Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Pakistan - 2023
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Pakistan (CIF) - 2023
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Pakistan (FOB) - 2023
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Pakistan
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Pakistan
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Pakistan (CIF) - 2023
The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $3,710 per ton in July 2023, with an increase of 12% against the previous month. Overall, the import price, however, showed a mild contraction. The pace of growth was the most pronounced in May 2023 an increase of 49% against the previous month. The import price peaked at $4,272 per ton in September 2022; however, from October 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Taiwan (Chinese) ($30,165 per ton), while the price for China ($3,686 per ton) was amongst the lowest.
From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Pakistan (FOB) - 2023
In July 2023, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $6,229 per ton, increasing by 67% against the previous month. In general, export price indicated notable growth from August 2022 to July 2023: its price increased at an average monthly rate of +3.0% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, export price for fabrics, knitted or crocheted, of a width of > 30 cms increased by +87.0% against May 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the United States ($7,540 per ton), while the average price for exports to Australia ($3,694 per ton) was amongst the lowest.
From August 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Pakistan
In 2022, the amount of fabrics, knitted or crocheted, of a width of > 30 cms imported into Pakistan skyrocketed to 65K tons, jumping by 40% on the year before. Over the period under review, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms skyrocketed to $307M in 2022. In general, imports enjoyed noticeable growth. The pace of growth appeared the most rapid in 2021 when imports increased by 50%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 279 | 129 | 196 | 291 | 1.4% |
| Vietnam | 0.1 | 5.4 | 9.7 | 9.0 | 348.1% |
| Others | 4.6 | 10.3 | 11.6 | 6.9 | 14.5% |
| Total | 284 | 145 | 217 | 307 | 2.6% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Pakistan in 2022:
- China (62.8K tons)
- Vietnam (1.1K tons)
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Pakistan
In 2022, approx. 17K tons of fabrics, knitted or crocheted, of a width of > 30 cms were exported from Pakistan; jumping by 193% on the previous year. Over the period under review, exports posted a significant expansion. 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 soared to $74M in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 68% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 18.9 | 16.7 | 28.6 | 26.1 | 11.4% |
| Nicaragua | 0.1 | 0.2 | 3.0 | 15.1 | 432.5% |
| Kenya | 3.3 | 4.1 | 2.4 | 4.4 | 10.1% |
| Vietnam | N/A | 0.2 | 1.4 | 4.1 | 352.8% |
| Bangladesh | 2.7 | 2.8 | 3.6 | 3.9 | 13.0% |
| United States | 2.1 | 3.1 | 5.8 | 3.8 | 21.9% |
| United Arab Emirates | 1.3 | 1.8 | 2.7 | 2.6 | 26.0% |
| United Kingdom | 1.0 | 0.7 | 0.4 | 2.6 | 37.5% |
| Djibouti | 0.4 | 0.6 | 3.5 | 2.5 | 84.2% |
| Jordan | 3.2 | 1.2 | 0.6 | 1.8 | -17.5% |
| Others | 3.1 | 4.0 | 6.8 | 7.4 | 33.6% |
| Total | 36.2 | 35.1 | 58.9 | 74.3 | 27.1% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Pakistan in 2022:
- Sri Lanka (6.0K tons)
- Nicaragua (3.9K tons)
- Vietnam (1.1K tons)
- Kenya (1.0K tons)
- United States (0.9K tons)
- Bangladesh (0.9K tons)
- Djibouti (0.7K tons)
- United Arab Emirates (0.6K tons)
- United Kingdom (0.5K tons)
- Jordan (0.4K tons)
425
This report provides an in-depth analysis of the knitted fabric market in Pakistan.
2789
This report provides an in-depth analysis of the global knitted fabric market.
224
Explore the top import markets for knitted fabric in 2023, including Vietnam, Cambodia, Indonesia, and more. Learn about the major players in the global textile industry.
2230
In value terms, sewing and knitting needles, bodkins, crochet hooks imports amounted to $X in 2016. Overall, sewing and knitting needles, bodkins, crochet hooks imports continue to indicate a relat...
740
In value terms, knitting machines, stitch-bonding machines imports amounted to $X in 2016. Overall, knitting machines, stitch-bonding machines imports continue to indicate a significant decline. Gl...
1106
In value terms, sewing and knitting needles, bodkins, crochet hooks exports stood at $X in 2016. In general, sewing and knitting needles, bodkins, crochet hooks exports continue to indicate a relat...
920
In value terms, knitting machines, stitch-bonding machines exports totaled $X in 2016. In general, knitting machines, stitch-bonding machines exports continue to indicate a abrupt setback. Over the...
2323
Global knitted fabric imports amounted to X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- t...
1443
Global knitted fabric imports amounted to X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- t...
