Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Sri Lanka - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Sri Lanka (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Sri Lanka (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Sri Lanka
- Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Sri Lanka
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Sri Lanka (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $9,507 per ton, surging by 8.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2020 an increase of 22%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($15,136 per ton), while the price for Indonesia ($8,770 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Sri Lanka (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $37,763 per ton, growing by 424% against the previous year. Over the period under review, the export price enjoyed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +18.4% per year.
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Sri Lanka
In 2022, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted into Sri Lanka amounted to 109 tons, picking up by 12% against 2021 figures. Overall, imports, however, faced a sharp slump. The pace of growth appeared the most rapid in 2021 when imports increased by 14%.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted surged to $1M in 2022. Over the period under review, imports, however, faced a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 496 | 165 | 431 | 513 | 1.1% |
| Indonesia | 130 | 39.4 | 129 | 510 | 57.7% |
| China | 428 | 42.8 | 15.7 | 9.6 | -71.8% |
| South Korea | 277 | 53.8 | 41.1 | N/A | -61.5% |
| Thailand | 109 | 20.0 | 12.5 | N/A | -66.1% |
| Vietnam | 198 | 65.3 | N/A | N/A | -67.0% |
| Malaysia | 750 | 147 | 115 | N/A | -60.8% |
| Others | 486 | 126 | 104 | 2.3 | -83.2% |
| Total | 2,872 | 660 | 848 | 1,036 | -28.8% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Sri Lanka in 2022:
- Indonesia (58.2 tons)
- India (49.9 tons)
- China (0.6 tons)
Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Sri Lanka
In 2022, shipments abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted was finally on the rise to reach 6.6 tons after two years of decline. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted surged to $251K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1.0 | 0.2 | 0.3 | 251 | 530.8% |
| United Arab Emirates | 4.7 | 0.5 | 0.4 | N/A | -70.8% |
| Others | 4.6 | 0.8 | 0.9 | N/A | -55.8% |
| Total | 10.4 | 1.6 | 1.6 | 251 | 189.0% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Sri Lanka in 2022:
- Indonesia (6.6 tons)
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