Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the United Arab Emirates - 2022

Contents:

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

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the United Arab Emirates (CIF) - 2022

The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $4,655 per ton in 2022, increasing by 2.7% against the previous year. In general, the import price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2014 an increase of 37% against the previous year. Over the period under review, average import prices attained the maximum at $8,330 per ton in 2015; however, from 2016 to 2022, 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 Taiwan (Chinese) ($8,518 per ton), while the price for South Korea ($1,192 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) (+0.8%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the United Arab Emirates (FOB) - 2022

The average export price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $2,484 per ton in 2022, with an increase of 9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 141%. As a result, the export price reached the peak level of $4,990 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($10,780 per ton), while the average price for exports to Rwanda ($974 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 Israel (+29.7%), 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 United Arab Emirates

In 2022, imports of fabrics, knitted or crocheted, of a width of > 30 cms into the United Arab Emirates expanded slightly to 39K tons, surging by 3.6% against the previous year's figure. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.8% 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 +76.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 71% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms expanded remarkably to $180M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.2% 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 +93.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 81%. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. China (31.2K tons)
2. South Korea (3.2K tons)
3. Sri Lanka (0.8K tons)
4. India (0.7K tons)
5. Taiwan (Chinese) (0.6K tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the United Arab Emirates

In 2022, the amount of fabrics, knitted or crocheted, of a width of > 30 cms exported from the United Arab Emirates skyrocketed to 1.7K tons, jumping by 58% on the previous year's figure. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms surged to $4.3M in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. India (700.4 tons)
2. Sri Lanka (376.4 tons)
3. Oman (189.1 tons)
4. Ethiopia (130.6 tons)
5. Egypt (76.5 tons)
6. Rwanda (71.9 tons)
7. Angola (56.7 tons)
8. Israel (32.9 tons)
9. Zimbabwe (0.8 tons)

Source: IndexBox Market Intelligence Platform