Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Indonesia - 2022
Contents:
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Indonesia (FOB) - 2022
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Indonesia (CIF) - 2022
- Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Indonesia
- Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Indonesia
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Indonesia (FOB) - 2022
The average export price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $8,198 per ton in March 2022, which is down by -13.6% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2021 when the average export price increased by 37% month-to-month. As a result, the export price attained the peak level of $12,445 per ton. From December 2021 to March 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In March 2022, the country with the highest price was the Philippines ($12,649 per ton), while the average price for exports to Bangladesh ($6,663 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Indonesia (CIF) - 2022
The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $8,727 per ton in March 2022, picking up by 16% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2021 an increase of 46% m-o-m. As a result, import price reached the peak level of $12,193 per ton. From May 2021 to March 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($12,595 per ton), while the price for Thailand ($5,224 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Indonesia
In 2022, the amount of fabrics; "long pile" fabrics, knitted or crocheteds exported from Indonesia reduced notably to 1.5K tons, waning by -20.4% against 2021. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 230% against the previous year. As a result, the exports attained the peak of 1.9K tons, and then dropped remarkably in the following year.
In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds shrank to $13M in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 222%. As a result, the exports reached the peak of $15M, and then contracted in the following year.
Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 1.3 | 1.0 | 4.7 | 3.1 | 33.6% |
Jordan | N/A | N/A | 5.0 | 2.5 | -50.0% |
Sri Lanka | 0.5 | 0.1 | 2.4 | 2.1 | 61.3% |
China | N/A | 0.1 | 0.6 | 1.3 | 260.6% |
Philippines | 0.3 | 0.2 | 0.3 | 1.2 | 58.7% |
Bangladesh | 0.6 | 0.4 | 0.5 | 1.0 | 18.6% |
Thailand | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
Hong Kong SAR | 2.3 | 1.0 | 0.4 | 0.3 | -49.3% |
Others | 0.5 | 1.3 | 0.7 | 1.0 | 26.0% |
Total | 6.2 | 4.7 | 15.2 | 13.3 | 29.0% |
Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Indonesia in 2022:
- Vietnam (362.5 tons)
- Jordan (326.8 tons)
- Sri Lanka (156.4 tons)
- Bangladesh (151.2 tons)
- China (142.3 tons)
- Philippines (108.6 tons)
- Thailand (88.7 tons)
- Hong Kong SAR (22.4 tons)
Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Indonesia
In 2022, the amount of fabrics; "long pile" fabrics, knitted or crocheteds imported into Indonesia reduced to 1.6K tons, shrinking by -3.6% on the previous year's figure. Overall, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 102%. As a result, imports attained the peak of 1.7K tons, and then declined in the following year.
In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds reduced to $11M in 2022. Over the period under review, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 104% against the previous year. As a result, imports attained the peak of $11M, and then dropped modestly in the following year.
Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.2 | 3.8 | 8.0 | 7.9 | 15.0% |
South Korea | 1.5 | 1.0 | 1.9 | 1.9 | 8.2% |
United States | N/A | 0.1 | 0.4 | 0.4 | 100.0% |
Thailand | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
Taiwan (Chinese) | 0.7 | N/A | 0.2 | 0.1 | -47.7% |
Hong Kong SAR | 0.4 | 0.5 | 0.6 | 0.1 | -37.0% |
Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Total | 8.1 | 5.6 | 11.4 | 11.1 | 11.1% |
Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Indonesia in 2022:
- China (1284.6 tons)
- South Korea (177.2 tons)
- Thailand (70.5 tons)
- United States (28.6 tons)
- Taiwan (Chinese) (16.1 tons)
- Hong Kong SAR (15.0 tons)
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This report provides an in-depth analysis of the market for pile and terry fabric in Indonesia.
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