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

Contents:

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

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

In 2022, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $14,925 per ton, increasing by 5.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($23,097 per ton), while the average price for exports to Senegal ($6,573 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 Senegal (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $12,269 per ton, declining by -23.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 43%. As a result, import price attained the peak level of $16,076 per ton, and then fell rapidly in the following year.

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 Germany ($44,214 per ton), while the price for China ($8,977 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of fabrics; "long pile" fabrics, knitted or crocheteds exported from Italy shrank modestly to 2.3K tons, dropping by -2.3% against 2021. Over the period under review, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 9.5%.

In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds amounted to $34M in 2022. In general, exports saw a slight decline. The pace of growth appeared the most rapid in 2021 when exports increased by 37%.

Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.55.97.09.06.3%
Romania2.41.61.81.9-7.5%
Spain1.71.22.81.93.8%
France1.71.22.21.70.0%
Portugal2.01.72.41.6-7.2%
Japan1.20.92.01.57.7%
Vietnam0.50.10.81.337.5%
Poland1.61.00.91.1-11.7%
China1.10.50.91.10.0%
Bulgaria0.80.70.71.07.7%
Morocco1.10.60.60.7-14.0%
Hungary0.30.20.60.626.0%
Senegal3.00.10.20.3-53.6%
Others10.88.29.810.4-1.3%
Total35.824.032.933.9-1.8%

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

  1. Germany (697.8 tons)
  2. Spain (130.2 tons)
  3. Vietnam (112.4 tons)
  4. Portugal (108.3 tons)
  5. Poland (96.4 tons)
  6. Romania (87.1 tons)
  7. Morocco (83.9 tons)
  8. France (77.6 tons)
  9. China (73.4 tons)
  10. Japan (63.6 tons)
  11. Bulgaria (56.1 tons)
  12. Hungary (52.9 tons)
  13. Senegal (44.8 tons)

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

In 2022, purchases abroad of fabrics; "long pile" fabrics, knitted or crocheteds was finally on the rise to reach 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt decline.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds dropped slightly to $16M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 21%. As a result, imports attained the peak of $16M, and then declined modestly in the following year.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.25.15.78.4-3.0%
Germany1.42.13.11.88.7%
Portugal0.10.20.31.7157.1%
South Korea2.21.61.01.7-8.2%
Spain1.51.21.50.8-18.9%
Turkey0.1N/A0.10.226.0%
Others0.43.24.60.931.0%
Total15.013.516.315.51.1%

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

  1. China (931.1 tons)
  2. South Korea (109.7 tons)
  3. Spain (84.0 tons)
  4. Portugal (42.8 tons)
  5. Germany (40.2 tons)
  6. Turkey (20.3 tons)

Source: IndexBox Market Intelligence Platform

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