Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Vietnam - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Vietnam (FOB) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Vietnam (CIF) - 2022
- Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Vietnam
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Vietnam
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Vietnam (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $8,512 per ton, picking up by 3.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 13% against the previous year. The export price peaked at $9,375 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($8,513 per ton), while the average price for exports to China ($8,512 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 Myanmar (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Vietnam (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $8,750 per ton in 2022, picking up by 17% against the previous year. Overall, the import price continues to indicate a mild expansion. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. Over the period under review, average import prices attained the peak figure at $9,238 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($8,750 per ton) and Indonesia ($8,750 per ton), while the price for Taiwan (Chinese) ($8,749 per ton) and China ($8,750 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Vietnam
In 2022, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted from Vietnam fell to 11K tons, which is down by -2.9% compared with 2021 figures. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 248%. As a result, the exports attained the peak of 11K tons, and then shrank modestly in the following year.
In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted reached $94M in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 204%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 1.7 | 0.9 | 63.0 | 85.3 | 268.8% |
| China | 28.8 | 29.7 | 29.6 | 6.3 | -39.7% |
| Myanmar | N/A | 0.1 | N/A | 1.5 | 287.3% |
| Others | 0.4 | 0.1 | 1.0 | 1.2 | 44.2% |
| Total | 31.0 | 30.7 | 93.5 | 94.3 | 44.9% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Vietnam in 2022:
- Cambodia (10.0K tons)
- China (0.7K tons)
- Myanmar (0.2K tons)
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Vietnam
Imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted into Vietnam skyrocketed to 3.3K tons in 2022, with an increase of 33% on 2021. In general, imports showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted skyrocketed to $29M in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 57%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 12.9 | 16.7 | 26.8 | 63.8% |
| Indonesia | 0.1 | 0.1 | N/A | 0.8 | 100.0% |
| South Korea | 3.3 | 2.6 | 1.4 | 0.8 | -37.6% |
| India | N/A | 0.1 | 0.1 | 0.6 | 144.9% |
| Taiwan (Chinese) | 1.0 | 1.0 | 0.3 | N/A | -45.2% |
| Others | 0.3 | 0.5 | 0.3 | 0.4 | 10.1% |
| Total | 10.9 | 17.1 | 18.8 | 29.3 | 39.0% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Vietnam in 2022:
- China (3060.2 tons)
- Indonesia (91.4 tons)
- South Korea (87.9 tons)
- India (63.4 tons)
- Taiwan (Chinese) (3.4 tons)
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