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

Contents:

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

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

In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $12,895 per ton, remaining constant against the previous year. Over the period under review, the import price, however, showed a noticeable decrease. The growth pace was the most rapid in 2018 when the average import price increased by 64% against the previous year. The import price peaked at $20,006 per ton in 2013; however, from 2014 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 Japan ($42,416 per ton), while the price for Turkey ($6,373 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+1.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $18,079 per ton in 2022, jumping by 23% against the previous year. Overall, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 64% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($42,158 per ton), while the average price for exports to Slovakia ($6,286 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 Albania (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of fabrics; looped pile fabrics, of cotton, knitted or crocheted imported into Italy soared to 251 tons, growing by 373% against the previous year. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted soared to $3.2M in 2022. In general, imports continue to indicate a significant expansion. 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 Italy in 2022:

1. Turkey (149.1 tons)
2. Spain (76.0 tons)
3. Japan (11.4 tons)
4. Netherlands (8.9 tons)

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

In 2022, overseas shipments of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -13.6% to 153 tons, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 6.5% against the previous year. As a result, the exports reached the peak of 258 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted rose sharply to $2.8M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Tunisia (36.4 tons)
2. Germany (20.7 tons)
3. Netherlands (19.3 tons)
4. Bulgaria (18.8 tons)
5. Albania (13.3 tons)
6. Spain (5.7 tons)
7. Portugal (4.5 tons)
8. Serbia (4.4 tons)
9. Austria (3.4 tons)
10. Turkey (3.2 tons)
11. Slovakia (3.2 tons)
12. Croatia (3.0 tons)
13. Switzerland (2.4 tons)

Source: IndexBox Market Intelligence Platform