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

Contents:

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

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

The average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $5,334 per ton in 2022, stabilizing at the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 8.7% against the previous year. Over the period under review, the average export prices hit record highs at $6,246 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 Albania ($6,459 per ton), while the average price for exports to Bosnia and Herzegovina ($3,541 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 Portugal (+12.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $5,094 per ton, remaining constant against the previous year. Over the period under review, the import price, however, saw a pronounced decrease. The pace of growth was the most pronounced in 2020 an increase of 60% against the previous year. The import price peaked at $11,232 per ton in 2014; however, from 2015 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 Italy ($11,830 per ton), while the price for Turkey ($2,897 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 399 tons of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds were exported from Serbia; with an increase of 12% on 2021 figures. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds rose remarkably to $2.1M in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Italy (320.8 tons)
2. Portugal (35.1 tons)
3. Albania (20.1 tons)
4. Bosnia and Herzegovina (13.3 tons)
5. Hungary (4.9 tons)
6. Turkey (4.3 tons)

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

In 2022, the amount of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds imported into Serbia surged to 150 tons, increasing by 60% compared with the previous year. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 353% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds skyrocketed to $765K in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 135% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

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

1. Turkey (83.2 tons)
2. Spain (32.6 tons)
3. China (24.2 tons)
4. Italy (5.1 tons)
5. Czech Republic (4.0 tons)

Source: IndexBox Market Intelligence Platform