Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in India - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in India (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in India (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in India
- Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in India
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in India (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $5,906 per ton in 2022, with an increase of 27% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. Over the period under review, average import prices attained the peak figure at $6,280 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($32,013 per ton), while the price for China ($4,343 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+17.0%), 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 India (FOB) - 2022
The average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $7,566 per ton in 2022, with an increase of 9.6% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 man-made fibres, knitted or crocheteds decreased by -1.9% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 29%. Over the period under review, the average export prices attained the peak figure at $7,712 per ton in 2020; however, from 2021 to 2022, the 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 Taiwan (Chinese) ($14,315 per ton), while the average price for exports to Nepal ($2,079 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 Malaysia (+76.4%), 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 India
In 2022, approx. 1.2K tons of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds were imported into India; increasing by 19% compared with 2021. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 75%. 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 skyrocketed to $7.1M in 2022. Over the period under review, imports posted a prominent expansion. As a result, imports attained 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 India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 1.9 | 3.7 | 4.2 | 15.9% |
| Germany | 1.5 | 1.2 | N/A | 1.4 | -2.3% |
| Taiwan (Chinese) | N/A | 0.1 | 0.5 | 0.7 | 164.6% |
| Thailand | 0.1 | 0.2 | 0.4 | 0.6 | 81.7% |
| Others | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Total | 4.3 | 3.4 | 4.7 | 7.1 | 18.2% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to India in 2022:
- China (963.1 tons)
- Thailand (121.2 tons)
- Taiwan (Chinese) (70.1 tons)
- Germany (42.5 tons)
Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in India
Exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds from India shrank rapidly to 19 tons in 2022, with a decrease of -84% compared with the year before. In general, exports showed a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 1,687% against the previous year.
In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds dropped sharply to $143K in 2022. Over the period under review, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 1,500% against the previous year. As a result, the exports reached the peak of $814K, and then plummeted in the following year.
| Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 275 | 3.1 | 726 | 73.2 | -35.7% |
| Taiwan (Chinese) | N/A | N/A | N/A | 32.4 | 0% |
| United Arab Emirates | 7.5 | N/A | N/A | 29.5 | 57.9% |
| United States | N/A | N/A | N/A | 2.6 | 0% |
| Mauritius | N/A | N/A | N/A | 1.7 | 0% |
| Nepal | 3.9 | 1.3 | 53.1 | 1.0 | -36.5% |
| Bangladesh | 257 | N/A | N/A | N/A | 0% |
| Myanmar | 133 | N/A | N/A | N/A | 0% |
| Others | 35.5 | 46.5 | 34.5 | 2.5 | -58.7% |
| Total | 712 | 50.9 | 814 | 143 | -41.4% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from India in 2022:
- Sri Lanka (9.1 tons)
- United Arab Emirates (6.0 tons)
- Taiwan (Chinese) (2.3 tons)
- Nepal (0.5 tons)
- Mauritius (0.4 tons)
- United States (0.4 tons)
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