Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Pakistan - 2023
Contents:
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Pakistan (CIF) - 2022
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Pakistan (FOB) - 2022
- Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Pakistan
- Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Pakistan
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Pakistan (CIF) - 2022
In 2022, the average import price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $5,878 per ton, dropping by -28.3% against the previous year. Overall, the import price saw a noticeable curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 98% against the previous year. As a result, import price reached the peak level of $16,235 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
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 Hong Kong SAR ($17,239 per ton), while the price for China ($5,322 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.4%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Pakistan (FOB) - 2022
In 2022, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $10,623 per ton, waning by -33.6% against the previous year. Over the period under review, the export price, however, posted a mild expansion. The pace of growth was the most pronounced in 2020 an increase of 23%. As a result, the export price reached the peak level of $22,794 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($20,668 per ton), while the average price for exports to Colombia ($4,330 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 South Africa (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Pakistan
Imports of fabrics; "long pile" fabrics, knitted or crocheteds into Pakistan contracted remarkably to 51 tons in 2022, which is down by -36.3% against the year before. Over the period under review, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 305% against the previous year. As a result, imports reached the peak of 81 tons, and then shrank notably in the following year.
In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds dropped significantly to $302K in 2022. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 319% against the previous year. As a result, imports reached the peak of $660K, and then dropped significantly in the following year.
| Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 357 | 93.0 | 533 | 243 | -12.0% |
| Indonesia | 82.8 | 18.7 | 72.1 | 19.3 | -38.5% |
| Taiwan (Chinese) | 6.2 | 7.9 | 12.2 | 12.6 | 26.7% |
| Others | 40.7 | 38.2 | 42.7 | 26.2 | -13.7% |
| Total | 486 | 158 | 660 | 302 | -14.7% |
Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Pakistan in 2022:
- China (45.7 tons)
- Indonesia (2.5 tons)
- Taiwan (Chinese) (1.8 tons)
Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Pakistan
In 2022, approx. 2.7 tons of fabrics; "long pile" fabrics, knitted or crocheteds were exported from Pakistan; with an increase of 275% against the year before. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 515%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds soared to $29K in 2022. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 656%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 0.7 | 8.3 | 6.1 | 11.8 | 156.4% |
| Sri Lanka | 0.6 | 0.8 | 0.1 | 6.7 | 123.5% |
| Lebanon | 0.6 | 5.1 | 2.8 | 3.6 | 81.7% |
| Colombia | N/A | N/A | N/A | 1.7 | 0% |
| Jordan | 0.1 | 1.1 | 0.7 | 1.2 | 128.9% |
| United States | N/A | 0.4 | 0.1 | 1.1 | 65.8% |
| Qatar | 0.1 | 0.9 | 0.5 | 0.8 | 100.0% |
| Others | 0.3 | 2.1 | 1.0 | 1.7 | 78.3% |
| Total | 2.4 | 18.5 | 11.6 | 28.7 | 128.7% |
Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Pakistan in 2022:
- Lebanon (593.0 kg)
- Sri Lanka (590.0 kg)
- South Africa (572.0 kg)
- Colombia (403.0 kg)
- United States (215.0 kg)
- Jordan (127.0 kg)
- Qatar (78.0 kg)
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