Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in India - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in India (FOB) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in India (CIF) - 2022
- Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in India
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in India
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in India (FOB) - 2022
The average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $7,467 per ton in 2022, increasing by 14% against the previous year. In general, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 52% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($10,424 per ton), while the average price for exports to the United States ($5,040 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 Djibouti (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in India (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $8,110 per ton in 2022, surging by 123% against the previous year. In general, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 485%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
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 Germany ($16,252 per ton), while the price for the United Arab Emirates ($2,487 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in India
In 2022, overseas shipments of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -34.2% to 3.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 175% against the previous year. As a result, the exports attained the peak of 5.9K tons, and then shrank dramatically in the following year.
In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted dropped rapidly to $29M in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 313% against the previous year. As a result, the exports reached the peak of $38M, and then declined significantly in the following year.
| Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 6.4 | 3.4 | 10.7 | 8.4 | 9.5% |
| Sri Lanka | 2.1 | 2.6 | 16.7 | 7.2 | 50.8% |
| United States | 0.1 | 2.7 | 3.7 | 6.4 | 300.0% |
| Kenya | N/A | 0.1 | 3.2 | 4.1 | 540.3% |
| Vietnam | 0.3 | N/A | 0.9 | 1.1 | 54.2% |
| Egypt | 0.5 | N/A | N/A | 0.6 | 6.3% |
| Djibouti | N/A | N/A | 2.3 | 0.6 | -73.9% |
| Others | 0.6 | 0.6 | 1.0 | 0.5 | -5.9% |
| Total | 9.8 | 9.3 | 38.5 | 29.0 | 43.6% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from India in 2022:
- United States (1271.4 tons)
- Bangladesh (1059.2 tons)
- Sri Lanka (801.0 tons)
- Kenya (413.4 tons)
- Vietnam (105.4 tons)
- Egypt (83.9 tons)
- Djibouti (69.7 tons)
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in India
In 2022, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted into India fell significantly to 11 tons, which is down by -82.6% against 2021 figures. Over the period under review, imports saw a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. As a result, imports attained the peak of 65 tons, and then declined dramatically in the following year.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted shrank dramatically to $92K in 2022. In general, imports saw a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of $236K, and then reduced rapidly in the following year.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 1.4 | 34.5 | 69.4 | 604.1% |
| United Arab Emirates | N/A | N/A | N/A | 9.6 | 0% |
| China | 72.5 | 148 | 201 | 9.1 | -49.9% |
| Japan | N/A | N/A | N/A | 3.6 | 0% |
| Sri Lanka | 10.4 | N/A | N/A | N/A | 0% |
| Vietnam | 14.9 | N/A | N/A | N/A | 0% |
| Malaysia | 11.2 | N/A | N/A | N/A | 0% |
| Others | 5.5 | 1.2 | 0.8 | N/A | -61.9% |
| Total | 115 | 150 | 236 | 91.7 | -7.3% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to India in 2022:
- Germany (4.3 tons)
- United Arab Emirates (3.9 tons)
- China (1.8 tons)
- Japan (1.4 tons)
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