Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Canada - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Canada (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Canada (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Canada
- Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Canada
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Canada (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $13,511 per ton, picking up by 36% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 165%. Over the period under review, average import prices reached the peak figure at $40,312 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($18,313 per ton), while the price for China totaled $13,190 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%).
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Canada (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $17,244 per ton, increasing by 17% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 42%. Over the period under review, the average export prices attained the maximum at $18,013 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +24.0% per year.
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Canada
In 2022, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted into Canada reduced rapidly to 126 tons, which is down by -48% compared with 2021. In general, imports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of 252%. As a result, imports reached the peak of 242 tons, and then dropped sharply in the following year.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted contracted markedly to $1.7M in 2022. Over the period under review, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 221%. As a result, imports reached the peak of $2.4M, and then contracted sharply in the following year.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 924 | 611 | 2,274 | 1,529 | 18.3% |
| United States | 367 | 80.2 | 81.1 | 143 | -27.0% |
| Others | 87.2 | 59.7 | 51.2 | 26.5 | -32.8% |
| Total | 1,378 | 751 | 2,407 | 1,698 | 7.2% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Canada in 2022:
- China (115.9 tons)
- United States (7.8 tons)
Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Canada
After three years of growth, overseas shipments of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -38.9% to 6.2 tons in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 109% against the previous year.
In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted dropped remarkably to $107K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 83% against the previous year.
| Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 49.9 | 104 | 145 | 107 | 29.0% |
| Italy | 7.2 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.4 | 3.2 | N/A | 700.0% |
| Total | 57.1 | 105 | 149 | 107 | 23.3% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Canada in 2022:
- United States (6.2 tons)
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