Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sri Lanka - 2022
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sri Lanka (CIF) - 2022
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sri Lanka (FOB) - 2022
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sri Lanka
- Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sri Lanka
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sri Lanka (CIF) - 2022
The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $3.2 per square meter in 2022, rising by 29% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for textile fabrics, rubberised; other than those of heading no. 5902s increased by +44.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the United States ($11 per square meter), while the price for Pakistan ($1.2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sri Lanka (FOB) - 2022
In 2022, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $4.3 per square meter, which is down by -12.1% against the previous year. Over the period under review, the export price, however, recorded a mild increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 87%. As a result, the export price reached the peak level of $6.3 per square meter. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($23 per square meter), while the average price for exports to Pakistan ($0.6 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+96.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas purchases of textile fabrics, rubberised; other than those of heading no. 5902s, when their volume decreased by -38.1% to 715K square meters. Overall, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of 1.2M square meters, and then reduced remarkably in the following year.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s dropped remarkably to $2.3M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.2% 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 +30.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. As a result, imports reached the peak of $2.9M, and then declined significantly in the following year.
| Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 261 | 758 | 1,385 | 1,135 | 63.2% |
| Germany | 613 | 488 | 776 | 360 | -16.3% |
| China | 157 | 181 | 222 | 330 | 28.1% |
| Canada | 87.8 | 45.3 | 236 | 303 | 51.1% |
| India | 44.7 | 17.0 | 63.2 | 23.8 | -18.9% |
| United States | 324 | 38.7 | 18.4 | 15.3 | -63.9% |
| Others | 434 | 238 | 186 | 131 | -32.9% |
| Total | 1,922 | 1,766 | 2,887 | 2,299 | 6.2% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Sri Lanka in 2022:
- Taiwan (Chinese) (327.6K square meters)
- China (166.5K square meters)
- Germany (115.5K square meters)
- Canada (51.3K square meters)
- India (18.5K square meters)
- United States (1.3K square meters)
Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sri Lanka
Exports of textile fabrics, rubberised; other than those of heading no. 5902s from Sri Lanka dropped notably to 5.6K square meters in 2022, with a decrease of -62.3% on the previous year's figure. Overall, exports showed a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 1,135% against the previous year. As a result, the exports attained the peak of 15K square meters, and then declined sharply in the following year.
In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s contracted notably to $24K in 2022. Over the period under review, exports saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 852%. As a result, the exports attained the peak of $73K, and then reduced sharply in the following year.
| Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.3 | 0.7 | 20.4 | 5.5 | 18.6% |
| Belgium | 7.2 | 1.6 | 7.8 | 5.1 | -10.9% |
| Vietnam | 2.6 | 0.5 | 2.5 | 1.4 | -18.6% |
| France | 1.4 | 0.4 | 14.1 | 1.2 | -5.0% |
| Germany | 0.3 | N/A | 3.6 | 1.0 | 49.4% |
| Haiti | N/A | N/A | 1.9 | 1.0 | -47.4% |
| Bangladesh | 9.3 | 1.2 | 3.2 | 0.8 | -55.9% |
| Oman | 0.4 | 0.6 | 1.7 | 0.7 | 20.5% |
| New Zealand | 0.3 | 0.1 | 0.6 | 0.5 | 18.6% |
| Netherlands | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Pakistan | 0.5 | 0.1 | 0.4 | 0.2 | -26.3% |
| Maldives | 0.3 | N/A | 0.4 | 0.2 | -12.6% |
| United Arab Emirates | N/A | N/A | N/A | 0.2 | 0% |
| Others | 14.7 | 2.5 | 16.1 | 6.0 | -25.8% |
| Total | 40.4 | 7.7 | 72.9 | 24.2 | -15.7% |
Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Sri Lanka in 2022:
- United States (2436.0 square meters)
- Belgium (770.0 square meters)
- Germany (585.0 square meters)
- Pakistan (353.0 square meters)
- Oman (301.0 square meters)
- Vietnam (235.0 square meters)
- United Arab Emirates (174.0 square meters)
- Haiti (136.0 square meters)
- Maldives (119.0 square meters)
- Netherlands (96.0 square meters)
- New Zealand (92.0 square meters)
- France (62.0 square meters)
- Bangladesh (34.0 square meters)
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