Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in China - 2024
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in China (FOB) - 2024
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in China (CIF) - 2022
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in China
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in China
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in China (FOB) - 2024
In December 2023, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $5,213 per ton, surging by 3.8% against the previous month. Over the period under review, the export price, however, showed a perceptible contraction. The export price peaked at $6,772 per ton in February 2023; however, from March 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Cambodia ($7,216 per ton), while the average price for exports to Brazil ($2,317 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+0.8%), while the prices for the other major destinations experienced a decline.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in China (CIF) - 2022
The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $9,589 per ton in 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2014 an increase of 45%. As a result, import price attained the peak level of $10,884 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
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 ($26,975 per ton), while the price for Hong Kong SAR ($3,866 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in China
Exports of fabrics, knitted or crocheted, of a width of > 30 cms from China amounted to 1.3M tons in 2022, increasing by 10% against the previous year's figure. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms surged to $7.6B in 2022. The total export value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1,990 | 1,976 | 1,693 | 2,240 | 4.0% |
| Cambodia | 740 | 986 | 910 | 1,267 | 19.6% |
| Indonesia | 274 | 258 | 289 | 392 | 12.7% |
| Jordan | 292 | 225 | 201 | 360 | 7.2% |
| India | 265 | 199 | 214 | 320 | 6.5% |
| Egypt | 144 | 186 | 101 | 288 | 26.0% |
| Hong Kong SAR | 751 | 581 | 463 | 173 | -38.7% |
| Argentina | 56.1 | 57.1 | 68.7 | 144 | 36.9% |
| Brazil | 144 | 99.7 | 63.0 | 128 | -3.9% |
| United States | 138 | 111 | 79.7 | 117 | -5.4% |
| Thailand | 85.9 | 85.2 | 71.7 | 109 | 8.3% |
| United Arab Emirates | 58.8 | 42.8 | 41.7 | 79.1 | 10.4% |
| Guatemala | 60.5 | 46.7 | 47.4 | 72.9 | 6.4% |
| Others | 1,547 | 1,328 | 1,231 | 1,956 | 8.1% |
| Total | 6,548 | 6,182 | 5,473 | 7,646 | 5.3% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from China in 2022:
- Vietnam (219.0K tons)
- Cambodia (202.4K tons)
- India (190.2K tons)
- Indonesia (53.2K tons)
- Brazil (41.0K tons)
- United States (35.5K tons)
- Argentina (35.3K tons)
- Guatemala (31.7K tons)
- Jordan (31.7K tons)
- United Arab Emirates (28.1K tons)
- Egypt (27.0K tons)
- Thailand (25.6K tons)
- Hong Kong SAR (24.1K tons)
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in China
In 2022, imports of fabrics, knitted or crocheted, of a width of > 30 cms into China declined to 41K tons, waning by -13.2% compared with the previous year's figure. In general, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 3.9%.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms shrank to $395M in 2022. Over the period under review, imports faced a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 5.5%.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 126 | 87.5 | 93.4 | 94.5 | -9.1% |
| Taiwan (Chinese) | 138 | 90.4 | 106 | 93.5 | -12.2% |
| South Korea | 90.1 | 59.2 | 56.3 | 70.5 | -7.9% |
| Vietnam | 148 | 115 | 114 | 70.2 | -22.0% |
| Italy | 17.2 | 10.5 | 17.5 | 18.2 | 1.9% |
| Thailand | 7.8 | 4.2 | 4.7 | 9.2 | 5.7% |
| Others | 28.3 | 60.3 | 59.0 | 39.0 | 11.3% |
| Total | 555 | 427 | 450 | 395 | -10.7% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to China in 2022:
- Taiwan (Chinese) (10.3K tons)
- Vietnam (10.2K tons)
- South Korea (9.0K tons)
- Japan (5.2K tons)
- Thailand (0.9K tons)
- Italy (0.7K tons)
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