Price for Knitted or Crocheted Pile Fabrics in Algeria - 2022
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Algeria (CIF) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Algeria (FOB) - 2022
- Imports of Knitted or Crocheted Pile Fabrics in Algeria
- Exports of Knitted or Crocheted Pile Fabrics in Algeria
Price for Knitted or Crocheted Pile Fabrics in Algeria (CIF) - 2022
In 2022, the average import price for knitted or crocheted pile fabricses amounted to $3,462 per ton, approximately equating the previous year. Overall, the import price saw a noticeable setback. The growth pace was the most rapid in 2021 when the average import price increased by 13% against the previous year. Over the period under review, average import prices hit record highs at $5,022 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Spain ($7,627 per ton), while the price for South Korea ($1,277 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knitted or Crocheted Pile Fabrics in Algeria (FOB) - 2022
In 2022, the average export price for knitted or crocheted pile fabricses amounted to $7,051 per ton, with a decrease of -18% against the previous year. Over the period under review, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 65% against the previous year. The export price peaked at $13,615 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2019 to 2022, the rate of growth in terms of prices for France amounted to -22.7% per year.
Imports of Knitted or Crocheted Pile Fabrics in Algeria
In 2022, approx. 16K tons of knitted or crocheted pile fabricses were imported into Algeria; with an increase of 20% compared with the year before. The total import volume increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, knitted or crocheted pile fabrics imports skyrocketed to $56M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
Import of Knitted or Crocheted Pile Fabrics in Algeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 19.7 | 21.2 | 31.4 | 20.6 | 1.5% |
Egypt | 1.7 | 0.8 | 0.5 | 18.8 | 122.8% |
Turkey | 4.6 | 4.2 | 6.6 | 12.5 | 39.5% |
Spain | 11.6 | 7.7 | 6.3 | 1.3 | -51.8% |
South Korea | 2.3 | 0.7 | 0.7 | 0.3 | -49.3% |
Others | 3.5 | 1.2 | 1.8 | 2.8 | -7.2% |
Total | 43.4 | 35.8 | 47.3 | 56.2 | 9.0% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Algeria in 2022:
- China (9.1K tons)
- Turkey (3.1K tons)
- Egypt (2.9K tons)
- South Korea (0.2K tons)
- Spain (0.2K tons)
Exports of Knitted or Crocheted Pile Fabrics in Algeria
In 2022, after three years of growth, there was significant decline in overseas shipments of knitted or crocheted pile fabricses, when their volume decreased by -6.2% to 30 kg. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 108% against the previous year.
In value terms, knitted or crocheted pile fabrics exports dropped significantly to $208 in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 95%. As a result, the exports reached the peak of $275, and then shrank sharply in the following year.
Export of Knitted or Crocheted Pile Fabrics in Algeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 152 | 141 | 275 | 208 | 11.0% |
Indonesia | 25.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 177 | 141 | 275 | 208 | 5.5% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Algeria in 2022:
- France (30.0 kg)
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