Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Sri Lanka - 2022
Contents:
- Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Sri Lanka (CIF) - 2022
- Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Sri Lanka
Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Sri Lanka (CIF) - 2022
The average import price for woven fabrics of coarse animal hair or of horsehair stood at $7,070 per ton in 2022, rising by 13% against the previous year. In general, the import price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 39% against the previous year. As a result, import price reached the peak level of $16,486 per ton. From 2017 to 2022, the average 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 Italy ($37,357 per ton), while the price for India ($2,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.1%), while the prices for the other major suppliers experienced a decline.
Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Sri Lanka
In 2022, imports of woven fabrics of coarse animal hair or of horsehair into Sri Lanka skyrocketed to 2.4 tons, rising by 66% compared with the previous year. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 192%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of woven fabrics of coarse animal hair or of horsehair soared to $17K in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 250%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Woven Fabrics of Coarse Animal Hair or of Horsehair in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 1.7 | 6.7 | 14.7 | 427.8% |
| Italy | N/A | 0.4 | 1.9 | 2.1 | 129.1% |
| Hong Kong SAR | 0.1 | 0.4 | 0.5 | 0.4 | 58.7% |
| Thailand | 1.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.6 | 2.6 | 9.1 | 17.2 | 120.7% |
Top Suppliers of Woven Fabrics of Coarse Animal Hair or of Horsehair to Sri Lanka in 2022:
- China (2331.0 kg)
- Italy (56.0 kg)
- Hong Kong SAR (37.0 kg)
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