Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Pakistan - 2023
Contents:
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Pakistan (FOB) - 2023
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Pakistan (CIF) - 2022
- Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Pakistan
- Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Pakistan
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Pakistan (FOB) - 2023
In June 2023, the average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $1,822 per ton, reducing by -30.6% against the previous month. In general, the export price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in April 2023 an increase of 12% against the previous month. Over the period under review, the average export prices reached the peak figure at $3,436 per ton in November 2022; however, from December 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was France ($4,994 per ton), while the average price for exports to the United States ($1,606 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Pakistan (CIF) - 2022
In 2022, the average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $5,258 per ton, waning by -38.2% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 an increase of 99%. The import price peaked at $33,845 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($5,775 per ton) and South Korea ($5,492 per ton), while the price for China ($5,130 per ton) and the United States ($5,232 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 Arab Emirates (+3.2%), while the prices for the other major suppliers experienced a decline.
Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Pakistan
In 2022, the amount of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses exported from Pakistan amounted to 38K tons, remaining relatively unchanged against the year before. The total export volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 17% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses expanded modestly to $491M in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 19%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 320 | 306 | 374 | 370 | 5.0% |
| United Kingdom | 21.3 | 19.8 | 22.5 | 25.4 | 6.0% |
| Netherlands | 9.4 | 13.2 | 15.3 | 16.0 | 19.4% |
| Germany | 8.7 | 12.6 | 11.6 | 11.7 | 10.4% |
| France | 5.8 | 6.6 | 6.8 | 10.0 | 19.9% |
| Italy | 5.3 | 5.2 | 5.2 | 8.2 | 15.7% |
| Canada | 7.4 | 6.8 | 8.5 | 7.9 | 2.2% |
| United Arab Emirates | 0.4 | 0.5 | 0.7 | 2.1 | 73.8% |
| Others | 28.4 | 30.3 | 32.9 | 39.5 | 11.6% |
| Total | 407 | 401 | 478 | 491 | 6.5% |
Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Pakistan in 2022:
- United States (28.4K tons)
- United Kingdom (1.9K tons)
- Netherlands (1.2K tons)
- Germany (0.9K tons)
- United Arab Emirates (0.8K tons)
- France (0.8K tons)
- Canada (0.6K tons)
- Italy (0.6K tons)
Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Pakistan
In 2022, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses into Pakistan surged to 177 tons, with an increase of 62% compared with 2021. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,068% against the previous year. As a result, imports attained the peak of 304 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses contracted modestly to $930K in 2022. Over the period under review, imports enjoyed a mild expansion. The pace of growth was the most pronounced in 2020 when imports increased by 642%. As a result, imports attained the peak of $6.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 643 | 6,293 | 775 | 778 | 6.6% |
| Turkey | 72.6 | 84.5 | 27.3 | 69.5 | -1.4% |
| South Korea | 26.1 | 35.1 | 44.3 | 22.2 | -5.3% |
| Others | 137 | 114 | 84.1 | 60.9 | -23.7% |
| Total | 879 | 6,527 | 930 | 930 | 1.9% |
Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Pakistan in 2022:
- China (151.6 tons)
- Turkey (12.0 tons)
- South Korea (4.0 tons)
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