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

Contents:

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

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

In February 2024, the average import price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $20,231 per ton, increasing by 26% against the previous month. Overall, the import price recorded tangible growth. The most prominent rate of growth was recorded in August 2023 an increase of 686% m-o-m. As a result, import price attained the peak level of $41,031 per ton. From September 2023 to February 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Germany ($99,880 per ton), while the price for South Korea ($6,774 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $13,230 per ton, declining by -9% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 an increase of 26%. Over the period under review, the average export prices reached the maximum at $15,178 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($46,429 per ton), while the average price for exports to Latvia ($12,910 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 Finland (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of fabrics; "long pile" fabrics, knitted or crocheteds into Estonia dropped to 33 tons, waning by -12.9% on the previous year's figure. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 72%.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds fell modestly to $509K in 2022. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 83%.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy427141209269-14.3%
Germany71.047.311711015.7%
Finland45.464.325.234.0-9.2%
China4.3N/A10.232.195.4%
United Kingdom26.30.347.528.52.7%
South KoreaN/AN/A6.817.1151.5%
Lithuania18.46.345.37.0-27.5%
Others58.429.466.411.8-41.3%
Total651289528509-7.9%

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

  1. Italy (14.3 tons)
  2. United Kingdom (4.1 tons)
  3. Finland (3.7 tons)
  4. China (3.3 tons)
  5. South Korea (3.2 tons)
  6. Germany (2.4 tons)
  7. Lithuania (1.2 tons)

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

In 2022, shipments abroad of fabrics; "long pile" fabrics, knitted or crocheteds was finally on the rise to reach 14 tons after two years of decline. Overall, exports, however, showed a deep contraction.

In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds reduced slightly to $191K in 2022. Over the period under review, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 13%.

Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia209168170178-5.2%
KazakhstanN/AN/AN/A8.10%
Russia11.31.718.14.1-28.7%
Others13.30.54.20.3-71.7%
Total234170192191-6.5%

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

  1. Latvia (13.8 tons)
  2. Kazakhstan (0.4 tons)
  3. Russia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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