Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Egypt - 2023

Contents:

1. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Egypt (CIF) - 2022
2. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Egypt (FOB) - 2022
3. Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Egypt
4. Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Egypt

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Egypt (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $8,511 per ton, rising by 12% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 112% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($8,511 per ton), while the price for China ($8,511 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Egypt (FOB) - 2022

The average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $8,985 per ton in 2022, picking up by 45% against the previous year. Over the period under review, the export price recorded a mild expansion. The most prominent rate of growth was recorded in 2015 an increase of 142%. As a result, the export price attained the peak level of $17,967 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +1.9% per year.

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Egypt

In 2022, purchases abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted was finally on the rise to reach 36 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a drastic downturn.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted skyrocketed to $309K in 2022. Over the period under review, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Egypt in 2022:

1. India (23.8 tons)
2. China (7.3 tons)
3. Turkey (5.0 tons)

Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Egypt

After three years of growth, shipments abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by 99.9% to 67 kg in 2022. Overall, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 421%.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted dropped dramatically to $602 in 2022. Over the period under review, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 458%. As a result, the exports attained the peak of $3.8M, and then reduced markedly in the following year.

Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Egypt in 2022:

1. Turkey (67.0 kg)

Source: IndexBox Market Intelligence Platform