Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the United Arab Emirates - 2022

Contents:

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

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the United Arab Emirates (CIF) - 2022

The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $6,123 per ton in 2022, dropping by -6.7% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.5% 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 decreased by -10.0% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 70% against the previous year. As a result, import price reached the peak level of $10,320 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($12,456 per ton), while the price for China ($5,945 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $4,857 per ton, dropping by -3.9% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The growth pace was the most rapid in 2013 when the average export price increased by 113% against the previous year. The export price peaked at $9,854 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($8,168 per ton), while the average price for exports to Tanzania ($1,679 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 Oman (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the United Arab Emirates

In 2022, overseas purchases of fabrics; "long pile" fabrics, knitted or crocheteds were finally on the rise to reach 255 tons after two years of decline. Overall, imports, however, continue to indicate a abrupt contraction.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds soared to $1.6M in 2022. Over the period under review, imports, however, showed a abrupt setback.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,7592,2917791,448-6.3%
India2.112.52.030.3143.4%
Taiwan (Chinese)19333.2N/A24.5-49.7%
Others11235.874.458.4-19.5%
Total2,0662,3728551,562-8.9%

Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to the United Arab Emirates in 2022:

  1. China (243.7 tons)
  2. India (3.8 tons)
  3. Taiwan (Chinese) (3.4 tons)

Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in overseas shipments of fabrics; "long pile" fabrics, knitted or crocheteds, when their volume decreased by -89.6% to 36 tons. Over the period under review, exports faced a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year.

In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds declined significantly to $175K in 2022. Overall, exports faced a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 76%.

Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/AN/A1120%
IndiaN/AN/A0.234.617200.0%
JordanN/AN/AN/A25.80%
Oman4861,00015.71.7-84.8%
Zimbabwe22.7N/AN/AN/A0%
TunisiaN/AN/A81.3N/A0%
Iran3515111,650N/A116.8%
Others0.90.16.70.3-30.7%
Total8601,5101,754175-41.2%

Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from the United Arab Emirates in 2022:

  1. India (18.7 tons)
  2. Egypt (13.8 tons)
  3. Jordan (3.2 tons)
  4. Oman (0.2 tons)

Source: IndexBox Market Intelligence Platform

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