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

Contents:

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

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

The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $17,294 per ton in 2022, standing approx. at the previous year. In general, the import price, however, recorded temperate growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 54% against the previous year. The import price peaked at $28,692 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($27,383 per ton), while the price for Turkey totaled $10,153 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+353.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $63,304 per ton, surging by 125% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $70,211 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($64,955 per ton), while the average price for exports to the United States totaled $27,000 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+138.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of fabrics; looped pile fabrics, of cotton, knitted or crocheted imported into Ireland skyrocketed to 1.2 tons, with an increase of 170% against the year before. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,565% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted surged to $20K in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 916% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ireland (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United Kingdom0.64.011.9345.3%
TurkeyN/A2.87.3160.7%
Others0.10.81.1231.7%
Total0.77.620.2437.2%

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

  1. Turkey (719.0 kg)
  2. United Kingdom (433.0 kg)

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

In 2022, approx. 23 kg of fabrics; looped pile fabrics, of cotton, knitted or crocheted were exported from Ireland; with a decrease of -57.4% on the previous year's figure. Overall, exports saw a sharp contraction.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted contracted modestly to $1.5K in 2022. Over the period under review, exports recorded a dramatic decrease.

Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A1.41.40.0%
Norway82.112.3N/AN/A-85.0%
United StatesN/AN/AN/AN/A0%
OthersN/AN/A0.1N/A0%
Total82.112.31.51.5-73.7%

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

  1. United Kingdom (22.0 kg)
  2. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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