Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Canada - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Canada (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Canada (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Canada
- Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Canada
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Canada (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $4,988 per ton, shrinking by -2.2% against the previous year. Overall, the import price showed a pronounced decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 33%. As a result, import price attained the peak level of $10,718 per ton. From 2016 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 the United States ($16,242 per ton), while the price for China ($4,476 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Canada (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $7,906 per ton, approximately reflecting the previous year. Over the period under review, the export price, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2014 an increase of 46% against the previous year. The export price peaked at $15,515 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($16,341 per ton), while the average price for exports to the United States amounted to $7,722 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-3.7%).
Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Canada
In 2022, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds into Canada totaled 2.4K tons, with an increase of 14% against the year before. The total import volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 19%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds totaled $12M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.8 | 8.1 | 8.3 | 10.2 | 20.7% |
| United States | 2.5 | 1.8 | 1.4 | 1.2 | -21.7% |
| Taiwan (Chinese) | 1.9 | 1.2 | 0.9 | 0.5 | -35.9% |
| Others | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| Total | 10.5 | 11.3 | 10.8 | 12.1 | 4.8% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Canada in 2022:
- China (2284.6 tons)
- United States (76.8 tons)
- Taiwan (Chinese) (48.5 tons)
Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Canada
In 2022, approx. 124 tons of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds were exported from Canada; growing by 17% against the year before. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds soared to $976K in 2022. In general, exports, however, showed a mild descent. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year.
| Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 920 | 580 | 792 | 928 | 0.3% |
| Vietnam | 68.6 | 16.2 | N/A | 37.7 | -18.1% |
| Others | 34.9 | 2.7 | 32.8 | 10.8 | -32.4% |
| Total | 1,023 | 599 | 825 | 976 | -1.6% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Canada in 2022:
- United States (120.2 tons)
- Vietnam (2.3 tons)
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