Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Canada - 2024

Contents:

  1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Canada (CIF) - 2024
  2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Canada (FOB) - 2024
  3. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Canada
  4. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Canada

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Canada (CIF) - 2024

The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $4,912 per ton in December 2023, dropping by -26.6% against the previous month. Over the period under review, the import price showed a mild decline. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 48% against the previous month. As a result, import price reached the peak level of $8,151 per ton. From November 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($17,010 per ton), while the price for South Korea ($1,683 per ton) was amongst the lowest.

From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Canada (FOB) - 2024

In December 2023, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $9,576 per ton, waning by -7.9% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average export price increased by 23% m-o-m. Over the period under review, the average export prices reached the peak figure at $10,907 per ton in October 2023; however, from November 2023 to December 2023, the export prices remained at a lower figure.

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

From February 2023 to December 2023, the rate of growth in terms of prices for the United States amounted to -1.4% per month.

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Canada

In 2022, imports of fabrics, knitted or crocheted, of a width of > 30 cms into Canada declined slightly to 8K tons, remaining stable against 2021 figures. In general, imports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by 13%.

In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms rose modestly to $55M in 2022. Overall, imports showed a mild decline. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year.

Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.117.622.223.0-0.1%
United States16.212.512.111.8-10.0%
South Korea5.83.93.85.2-3.6%
Turkey3.24.14.44.411.2%
Taiwan (Chinese)3.02.22.43.22.2%
Others6.76.77.77.53.8%
Total58.147.052.555.1-1.8%

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Canada in 2022:

  1. China (4.3K tons)
  2. United States (1.2K tons)
  3. Turkey (0.9K tons)
  4. South Korea (0.8K tons)
  5. Taiwan (Chinese) (0.3K tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Canada

Exports of fabrics, knitted or crocheted, of a width of > 30 cms from Canada reduced to 5.4K tons in 2022, falling by -13.2% compared with the year before. In general, exports recorded a abrupt curtailment. The smallest decline of -0.1% was in 2021.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms rose slightly to $55M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States45.545.050.953.05.2%
Others3.32.32.22.0-15.4%
Total48.847.353.155.04.1%

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Canada in 2022:

  1. United States (5.1K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; knitted or crocheted fabrics, other than those of headings 60.01 to 60.04 - Canada