United Arab Emirates: Artificial Filament Tow Market 2024

Artificial Filament Tow Market Size in the United Arab Emirates

The artificial filament tow market in the United Arab Emirates soared to $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Artificial Filament Tow Exports

Exports from the United Arab Emirates

Artificial filament tow exports from the United Arab Emirates skyrocketed to X tons in 2022, jumping by X% against the previous year. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, artificial filament tow exports skyrocketed to $X in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa (X tons), Iraq (X tons) and Pakistan (X tons) were the main destinations of artificial filament tow exports from the United Arab Emirates, with a combined X% share of total exports. Romania, Kenya, Russia, Iran, Tanzania, Jordan and Uganda lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Kenya (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for artificial filament tow exported from the United Arab Emirates were South Africa ($X), Iraq ($X) and Pakistan ($X), together accounting for X% of total exports. Romania, Russia, Kenya, Iran, Tanzania, Uganda and Jordan lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Kenya, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average artificial filament tow export price amounted to $X per ton, picking up by X% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, artificial filament tow export price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Jordan ($X 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 Iran (X%), while the prices for the other major destinations experienced mixed trend patterns.

Artificial Filament Tow Imports

Imports into the United Arab Emirates

In 2022, approx. X tons of artificial filament tow were imported into the United Arab Emirates; growing by X% compared with 2021. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, artificial filament tow imports surged to $X in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of artificial filament tow to the United Arab Emirates, with a X% share of total imports. Moreover, artificial filament tow imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Japan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Japan (X% per year).

In value terms, the United States ($X) constituted the largest supplier of artificial filament tow to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Japan (X% per year).

Import Prices by Country

The average artificial filament tow import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, continues to indicate a perceptible decrease. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and the United States ($X per ton), while the price for China ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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