Price for Knitted or Crocheted Pile Fabrics in Norway - 2023
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Norway (CIF) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Norway (FOB) - 2022
- Imports of Knitted or Crocheted Pile Fabrics in Norway
- Exports of Knitted or Crocheted Pile Fabrics in Norway
Price for Knitted or Crocheted Pile Fabrics in Norway (CIF) - 2022
The average import price for knitted or crocheted pile fabricses stood at $14,264 per ton in 2022, increasing by 13% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, knitted or crocheted pile fabrics import price increased by +23.4% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 77%. The import price peaked in 2022 and is likely to continue growth in years to come.
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 Lithuania ($47,796 per ton), while the price for Denmark ($4,491 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knitted or Crocheted Pile Fabrics in Norway (FOB) - 2022
The average export price for knitted or crocheted pile fabricses stood at $21,344 per ton in 2022, jumping by 128% against the previous year. In general, the export price enjoyed a perceptible increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Latvia ($41,252 per ton), while the average price for exports to the Netherlands ($7,801 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knitted or Crocheted Pile Fabrics in Norway
For the third year in a row, Norway recorded decline in purchases abroad of knitted or crocheted pile fabricses, which decreased by -33.6% to 179 tons in 2022. In general, imports showed a deep contraction. The smallest decline of -0.6% was in 2021.
In value terms, knitted or crocheted pile fabrics imports declined notably to $2.6M in 2022. Overall, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 13%. As a result, imports attained the peak of $3.4M, and then plummeted in the following year.
| Import of Knitted or Crocheted Pile Fabrics in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 311 | 368 | 405 | 497 | 16.9% |
| Netherlands | 272 | 271 | 369 | 441 | 17.5% |
| Germany | 93.0 | 134 | 80.9 | 433 | 67.0% |
| China | 15.1 | 3.2 | 2.5 | 383 | 193.8% |
| Sweden | 294 | 251 | 425 | 307 | 1.5% |
| United Kingdom | 50.4 | 75.0 | 40.7 | 153 | 44.8% |
| Denmark | 425 | 434 | 290 | 57.5 | -48.7% |
| Spain | 191 | 28.0 | 12.1 | 23.3 | -50.4% |
| Others | 1,605 | 1,456 | 1,789 | 264 | -45.2% |
| Total | 3,256 | 3,020 | 3,414 | 2,559 | -7.7% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Norway in 2022:
- Netherlands (53.6 tons)
- China (40.2 tons)
- Germany (23.6 tons)
- United Kingdom (16.3 tons)
- Denmark (12.8 tons)
- Lithuania (10.4 tons)
- Sweden (7.4 tons)
- Spain (0.9 tons)
Exports of Knitted or Crocheted Pile Fabrics in Norway
In 2022, knitted or crocheted pile fabrics exports from Norway soared to 6.6 tons, jumping by 153% compared with 2021. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 200%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, knitted or crocheted pile fabrics exports soared to $142K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Knitted or Crocheted Pile Fabrics in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 0.5 | 63.9 | 12680.0% |
| Russia | N/A | N/A | N/A | 18.5 | 0% |
| Sweden | 2.7 | 6.2 | 0.1 | 11.8 | 63.5% |
| Spain | N/A | N/A | N/A | 11.7 | 0% |
| Lithuania | 5.6 | N/A | 1.8 | 9.6 | 19.7% |
| Netherlands | N/A | N/A | N/A | 9.4 | 0% |
| Latvia | 5.4 | N/A | 2.3 | 6.4 | 5.8% |
| China | N/A | N/A | 7.4 | 0.3 | -95.9% |
| Thailand | N/A | N/A | 3.0 | N/A | 0% |
| Others | 14.4 | 9.0 | 9.6 | 9.9 | -11.7% |
| Total | 28.1 | 15.2 | 24.6 | 142 | 71.6% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Norway in 2022:
- United States (2445.0 kg)
- Netherlands (1200.0 kg)
- Russia (735.0 kg)
- Lithuania (723.0 kg)
- Sweden (721.0 kg)
- Spain (387.0 kg)
- Latvia (155.0 kg)
- China (36.0 kg)
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