Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Brazil - 2024

Contents:

  1. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Brazil (CIF) - 2024
  2. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Brazil (FOB) - 2022
  3. Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Brazil
  4. Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Brazil

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Brazil (CIF) - 2024

The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $5,767 per ton in March 2024, growing by 57% against the previous month. Overall, import price indicated a strong expansion from March 2023 to March 2024: its price increased at an average monthly rate of +7.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for fabrics; "long pile" fabrics, knitted or crocheteds increased by +57.3% against February 2024 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Uruguay ($9,109 per ton), while the price for China stood at $4,140 per ton.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Brazil (FOB) - 2022

The average export price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $5,313 per ton in 2022, with an increase of 7.8% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fabrics; "long pile" fabrics, knitted or crocheteds increased by +55.1% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 23%. As a result, the export price reached the peak level of $6,368 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($8,985 per ton), while the average price for exports to Argentina ($4,933 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 Argentina (+2.2%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Brazil

For the fourth consecutive year, Brazil recorded growth in overseas purchases of fabrics; "long pile" fabrics, knitted or crocheteds, which increased by 11% to 1.9K tons in 2022. The total import volume increased at an average annual rate of +13.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds rose remarkably to $8.5M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.04.55.16.27.4%
Uruguay1.61.91.91.5-2.1%
ParaguayN/AN/A0.40.650.0%
Hong Kong SARN/AN/AN/A0.10%
OthersN/AN/AN/AN/A0%
Total6.76.47.48.58.3%

Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Brazil in 2022:

  1. China (1493.3 tons)
  2. Paraguay (217.3 tons)
  3. Uruguay (154.0 tons)
  4. Hong Kong SAR (28.6 tons)

Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Brazil

Exports of fabrics; "long pile" fabrics, knitted or crocheteds from Brazil reduced to 306 tons in 2022, with a decrease of -10.7% on the previous year. In general, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 2.6%.

In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds shrank modestly to $1.6M in 2022. The total export value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports attained the peak of $1.7M, and then reduced in the following year.

Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina1,1131,2589711,1932.3%
United StatesN/AN/A14523260.0%
Paraguay11448.44711212.0%
Peru29.233.441.640.811.8%
Colombia10762.731.2N/A-46.0%
Others14.18.729.739.541.0%
Total1,3771,4111,6901,6265.7%

Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Brazil in 2022:

  1. Argentina (241.8 tons)
  2. United States (40.0 tons)
  3. Paraguay (13.4 tons)
  4. Peru (6.4 tons)

Source: IndexBox Market Intelligence Platform

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