 | -14.2% |
United Kingdom | 1.3 | 1.1 | 1.0 | 0.8 | -14.9% |
France | 0.7 | 0.6 | 0.6 | 0.5 | -10.6% |
Spain | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
Rwanda | N/A | N/A | 2.7 | N/A | 0% |
Others | 2.9 | 2.7 | 2.7 | 2.1 | -10.2% |
Total | 92.0 | 99.3 | 116 | 107 | 5.2% |
Top Export Markets for High-Tenacity Filament Polyester Yarn from Saudi Arabia in 2022:
- Morocco (17.4 tons)
- United Arab Emirates (15.2 tons)
- Portugal (14.3 tons)
- Australia (5.9 tons)
- Kuwait (5.4 tons)
- France (4.0 tons)
- Netherlands (4.0 tons)
- Turkey (2.0 tons)
- Spain (1.4 tons)
- United Kingdom (1.3 tons)
This report provides an in-depth analysis of the market for high-tenacity filament polyester yarn in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20601260 - High-tenacity filament yarn of polyesters (excluding that put up for retail sale)
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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