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

Contents:

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

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

In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $11,573 per ton, declining by -28% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 64%. As a result, the export price attained the peak level of $21,480 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($13,030 per ton), while the average price for exports to Bosnia and Herzegovina ($3,464 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 Hungary (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $7,034 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, showed a slight slump. The pace of growth was the most pronounced in 2015 an increase of 18%. Over the period under review, average import prices reached the maximum at $10,016 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($51,941 per ton), while the price for China ($4,372 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, Italy recorded growth in overseas shipments of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds, which increased by 58% to 1.6K tons in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds totaled $19M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 39% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

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

1. Romania (502.7 tons)
2. Germany (212.6 tons)
3. Poland (186.1 tons)
4. France (138.5 tons)
5. Spain (112.6 tons)
6. Tunisia (79.7 tons)
7. Greece (55.9 tons)
8. Portugal (55.3 tons)
9. Austria (40.7 tons)
10. Bosnia and Herzegovina (38.8 tons)
11. Turkey (23.9 tons)
12. Hungary (18.2 tons)

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

In 2022, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds into Italy rose to 975 tons, surging by 2.1% against the previous year's figure. In general, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 49%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds expanded to $6.9M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 61%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. China (450.8 tons)
2. Serbia (336.8 tons)
3. Spain (61.5 tons)
4. Germany (47.2 tons)
5. Thailand (28.8 tons)
6. United States (15.8 tons)

Source: IndexBox Market Intelligence Platform