Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Ireland - 2023

Contents:

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

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

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $7,097 per ton in 2022, shrinking by -60.2% against the previous year. Over the period under review, the import price saw a abrupt downturn. The growth pace was the most rapid in 2020 an increase of 171% against the previous year. As a result, import price reached the peak level of $44,989 per ton. From 2021 to 2022, the average 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 the UK ($46,406 per ton), while the price for Poland ($6,114 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $33 per ton, waning by -99.9% against the previous year. Over the period under review, the export price continues to indicate a dramatic slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 184% against the previous year. As a result, the export price attained the peak level of $141,611 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +5.5% per year.

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

In 2022, the amount of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds imported into Ireland surged to 69 tons, growing by 1,294% compared with the year before. In general, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 1,643% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds skyrocketed to $492K in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 590% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/A18.63211625.8%
China1.70.247.2111302.7%
PolandN/AN/AN/A13.70%
Turkey5.3N/AN/A11.830.6%
Others10.412.722.634.348.9%
Total17.312.888.5492205.2%

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

  1. Spain (52.3 tons)
  2. China (10.7 tons)
  3. Poland (2.2 tons)
  4. Turkey (1.4 tons)

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

In 2022, overseas shipments of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds increased by 43% to 30 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a dramatic contraction.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds fell rapidly to $1 in 2022. In general, exports, however, continue to indicate a precipitous descent. The smallest decline of -72.8% was in 2021.

Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China36.1N/AN/AN/A0%
JapanN/A5.1N/AN/A0%
MexicoN/AN/AN/AN/A0%
Others0.8N/A1.4N/A32.3%
Total37.05.11.4N/A-80.5%

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

  1. Mexico (30.0 kg)

Source: IndexBox Market Intelligence Platform

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