Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Pakistan - 2022

Contents:

1. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Pakistan (FOB) - 2022
2. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Pakistan (CIF) - 2022
3. Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Pakistan
4. Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Pakistan

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Pakistan (FOB) - 2022

In 2022, the average export price for woven fabrics of coarse animal hair or of horsehair amounted to $35,347 per ton, leveling off at the previous year. Overall, the export price recorded strong growth. The most prominent rate of growth was recorded in 2020 an increase of 49% against the previous year. As a result, the export price attained the peak level of $48,898 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.9% per year.

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Pakistan (CIF) - 2022

The average import price for woven fabrics of coarse animal hair or of horsehair stood at $5,599 per ton in 2022, with an increase of 4.3% against the previous year. In general, the import price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 65%. The import price peaked at $21,540 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($9,500 per ton), while the price for France ($1,000 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 (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Pakistan

For the third year in a row, Pakistan recorded decline in shipments abroad of woven fabrics of coarse animal hair or of horsehair, which decreased by 0% to 121 kg in 2022. Overall, exports faced a sharp slump. The smallest decline of -6.5% was in 2020.

In value terms, exports of woven fabrics of coarse animal hair or of horsehair totaled $4.3K in 2022. Over the period under review, exports saw a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 39% against the previous year. As a result, the exports reached the peak of $13K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Woven Fabrics of Coarse Animal Hair or of Horsehair from Pakistan in 2022:

1. United States (121.0 kg)

Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Pakistan

In 2022, overseas purchases of woven fabrics of coarse animal hair or of horsehair increased by 34% to 157 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a dramatic shrinkage.

In value terms, imports of woven fabrics of coarse animal hair or of horsehair surged to $879 in 2022. Over the period under review, imports, however, recorded a significant decline.

Top Suppliers of Woven Fabrics of Coarse Animal Hair or of Horsehair to Pakistan in 2022:

1. China (56.0 kg)
2. United Kingdom (39.0 kg)
3. Italy (32.0 kg)
4. Hong Kong SAR (29.0 kg)
5. France (1.0 kg)

Source: IndexBox Market Intelligence Platform