Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Indonesia - 2022

Contents:

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

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

In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $8,241 per ton, with an increase of 5.1% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 21% against the previous year. The import price peaked at $11,223 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($8,758 per ton) and Hong Kong SAR ($8,489 per ton), while the price for China ($7,992 per ton) and Vietnam ($8,067 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $10,204 per ton in 2022, approximately reflecting the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -3.5% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 49% against the previous year. As a result, the export price attained the peak level of $10,571 per ton. From 2021 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 Cambodia ($11,897 per ton), while the average price for exports to Malaysia ($2,102 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 Cambodia (+47.8%), 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 Indonesia

In 2022, supplies from abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -15.4% to 3.4K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. As a result, imports reached the peak of 4.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted reduced to $28M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 43% against the previous year.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.312.413.715.013.3%
South Korea5.19.97.16.810.1%
Hong Kong SAR4.97.59.22.6-19.0%
Vietnam0.10.10.42.3184.4%
Taiwan (Chinese)0.50.30.40.817.0%
Others0.50.30.40.3-15.7%
Total21.330.531.227.89.3%

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

  1. China (1880.7 tons)
  2. South Korea (774.2 tons)
  3. Hong Kong SAR (303.3 tons)
  4. Vietnam (286.2 tons)
  5. Taiwan (Chinese) (91.1 tons)

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

In 2022, shipments abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -23.9% to 271 tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 210%. As a result, the exports attained the peak of 483 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted fell rapidly to $2.8M in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 362% against the previous year. As a result, the exports reached the peak of $5.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1602,92811196682.1%
China9.9203597760325.0%
Sri Lanka5.74731,741530353.0%
Cambodia1.28571,039206455.8%
JordanN/AN/AN/A1130%
ThailandN/A0.4N/A63.01155.0%
Malaysia38.6N/A1.241.42.4%
Philippines68719787.1N/A-64.4%
Others20445194.989.4-24.0%
Total1,1065,1103,6712,76835.8%

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

  1. Vietnam (86.4 tons)
  2. China (68.5 tons)
  3. Sri Lanka (55.2 tons)
  4. Malaysia (19.7 tons)
  5. Cambodia (17.3 tons)
  6. Jordan (10.8 tons)
  7. Thailand (7.5 tons)

Source: IndexBox Market Intelligence Platform

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