Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Sri Lanka - 2022
Contents:
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Sri Lanka (CIF) - 2022
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Sri Lanka (FOB) - 2022
- Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Sri Lanka
- Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Sri Lanka
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Sri Lanka (CIF) - 2022
The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $12,172 per ton in 2022, jumping by 28% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fabrics; "long pile" fabrics, knitted or crocheteds increased by +88.2% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($36,444 per ton), while the price for Malaysia ($2,801 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Sri Lanka (FOB) - 2022
In 2022, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $8,918 per ton, reducing by -21.8% against the previous year. Over the period under review, the export price, however, recorded a mild increase. The pace of growth was the most pronounced in 2017 an increase of 108% against the previous year. As a result, the export price reached the peak level of $16,610 per ton. From 2018 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 Malaysia ($22,500 per ton), while the average price for exports to Bangladesh totaled $8,011 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+17.5%).
Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Sri Lanka
Imports of fabrics; "long pile" fabrics, knitted or crocheteds into Sri Lanka declined sharply to 158 tons in 2022, which is down by -34.6% against the previous year's figure. Over the period under review, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 211% against the previous year. As a result, imports attained the peak of 242 tons, and then fell dramatically in the following year.
In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds shrank remarkably to $1.9M in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 276%. As a result, imports reached the peak of $2.3M, and then dropped remarkably in the following year.
| Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 285 | 72.9 | 968 | 1,041 | 54.0% |
| China | 401 | 134 | 826 | 545 | 10.8% |
| Pakistan | 73.1 | 311 | 313 | 159 | 29.6% |
| India | 7.6 | 2.2 | 60.3 | 63.0 | 102.4% |
| Turkey | 6.0 | 12.2 | 45.3 | 41.4 | 90.4% |
| Malaysia | 32.1 | 33.1 | 38.7 | 28.4 | -4.0% |
| Taiwan (Chinese) | 17.8 | 19.7 | 24.8 | 19.6 | 3.3% |
| Others | 37.6 | 28.9 | 30.0 | 27.9 | -9.5% |
| Total | 860 | 614 | 2,306 | 1,925 | 30.8% |
Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Sri Lanka in 2022:
- Indonesia (59.6 tons)
- China (54.4 tons)
- Pakistan (18.5 tons)
- Malaysia (10.1 tons)
- India (7.8 tons)
- Turkey (3.3 tons)
- Taiwan (Chinese) (2.2 tons)
Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Sri Lanka
In 2022, overseas shipments of fabrics; "long pile" fabrics, knitted or crocheteds were finally on the rise to reach 195 kg after two years of decline. In general, exports, however, saw a precipitous curtailment.
In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds fell modestly to $1.7K in 2022. Over the period under review, exports, however, continue to indicate a sharp downturn.
| Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 4.4 | 3.3 | 1.4 | 1.4 | -31.7% |
| Malaysia | 2.4 | 1.1 | 0.3 | 0.1 | -65.3% |
| Others | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Total | 7.1 | 4.4 | 1.8 | 1.7 | -37.9% |
Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Sri Lanka in 2022:
- Bangladesh (181.0 kg)
- Malaysia (6.0 kg)
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