Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Belgium - 2023

Contents:

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

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Belgium (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $6,988 per ton, increasing by 4.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 41%. The import price peaked at $8,180 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Germany ($11,005 per ton), while the price for the Netherlands ($2,394 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Belgium (FOB) - 2022

The average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $4,489 per ton in 2022, falling by -37.9% against the previous year. In general, the export price showed a mild contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices reached the peak figure at $10,847 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($12,853 per ton), while the average price for exports to France ($3,322 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 Hungary (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Belgium

In 2022, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted into Belgium declined to 93 tons, reducing by -10% against the previous year's figure. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, imports attained the peak of 103 tons, and then contracted in the following year.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted declined to $647K in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of $686K, and then fell in the following year.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey5444416256033.5%
Germany3.615.29.416.867.1%
Netherlands35.413.432.411.3-31.7%
Others7.426.418.915.026.6%
Total5904966866473.1%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Belgium in 2022:

  1. Turkey (85.4 tons)
  2. Netherlands (4.7 tons)
  3. Germany (1.5 tons)

Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Belgium

In 2022, overseas shipments of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -35.5% to 96 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of 149 tons, and then contracted notably in the following year.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted contracted remarkably to $432K in 2022. Over the period under review, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of $1.1M, and then fell significantly in the following year.

Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France18822526126912.7%
Italy22.89.719.323.20.6%
Poland37.837.952.023.2-15.0%
Hungary20.122.816.120.40.5%
Romania11.410.98.315.711.3%
Germany58752661612.3-72.4%
Others10312510668.3-12.8%
Total9699571,079432-23.6%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Belgium in 2022:

  1. France (81.0 tons)
  2. Poland (2.3 tons)
  3. Italy (1.9 tons)
  4. Hungary (1.9 tons)
  5. Romania (1.6 tons)
  6. Germany (1.2 tons)

Source: IndexBox Market Intelligence Platform

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