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

Contents:

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

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

In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $12,299 per ton, growing by 90% against the previous year. Over the period under review, the import price posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 129%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Italy ($37,496 per ton), while the price for Turkey ($3,412 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-5.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $5,618 per ton in 2022, which is down by -35.8% against the previous year. Overall, the export price continues to indicate a deep contraction. The growth pace was the most rapid in 2020 when the average export price increased by 91% against the previous year. Over the period under review, the average export prices attained the maximum at $12,744 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($14,096 per ton), while the average price for exports to Montenegro stood at $3,182 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (-11.8%), while the prices for the other major destinations experienced a decline.

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

For the third year in a row, Serbia recorded decline in purchases abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted, which decreased by -30.2% to 6.2 tons in 2022. In general, imports continue to indicate a sharp reduction. The smallest decline of -13.2% was in 2020.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted soared to $76K in 2022. Over the period under review, imports continue to indicate a precipitous slump.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.6N/A29.855.5352.3%
Turkey21216318.714.7-58.9%
GermanyN/A4.68.64.4-2.2%
Others5.30.1N/A1.4-35.8%
Total21816857.175.9-29.7%

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

  1. Turkey (4.3 tons)
  2. Italy (1.5 tons)
  3. Germany (0.3 tons)

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

After three years of growth, shipments abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -90.5% to 233 kg in 2022. Over the period under review, exports saw a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 144%. As a result, the exports reached the peak of 2.5 tons, and then contracted sharply in the following year.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted dropped notably to $1.3K in 2022. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 226% against the previous year.

Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A0.20.7250.0%
MontenegroN/AN/A0.40.650.0%
BulgariaN/A7.0N/AN/A0%
Bosnia and Herzegovina2.30.5N/AN/A-78.3%
ItalyN/AN/A20.9N/A0%
OthersN/AN/AN/AN/A0%
Total2.37.521.51.3-17.3%

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

  1. Montenegro (181.0 kg)
  2. Germany (52.0 kg)

Source: IndexBox Market Intelligence Platform

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