Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the UK - 2024
Contents:
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the UK (FOB) - 2022
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the UK (CIF) - 2022
- Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the UK
- Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the UK
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the UK (FOB) - 2022
In 2022, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $3,478 per ton, dropping by -16.5% against the previous year. In general, the export price recorded a deep setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 55%. As a result, the export price reached the peak level of $8,810 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($9,166 per ton), while the average price for exports to Ireland ($1,421 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 (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the UK (CIF) - 2022
In 2022, the average import price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $10,227 per ton, increasing by 20% against the previous year. In general, the import price showed a mild expansion. The most prominent rate of growth was recorded in 2020 an increase of 88%. As a result, import price attained the peak level of $11,744 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
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 Italy ($19,977 per ton), while the price for Portugal ($7,869 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the UK
In 2022, exports of fabrics; "long pile" fabrics, knitted or crocheteds from the UK amounted to 2K tons, increasing by 4.2% against 2021 figures. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds declined to $7M in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 39% against the previous year. As a result, the exports attained the peak of $8M, and then fell in the following year.
| Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,164 | 1,041 | 1,566 | 1,440 | 7.4% |
| Germany | 576 | 535 | 651 | 609 | 1.9% |
| Australia | 137 | 182 | 255 | 482 | 52.1% |
| Sweden | 455 | 342 | 892 | 444 | -0.8% |
| France | 206 | 373 | 406 | 288 | 11.8% |
| Poland | 140 | 162 | 379 | 281 | 26.1% |
| Finland | 168 | 85.9 | 227 | 249 | 14.0% |
| Denmark | 213 | 211 | 212 | 167 | -7.8% |
| Turkey | 9.0 | 65.2 | 13.1 | 161 | 161.5% |
| United States | 136 | 172 | 115 | 157 | 4.9% |
| Norway | 34.4 | 28.5 | 68.8 | 80.7 | 32.9% |
| Ireland | 1,404 | 1,038 | 1,452 | 59.9 | -65.1% |
| Others | 2,072 | 1,529 | 1,781 | 2,558 | 7.3% |
| Total | 6,715 | 5,766 | 8,019 | 6,976 | 1.3% |
Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from the UK in 2022:
- Netherlands (174.3 tons)
- Germany (85.9 tons)
- Australia (83.1 tons)
- Sweden (76.3 tons)
- Ireland (42.2 tons)
- France (40.5 tons)
- Poland (37.6 tons)
- Finland (27.9 tons)
- Denmark (27.1 tons)
- Turkey (17.5 tons)
- United States (17.4 tons)
- Norway (12.1 tons)
Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the UK
In 2022, overseas purchases of fabrics; "long pile" fabrics, knitted or crocheteds decreased by -9.7% to 270 tons, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 3.7% against the previous year. As a result, imports reached the peak of 373 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds rose remarkably to $2.8M in 2022. Over the period under review, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 95%. As a result, imports attained the peak of $4.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,686 | 1,754 | 2,114 | 1,915 | 4.3% |
| Italy | 29.4 | 45.5 | 17.8 | 335 | 125.0% |
| South Korea | 140 | 10.0 | 116 | 240 | 19.7% |
| Portugal | N/A | N/A | N/A | 67.6 | 0% |
| Turkey | 173 | 385 | 235 | 49.4 | -34.1% |
| Japan | 22.6 | 2,080 | 24.2 | 10.7 | -22.1% |
| Others | 194 | 107 | 29.3 | 141 | -10.1% |
| Total | 2,245 | 4,382 | 2,535 | 2,758 | 7.1% |
Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to the UK in 2022:
- China (213.9 tons)
- South Korea (20.0 tons)
- Italy (16.8 tons)
- Portugal (8.6 tons)
- Turkey (3.8 tons)
- Japan (0.1 tons)
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