Price for Silk; Woven Fabrics of Noil Silk in the United Arab Emirates - 2022
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in the United Arab Emirates (CIF) - 2022
- Price for Silk; Woven Fabrics of Noil Silk in the United Arab Emirates (FOB) - 2022
- Imports of Silk; Woven Fabrics of Noil Silk in the United Arab Emirates
- Exports of Silk; Woven Fabrics of Noil Silk in the United Arab Emirates
Price for Silk; Woven Fabrics of Noil Silk in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for silk; woven fabrics of noil silks amounted to $42,423 per ton, waning by -37.8% against the previous year. In general, the import price, however, posted perceptible growth. The most prominent rate of growth was recorded in 2020 an increase of 126% against the previous year. The import price peaked at $68,205 per ton in 2021, and then fell rapidly in the following year.
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 Italy ($193,491 per ton), while the price for China ($7,917 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silk; Woven Fabrics of Noil Silk in the United Arab Emirates (FOB) - 2022
The average export price for silk; woven fabrics of noil silks stood at $33,242 per ton in 2022, dropping by -10.1% against the previous year. In general, the export price saw a pronounced slump. The growth pace was the most rapid in 2016 an increase of 120%. As a result, the export price attained the peak level of $112,069 per ton. From 2017 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 Brunei Darussalam ($65,175 per ton), while the average price for exports to Zambia ($11,261 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 Nigeria (+70.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silk; Woven Fabrics of Noil Silk in the United Arab Emirates
In 2022, overseas purchases of silk; woven fabrics of noil silks increased by 67% to 9.3 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep downturn.
In value terms, imports of silk; woven fabrics of noil silks rose slightly to $393K in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 33%. As a result, imports attained the peak of $459K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Silk; Woven Fabrics of Noil Silk in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 26.0 | 42.7 | 205 | 150 | 79.4% |
| Italy | 111 | 288 | 119 | 122 | 3.2% |
| China | 31.1 | 7.3 | 5.7 | 50.8 | 17.8% |
| Azerbaijan | N/A | N/A | N/A | 39.0 | 0% |
| United Kingdom | 79.0 | 21.3 | 14.4 | 22.0 | -34.7% |
| Pakistan | 8.8 | 67.0 | 8.6 | 0.4 | -64.3% |
| Iran | 22.0 | 4.5 | 6.3 | N/A | -46.5% |
| Oman | 60.5 | 5.0 | 0.2 | N/A | -94.3% |
| Others | 6.7 | 22.7 | 20.0 | 8.5 | 8.3% |
| Total | 344 | 459 | 379 | 393 | 4.5% |
Top Suppliers of Silk; Woven Fabrics of Noil Silk to the United Arab Emirates in 2022:
- China (6.4 tons)
- India (1.0 tons)
- Azerbaijan (0.8 tons)
- Italy (0.6 tons)
- United Kingdom (0.2 tons)
Exports of Silk; Woven Fabrics of Noil Silk in the United Arab Emirates
In 2022, the amount of silk; woven fabrics of noil silks exported from the United Arab Emirates skyrocketed to 2.9 tons, jumping by 29% against the previous year. Over the period under review, exports, however, saw a abrupt slump.
In value terms, exports of silk; woven fabrics of noil silks soared to $96K in 2022. Overall, exports, however, faced a abrupt downturn.
| Export of Silk; Woven Fabrics of Noil Silk in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brunei Darussalam | 41.8 | N/A | N/A | 41.3 | -0.4% |
| Zambia | 0.8 | N/A | 1.8 | 18.3 | 183.9% |
| Oman | 78.2 | 67.4 | 60.5 | 17.9 | -38.8% |
| Mozambique | N/A | N/A | 10.8 | N/A | 0% |
| Others | 49.7 | 14.6 | 9.2 | 18.2 | -28.5% |
| Total | 171 | 82.1 | 82.4 | 95.8 | -17.6% |
Top Export Markets for Silk; Woven Fabrics of Noil Silk from the United Arab Emirates in 2022:
- Zambia (1627.0 kg)
- Brunei Darussalam (634.0 kg)
- Oman (530.0 kg)
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