Price for Handkerchiefs (Not Knitted or Crocheted) in Sri Lanka - 2021

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in Sri Lanka (CIF) - 2022
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in Sri Lanka (FOB) - 2022
  3. Imports of Handkerchiefs (Not Knitted or Crocheted) in Sri Lanka
  4. Exports of Handkerchiefs (Not Knitted or Crocheted) in Sri Lanka

Price for Handkerchiefs (Not Knitted or Crocheted) in Sri Lanka (CIF) - 2022

In 2022, the average import price for handkerchiefs (not knitted or crocheted)s amounted to $0.1 per unit, rising by 2.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 22% against the previous year. The import price peaked at $0.1 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($0.1 per unit), while the price for India stood at $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Handkerchiefs (Not Knitted or Crocheted) in Sri Lanka (FOB) - 2022

In 2022, the average export price for handkerchiefs (not knitted or crocheted)s amounted to $0.5 per unit, which is down by -45.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 230%. As a result, the export price reached the peak level of $2.6 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1.6 per unit), while the average price for exports to the United States ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+44.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handkerchiefs (Not Knitted or Crocheted) in Sri Lanka

In 2022, approx. 540K units of handkerchiefs (not knitted or crocheted)s were imported into Sri Lanka; shrinking by -48.8% on the year before. Over the period under review, imports recorded a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Imports peaked at 2.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, handkerchiefs (not knitted or crocheted) imports contracted rapidly to $52K in 2022. In general, imports continue to indicate a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. Imports peaked at $193K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Handkerchiefs (Not Knitted or Crocheted) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10235.960.527.4-35.5%
China75.534.329.624.3-31.5%
Thailand8.81.43.3N/A-38.8%
Others6.25.46.80.7-51.7%
Total19377.010052.4-35.2%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to Sri Lanka in 2022:

  1. India (285.4K units)
  2. China (249.9K units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in Sri Lanka

In 2022, shipments abroad of handkerchiefs (not knitted or crocheted)s was finally on the rise to reach 152K units after two years of decline. In general, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, handkerchiefs (not knitted or crocheted) exports surged to $74K in 2022. Overall, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Handkerchiefs (Not Knitted or Crocheted) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20.79.40.359.542.2%
South KoreaN/AN/A0.112.512400.0%
Philippines8.12.21.1N/A-63.1%
Others43.212.03.92.0-64.1%
Total72.023.65.374.11.0%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from Sri Lanka in 2022:

  1. United States (129.7K units)
  2. South Korea (18.9K units)

Source: IndexBox Market Intelligence Platform

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