Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bangladesh - 2022
Contents:
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bangladesh (CIF) - 2022
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bangladesh (FOB) - 2022
- Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bangladesh
- Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bangladesh
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bangladesh (CIF) - 2022
In 2022, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $7.9 per square meter, growing by 12% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $10 per square meter. From 2015 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 India ($9.5 per square meter), while the price for the United States ($1.7 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.9%), while the prices for the other major suppliers experienced a decline.
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bangladesh (FOB) - 2022
The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $8.6 per square meter in 2022, with an increase of 5.7% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2014 when the average export price increased by 40% against the previous year. The export price peaked at $13 per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($25 per square meter), while the average price for exports to South Korea ($3.1 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 Canada (+15.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bangladesh
In 2022, approx. 1.4M square meters of woven fabrics of combed wool or of combed fine animal hair were imported into Bangladesh; with an increase of 118% on 2021 figures. In general, imports continue to indicate measured growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $11M in 2022. Over the period under review, imports showed measured growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.0 | 1.5 | 3.4 | 7.7 | -1.3% |
| India | 0.5 | 0.2 | 0.3 | 2.4 | 68.7% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Japan | 0.4 | 0.2 | 0.1 | 0.1 | -37.0% |
| Others | 0.8 | 0.9 | 0.8 | 0.9 | 4.0% |
| Total | 9.8 | 2.8 | 4.6 | 11.2 | 4.6% |
Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Bangladesh in 2022:
- China (1050.4K square meters)
- India (251.2K square meters)
- United States (37.8K square meters)
- Japan (8.0K square meters)
Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bangladesh
In 2022, exports of woven fabrics of combed wool or of combed fine animal hair from Bangladesh soared to 957 square meters, growing by 82% compared with 2021 figures. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,155% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $8.2K in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,118%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Bangladesh (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 310 | 274 | 2,960 | 4,422 | 142.5% |
| Canada | 39.0 | 53.0 | 875 | 3,082 | 329.1% |
| Singapore | N/A | N/A | N/A | 482 | 0% |
| South Korea | 72.0 | 24.0 | 180 | 128 | 21.1% |
| United Arab Emirates | 97.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 260 | 89.0 | -65.8% |
| Total | 518 | 351 | 4,275 | 8,203 | 151.1% |
Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Bangladesh in 2022:
- Canada (703.0 square meters)
- Norway (175.0 square meters)
- South Korea (41.0 square meters)
- Singapore (32.0 square meters)
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