Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kuwait - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kuwait (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kuwait (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kuwait
- Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kuwait
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kuwait (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $8,749 per ton in 2022, which is down by -8.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 109%. As a result, import price attained the peak level of $9,971 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Bangladesh ($8,751 per ton) and India ($8,749 per ton), while the price for China ($8,655 per ton) and Italy ($8,746 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kuwait (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $8,514 per ton, declining by -18% against the previous year. Overall, the export price, however, posted strong growth. Over the period under review, the average export prices hit record highs at $15,110 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($8,514 per ton), while the average price for exports to Iraq stood at $8,513 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+18.3%), 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 Kuwait
In 2022, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted into Kuwait surged to 4.7 tons, growing by 487% compared with the year before. Overall, imports, however, saw a precipitous contraction.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted surged to $41K in 2022. In general, imports, however, continue to indicate a significant curtailment.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.7 | 0.1 | 0.3 | 18.8 | 71.9% |
| Bangladesh | N/A | N/A | N/A | 18.0 | 0% |
| Italy | 2.8 | N/A | N/A | 4.0 | 12.6% |
| China | 63.9 | N/A | N/A | 0.3 | -83.3% |
| South Korea | 120 | 2.3 | 4.2 | N/A | -81.3% |
| Indonesia | 6.6 | 0.1 | 0.2 | N/A | -82.6% |
| Taiwan (Chinese) | 3.0 | 0.1 | 0.1 | N/A | -81.7% |
| Others | 28.8 | 0.7 | 2.8 | N/A | -68.8% |
| Total | 228 | 3.3 | 7.7 | 41.1 | -43.5% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Kuwait in 2022:
- India (2.2 tons)
- Bangladesh (2.1 tons)
- Italy (0.5 tons)
Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kuwait
In 2022, approx. 2.7 tons of fabrics; looped pile fabrics, of cotton, knitted or crocheted were exported from Kuwait; rising by 16% compared with 2021 figures. Overall, exports, however, saw a dramatic shrinkage.
In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted dropped to $23K in 2022. Over the period under review, exports, however, showed a sharp reduction.
| Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 14.7 | 0% |
| Iraq | 2.3 | N/A | N/A | 8.2 | 52.8% |
| Qatar | 2.8 | N/A | 0.3 | N/A | -67.3% |
| Saudi Arabia | 82.8 | N/A | 14.0 | N/A | -58.9% |
| Bahrain | 22.8 | N/A | 3.0 | N/A | -63.7% |
| Others | 0.2 | N/A | 6.7 | N/A | 478.8% |
| Total | 111 | N/A | 24.1 | 22.9 | -40.9% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Kuwait in 2022:
- Turkey (1.7 tons)
- Iraq (1.0 tons)
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