Price for Knitted or Crocheted Pile Fabrics in Sri Lanka - 2021
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Sri Lanka (CIF) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Sri Lanka (FOB) - 2022
- Imports of Knitted or Crocheted Pile Fabrics in Sri Lanka
- Exports of Knitted or Crocheted Pile Fabrics in Sri Lanka
Price for Knitted or Crocheted Pile Fabrics in Sri Lanka (CIF) - 2022
In 2022, the average import price for knitted or crocheted pile fabricses amounted to $7,921 per ton, with a decrease of -3.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 20%. Over the period under review, average import prices attained the maximum at $8,710 per ton in 2012; however, from 2013 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 Taiwan (Chinese) ($12,345 per ton), while the price for China ($5,532 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 (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knitted or Crocheted Pile Fabrics in Sri Lanka (FOB) - 2022
The average export price for knitted or crocheted pile fabricses stood at $2,282 per ton in 2022, declining by -21% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 54% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,439 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Bangladesh ($6,661 per ton), while the average price for exports to the United Arab Emirates ($427 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 India (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knitted or Crocheted Pile Fabrics in Sri Lanka
In 2022, the amount of knitted or crocheted pile fabricses imported into Sri Lanka shrank to 3.4K tons, with a decrease of -10.1% on 2021. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 25%.
In value terms, knitted or crocheted pile fabrics imports contracted to $27M in 2022. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year.
| Import of Knitted or Crocheted Pile Fabrics in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.0 | 2.8 | 7.5 | 7.1 | 33.3% |
| China | 11.9 | 5.0 | 5.7 | 5.5 | -22.7% |
| Taiwan (Chinese) | 10.3 | 7.1 | 4.4 | 5.3 | -19.9% |
| Pakistan | 3.3 | 1.5 | 3.4 | 3.3 | 0.0% |
| Bangladesh | 4.5 | 2.8 | 2.2 | 2.3 | -20.0% |
| Jordan | 1.3 | 1.2 | 1.2 | 1.3 | 0.0% |
| Thailand | 0.8 | 1.0 | 0.5 | 0.6 | -9.1% |
| Hong Kong SAR | 2.5 | 0.3 | 0.3 | 0.3 | -50.7% |
| Others | 2.8 | 1.2 | 6.1 | 1.6 | -17.0% |
| Total | 40.6 | 22.9 | 31.5 | 27.2 | -12.5% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Sri Lanka in 2022:
- China (989.0 tons)
- India (842.6 tons)
- Pakistan (479.4 tons)
- Taiwan (Chinese) (426.2 tons)
- Bangladesh (404.6 tons)
- Jordan (133.6 tons)
- Thailand (88.9 tons)
- Hong Kong SAR (28.0 tons)
Exports of Knitted or Crocheted Pile Fabrics in Sri Lanka
In 2022, overseas shipments of knitted or crocheted pile fabricses were finally on the rise to reach 73 tons after two years of decline. Over the period under review, exports, however, faced a deep reduction.
In value terms, knitted or crocheted pile fabrics exports fell to $167K in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 0.9%. As a result, the exports attained the peak of $168K, leveling off in the following year.
| Export of Knitted or Crocheted Pile Fabrics in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 37.9 | 28.8 | 45.7 | 46.4 | 7.0% |
| Bangladesh | 52.2 | 39.8 | 28.2 | 39.1 | -9.2% |
| Jordan | 1.0 | 0.6 | 0.9 | 29.2 | 207.9% |
| Lebanon | 3.2 | 8.8 | 13.9 | 14.1 | 63.9% |
| Indonesia | 4.9 | 6.8 | 14.3 | 12.8 | 37.7% |
| India | 3.1 | 11.0 | 5.0 | 6.9 | 30.6% |
| United Arab Emirates | 40.8 | 15.1 | 11.7 | 3.2 | -57.2% |
| Oman | N/A | 42.4 | N/A | N/A | 0% |
| Others | 21.8 | 13.1 | 48.2 | 15.6 | -10.6% |
| Total | 165 | 166 | 168 | 167 | 0.4% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Sri Lanka in 2022:
- Lebanon (22.5 tons)
- United Arab Emirates (7.6 tons)
- Taiwan (Chinese) (7.5 tons)
- Jordan (6.7 tons)
- India (6.2 tons)
- Bangladesh (5.9 tons)
- Indonesia (3.3 tons)
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