Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Jordan - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Jordan (CIF) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Jordan
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Jordan (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $8,811 per ton in 2022, with an increase of 18% against the previous year. Overall, the import price recorded a noticeable increase. The growth pace was the most rapid in 2019 an increase of 50%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($8,756 per ton), while the price for China ($8,750 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Jordan
In 2022, purchases abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -90.3% to 23 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a significant curtailment. The growth pace was the most rapid in 2020 when imports increased by 484% against the previous year. As a result, imports attained the peak of 745 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted fell sharply to $202K in 2022. In general, imports showed a sharp curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 573%. As a result, imports reached the peak of $5.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.2 | 102 | 19.1 | 146 | 117.4% |
Israel | 18.3 | 226 | 90.8 | 49.6 | 39.4% |
Turkey | 0.1 | 0.5 | 0.2 | 3.9 | 239.1% |
Malaysia | 725 | 4,679 | 1,380 | N/A | 38.0% |
Singapore | 7.7 | 150 | 263 | N/A | 484.4% |
Others | 6.6 | 37.5 | 15.8 | 2.3 | -29.6% |
Total | 772 | 5,196 | 1,769 | 202 | -36.0% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Jordan in 2022:
- China (16.7 tons)
- Israel (5.7 tons)
- Turkey (0.5 tons)
This report provides an in-depth analysis of the knitted fabric market in Jordan.
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