Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Nepal - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Nepal (CIF) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Nepal
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Nepal (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $8,733 per ton in 2022, with an increase of 139% against the previous year. In general, the import price continues to indicate a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 India ($8,765 per ton), while the price for South Korea ($2,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Nepal
In 2022, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted into Nepal shrank sharply to 558 kg, falling by -97.6% on the previous year's figure. Over the period under review, imports showed a dramatic shrinkage. The smallest decline of -17.3% was in 2021.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted contracted sharply to $4.9K in 2022. Overall, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 20%.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 0.2 | 0.1 | 4.7 | 260.9% |
| India | 10.4 | 9.9 | 2.0 | 0.1 | -78.7% |
| Bangladesh | 158 | 61.0 | 83.4 | N/A | -27.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 169 | 71.1 | 85.5 | 4.9 | -69.3% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Nepal in 2022:
- China (540.0 kg)
- India (17.0 kg)
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