Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Indonesia - 2022

Contents:

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

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Indonesia (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $7,640 per ton, increasing by 5.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 25%. The import price peaked at $9,641 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 ($13,064 per ton), while the price for China ($7,189 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Indonesia (FOB) - 2022

The average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $9,919 per ton in 2022, jumping by 56% against the previous year. Overall, the export price saw modest growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($13,608 per ton), while the average price for exports to Cambodia ($1,096 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 Vietnam (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Indonesia

In 2022, the amount of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds imported into Indonesia reduced notably to 1.9K tons, with a decrease of -50.3% on the previous year's figure. In general, imports saw a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 11%.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds declined dramatically to $15M in 2022. Over the period under review, imports saw a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 9.8% against the previous year.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.68.412.110.542.9%
South Korea0.70.61.31.322.9%
Taiwan (Chinese)1.00.82.01.26.3%
Japan0.30.30.40.626.0%
Hong Kong SAR0.30.41.80.626.0%
Malaysia11.60.17.10.3-70.4%
Singapore21.914.20.9N/A-79.7%
Others0.40.62.40.2-20.6%
Total39.925.427.914.6-28.5%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Indonesia in 2022:

  1. China (1459.5 tons)
  2. South Korea (172.6 tons)
  3. Taiwan (Chinese) (123.5 tons)
  4. Hong Kong SAR (63.0 tons)
  5. Japan (43.7 tons)
  6. Malaysia (33.4 tons)
  7. Singapore (0.2 tons)

Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Indonesia

In 2022, overseas shipments of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds decreased by -17.4% to 537 tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 249%. As a result, the exports attained the peak of 691 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 man-made fibres, knitted or crocheteds soared to $5.3M in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 338%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan1551,6862,3374,205200.5%
RussiaN/AN/AN/A5990%
Thailand14511123423818.0%
Vietnam2641,03460991.8-29.7%
SingaporeN/A23.5N/A59.559.1%
Cambodia0.385929.133.7382.5%
India92.1N/AN/AN/A0%
Others27939293095.0-30.2%
Total9364,1054,1395,32378.5%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Indonesia in 2022:

  1. Jordan (365.8 tons)
  2. Russia (81.0 tons)
  3. Thailand (31.5 tons)
  4. Cambodia (30.8 tons)
  5. Vietnam (9.4 tons)
  6. Singapore (8.8 tons)

Source: IndexBox Market Intelligence Platform

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