Price for Knitted or Crocheted Pile Fabrics in Romania - 2023

Contents:

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

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

In 2022, the average import price for knitted or crocheted pile fabricses amounted to $8,491 per ton, which is down by -5.5% against the previous year. In general, the import price recorded a mild decline. The pace of growth appeared the most rapid in 2019 an increase of 13% against the previous year. The import price peaked at $12,118 per ton in 2014; however, from 2015 to 2022, 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 Belgium ($12,765 per ton), while the price for China ($4,378 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for knitted or crocheted pile fabricses stood at $7,836 per ton in 2022, dropping by -5.6% against the previous year. Overall, the export price, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 130% against the previous year. The export price peaked at $11,352 per ton in 2019; however, from 2020 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 Bosnia and Herzegovina ($17,739 per ton), while the average price for exports to Lithuania ($4,293 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 Bosnia and Herzegovina (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knitted or Crocheted Pile Fabrics in Romania

For the fourth year in a row, Romania recorded growth in supplies from abroad of knitted or crocheted pile fabricses, which increased by 8.6% to 3.2K tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +59.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, knitted or crocheted pile fabrics imports stood at $27M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 27%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. China (997.7 tons)
2. Italy (981.6 tons)
3. Germany (314.9 tons)
4. Ireland (250.5 tons)
5. Poland (137.4 tons)
6. Turkey (75.8 tons)
7. Netherlands (70.4 tons)
8. Hungary (54.8 tons)

Exports of Knitted or Crocheted Pile Fabrics in Romania

Knitted or crocheted pile fabrics exports from Romania expanded markedly to 210 tons in 2022, growing by 12% on the year before. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 77%. As a result, the exports attained the peak of 372 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, knitted or crocheted pile fabrics exports rose sharply to $1.6M in 2022. In general, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 40%. As a result, the exports attained the peak of $3.3M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

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

1. Serbia (55.4 tons)
2. Italy (32.0 tons)
3. Ireland (22.7 tons)
4. Poland (12.3 tons)
5. Austria (12.0 tons)
6. Moldova (11.7 tons)
7. Ukraine (10.7 tons)
8. Germany (7.6 tons)
9. Spain (6.3 tons)
10. Bosnia and Herzegovina (5.8 tons)
11. Albania (5.7 tons)
12. Greece (5.6 tons)
13. Lithuania (5.1 tons)

Source: IndexBox Market Intelligence Platform