Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bangladesh - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bangladesh (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bangladesh (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bangladesh
- Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bangladesh
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bangladesh (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $5,217 per ton in 2022, surging by 7.9% against the previous year. In general, the import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 an increase of 56%. As a result, import price reached the peak level of $10,881 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 Taiwan (Chinese) ($12,653 per ton), while the price for Thailand ($4,472 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bangladesh (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $27,348 per ton, rising by 61% against the previous year. In general, the export price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($31,844 per ton), while the average price for exports to Austria ($1,000 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 the United States (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bangladesh
In 2022, the amount of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds imported into Bangladesh reached 4.3K tons, standing approx. at 2021 figures. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 92%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds totaled $23M in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 82%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.2 | 9.6 | 18.5 | 19.7 | 33.9% |
| Thailand | 0.1 | 0.1 | 0.2 | 0.9 | 108.0% |
| Taiwan (Chinese) | 0.7 | 0.6 | 1.0 | 0.6 | -5.0% |
| South Korea | 0.5 | 0.6 | 0.7 | 0.6 | 6.3% |
| Others | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
| Total | 10.1 | 11.4 | 20.8 | 22.5 | 30.6% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Bangladesh in 2022:
- China (3908.4 tons)
- Thailand (211.3 tons)
- South Korea (81.8 tons)
- Taiwan (Chinese) (47.0 tons)
Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bangladesh
For the third consecutive year, Bangladesh recorded decline in overseas shipments of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds, which decreased by -81.2% to 46 kg in 2022. In general, exports saw a significant decrease. The smallest decline of -62% was in 2021.
In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds declined dramatically to $1.3K in 2022. Over the period under review, exports showed a sharp descent. The smallest decline of -43.2% was in 2020.
| Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 10.4 | 5.6 | 3.5 | 1.0 | -54.2% |
| United States | 2.8 | 1.9 | 0.5 | 0.2 | -58.5% |
| Slovakia | N/A | N/A | N/A | N/A | 0% |
| Austria | N/A | N/A | N/A | N/A | 0% |
| France | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Poland | N/A | N/A | N/A | N/A | 0% |
| Estonia | N/A | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.4 | 7.6 | 4.2 | 1.3 | -54.1% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Bangladesh in 2022:
- Canada (32.0 kg)
- United States (7.0 kg)
- Czech Republic (1.0 kg)
- Estonia (1.0 kg)
- Poland (1.0 kg)
- France (1.0 kg)
- Austria (1.0 kg)
- Slovakia (1.0 kg)
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