Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Bangladesh - 2022
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Bangladesh (CIF) - 2022
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Bangladesh (FOB) - 2022
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Bangladesh
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Bangladesh
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Bangladesh (CIF) - 2022
In 2022, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $5.7 per square meter, waning by -16.5% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 woven fabrics of carded wool or of carded fine animal hair decreased by -19.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 47% against the previous year. The import price peaked at $7.1 per square meter in 2020; however, from 2021 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 Japan ($11 per square meter), while the price for China ($4 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Bangladesh (FOB) - 2022
The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $11 per square meter in 2022, waning by -39.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 242% against the previous year. As a result, the export price reached the peak level of $18 per square meter, and then declined notably in the following year.
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 the United Arab Emirates ($85 per square meter), while the average price for exports to Germany ($2.3 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 the United Arab Emirates (+228.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Bangladesh
In 2022, supplies from abroad of woven fabrics of carded wool or of carded fine animal hair was finally on the rise to reach 1.2M square meters after two years of decline. Overall, imports, however, continue to indicate a noticeable decrease. Over the period under review, imports of hit record highs at 1.3M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair fell modestly to $6.8M in 2022. Over the period under review, imports, however, recorded a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 3.6%. As a result, imports reached the peak of $8.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 4.0 | 4.6 | 3.6 | 7.5% |
| Japan | 3.2 | 2.2 | 1.6 | 1.4 | -24.1% |
| Italy | 1.3 | 1.5 | 0.5 | 1.1 | -5.4% |
| Others | 0.7 | 0.5 | 0.4 | 0.7 | 0.0% |
| Total | 8.0 | 8.3 | 7.1 | 6.8 | -5.3% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Bangladesh in 2022:
- China (908.7K square meters)
- Japan (128.2K square meters)
- Italy (117.8K square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Bangladesh
Exports of woven fabrics of carded wool or of carded fine animal hair from Bangladesh surged to 951 square meters in 2022, growing by 212% compared with the year before. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,071%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair skyrocketed to $11K in 2022. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 591%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.1 | N/A | 2.1 | 6.6 | 304.1% |
| Maldives | N/A | N/A | 3.2 | 1.9 | -40.6% |
| Germany | N/A | N/A | N/A | 1.5 | 0% |
| Netherlands | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Belgium | N/A | 3.0 | 0.2 | N/A | -93.3% |
| Others | 0.4 | N/A | N/A | 0.2 | -20.6% |
| Total | 0.4 | 3.0 | 5.6 | 10.6 | 198.1% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Bangladesh in 2022:
- Germany (658.0 square meters)
- Maldives (166.0 square meters)
- United Arab Emirates (77.0 square meters)
- Netherlands (37.0 square meters)
- Belgium (2.0 square meters)
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