Price for Knitted or Crocheted Pile Fabrics in Estonia - 2024

Contents:

1. Price for Knitted or Crocheted Pile Fabrics in Estonia (CIF) - 2022
2. Price for Knitted or Crocheted Pile Fabrics in Estonia (FOB) - 2022
3. Imports of Knitted or Crocheted Pile Fabrics in Estonia
4. Exports of Knitted or Crocheted Pile Fabrics in Estonia

Price for Knitted or Crocheted Pile Fabrics in Estonia (CIF) - 2022

In 2022, the average import price for knitted or crocheted pile fabricses amounted to $9,795 per ton, which is down by -16.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 39% against the previous year. The import price peaked at $12,782 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($20,456 per ton), while the price for Turkey ($2,228 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knitted or Crocheted Pile Fabrics in Estonia (FOB) - 2022

In 2022, the average export price for knitted or crocheted pile fabricses amounted to $11,256 per ton, falling by -1.7% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, knitted or crocheted pile fabrics export price decreased by -27.7% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 58% against the previous year. The export price peaked at $15,568 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($15,189 per ton), while the average price for exports to Finland ($5,261 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 Belarus (+66.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Knitted or Crocheted Pile Fabrics in Estonia

Knitted or crocheted pile fabrics imports into Estonia rose notably to 340 tons in 2022, growing by 6.2% compared with the previous year. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, knitted or crocheted pile fabrics imports reduced to $3.3M in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 35%. As a result, imports reached the peak of $3.8M, and then dropped in the following year.

Top Suppliers of Knitted or Crocheted Pile Fabrics to Estonia in 2022:

1. China (162.1 tons)
2. Lithuania (42.8 tons)
3. Poland (41.2 tons)
4. Netherlands (25.1 tons)
5. Italy (20.7 tons)
6. Sweden (11.7 tons)
7. Belgium (11.2 tons)
8. Finland (4.4 tons)

Exports of Knitted or Crocheted Pile Fabrics in Estonia

In 2022, the amount of knitted or crocheted pile fabricses exported from Estonia surged to 52 tons, picking up by 20% against 2021. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, knitted or crocheted pile fabrics exports soared to $584K in 2022. In general, exports, however, continue to indicate a perceptible slump. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year.

Top Export Markets for Knitted or Crocheted Pile Fabrics from Estonia in 2022:

1. Latvia (16.9 tons)
2. Finland (15.0 tons)
3. Russia (12.7 tons)
4. Ukraine (5.9 tons)

Source: IndexBox Market Intelligence Platform