Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the UK - 2024

Contents:

  1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the UK (CIF) - 2024
  2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the UK (FOB) - 2022
  3. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the UK
  4. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the UK

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the UK (CIF) - 2024

The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $5,680 per ton in November 2023, with a decrease of -9.3% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 36% against the previous month. Over the period under review, average import prices attained the maximum at $8,131 per ton in March 2023; however, from April 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($25,118 per ton), while the price for Egypt ($3,862 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (+2.1%), 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 the UK (FOB) - 2022

In 2022, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $14,523 per ton, shrinking by -25.5% against the previous year. Overall, the export price, however, recorded a moderate expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 97% against the previous year. The export price peaked at $19,499 per ton in 2021, and then fell notably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($37,733 per ton), while the average price for exports to India ($4,481 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 Ireland (+2.9%), 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 the UK

In 2022, overseas purchases of fabrics, knitted or crocheted, of a width of > 30 cms decreased by -24% to 10K tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 13%. As a result, imports reached the peak of 17K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms reduced to $64M in 2022. In general, imports continue to indicate a slight curtailment. The pace of growth was the most pronounced in 2020 with an increase of 10%. As a result, imports attained the peak of $75M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey10.19.416.618.422.1%
China29.828.522.117.8-15.8%
South Korea6.73.24.47.22.4%
Italy2.92.69.95.926.7%
Pakistan0.90.80.42.744.2%
France3.11.82.52.5-6.9%
Portugal0.615.80.21.844.2%
Belgium4.34.05.01.7-26.6%
India2.63.12.91.3-20.6%
Egypt1.10.80.90.9-6.5%
Others6.25.06.14.2-12.2%
Total68.275.171.264.5-1.8%

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to the UK in 2022:

  1. China (3594.8 tons)
  2. Turkey (3401.5 tons)
  3. South Korea (1153.2 tons)
  4. Belgium (392.5 tons)
  5. Italy (302.3 tons)
  6. Pakistan (290.6 tons)
  7. Egypt (241.8 tons)
  8. France (209.4 tons)
  9. Portugal (190.0 tons)
  10. India (176.2 tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the UK

In 2022, after two years of decline, there was significant growth in shipments abroad of fabrics, knitted or crocheted, of a width of > 30 cms, when their volume increased by 14% to 981 tons. In general, exports, however, recorded a sharp curtailment.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms dropped dramatically to $14M in 2022. Overall, exports, however, showed a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 0.9% against the previous year.

Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,3231,1701,8252,182-2.1%
Bulgaria25296.11,0191,24970.5%
France1,2575902901,104-4.2%
Germany2,8617881,033948-30.8%
Poland8524681,1739011.9%
Ireland1,395684524574-25.6%
Turkey74.431447947986.0%
India12223743.747457.2%
Tunisia20.0132606465185.4%
Italy863393729437-20.3%
Netherlands483404391366-8.8%
Romania1,3982,152302351-36.9%
Morocco482113395287-15.9%
Others6,9559,1037,9774,428-14.0%
Total19,33816,64416,78714,243-9.7%

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from the UK in 2022:

  1. Poland (126.0 tons)
  2. Bulgaria (113.5 tons)
  3. India (105.7 tons)
  4. United States (75.2 tons)
  5. Tunisia (59.6 tons)
  6. Turkey (53.5 tons)
  7. Romania (45.5 tons)
  8. Netherlands (39.3 tons)
  9. Ireland (37.9 tons)
  10. Germany (36.1 tons)
  11. Italy (34.0 tons)
  12. France (29.3 tons)
  13. Morocco (23.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; knitted or crocheted fabrics, other than those of headings 60.01 to 60.04 - United Kingdom