Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Sri Lanka - 2022
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Sri Lanka (CIF) - 2022
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Sri Lanka (FOB) - 2022
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Sri Lanka
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Sri Lanka
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Sri Lanka (CIF) - 2022
In 2022, the average import price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $7,514 per ton, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 39% against the previous year. The import price peaked at $9,497 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 Taiwan (Chinese) ($11,799 per ton), while the price for Pakistan ($4,386 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Sri Lanka (FOB) - 2022
In 2022, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $9,116 per ton, jumping by 48% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fabrics, knitted or crocheted, of a width of > 30 cms increased by +63.3% against 2019 indices. 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($16,449 per ton), while the average price for exports to India ($2,866 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 United Arab Emirates (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Sri Lanka
Imports of fabrics, knitted or crocheted, of a width of > 30 cms into Sri Lanka stood at 61K tons in 2022, growing by 10% against the year before. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms amounted to $462M in 2022. The total import value increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 107 | 115 | 162 | 187 | 20.5% |
| China | 142 | 99.2 | 104 | 131 | -2.7% |
| Taiwan (Chinese) | 71.9 | 49.9 | 61.6 | 66.7 | -2.5% |
| Pakistan | 18.9 | 16.7 | 27.7 | 26.3 | 11.6% |
| Thailand | 10.0 | 6.3 | 8.0 | 8.4 | -5.6% |
| Vietnam | 16.0 | 10.0 | 16.1 | 7.5 | -22.3% |
| Others | 28.8 | 26.5 | 38.2 | 34.9 | 6.6% |
| Total | 395 | 323 | 417 | 462 | 5.4% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Sri Lanka in 2022:
- India (25.4K tons)
- China (19.2K tons)
- Pakistan (6.0K tons)
- Taiwan (Chinese) (5.6K tons)
- Thailand (1.2K tons)
- Vietnam (0.9K tons)
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Sri Lanka
In 2022, approx. 7.5K tons of fabrics, knitted or crocheted, of a width of > 30 cms were exported from Sri Lanka; with an increase of 2.5% against the previous year. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 88% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms soared to $69M in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 93% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 0.4 | 5.7 | 10.6 | 25.9 | 301.6% |
| Kenya | 3.8 | 6.4 | 11.0 | 15.6 | 60.1% |
| United Arab Emirates | N/A | 0.6 | 2.5 | 6.5 | 229.1% |
| India | 8.3 | 4.1 | 8.0 | 6.4 | -8.3% |
| Indonesia | 3.8 | 2.0 | 3.9 | 5.7 | 14.5% |
| Vietnam | 4.1 | 2.9 | 7.0 | 5.3 | 8.9% |
| Thailand | N/A | 0.2 | 1.4 | N/A | 600.0% |
| Others | 1.9 | 1.5 | 0.7 | 3.2 | 19.0% |
| Total | 22.5 | 23.4 | 45.1 | 68.5 | 44.9% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Sri Lanka in 2022:
- India (2215.7 tons)
- Jordan (2212.9 tons)
- Kenya (1283.8 tons)
- United Arab Emirates (639.0 tons)
- Vietnam (520.1 tons)
- Indonesia (345.5 tons)
- Thailand (1.9 tons)
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