Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Sri Lanka - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Sri Lanka (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Sri Lanka (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Sri Lanka
- Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Sri Lanka
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Sri Lanka (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $5,705 per ton, dropping by -11.5% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 25%. As a result, import price reached the peak level of $7,357 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($15,693 per ton), while the price for China ($4,949 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.8%), 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 Sri Lanka (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $100,000 per ton, declining by -50% against the previous year. In general, the export price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2015 when the average export price decreased by -33%. Over the period under review, the average export prices hit record highs at $200,000 per ton in 2021, and then reduced remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -31.7% per year.
Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Sri Lanka
In 2022, approx. 55 tons of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds were imported into Sri Lanka; which is down by -91.9% against 2021 figures. In general, imports recorded a dramatic decrease. The growth pace was the most rapid in 2021 when imports increased by 115% against the previous year. As a result, imports attained the peak of 674 tons, and then fell markedly in the following year.
In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds fell sharply to $312K in 2022. Overall, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. As a result, imports attained the peak of $4.3M, and then reduced remarkably in the following year.
| Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 499 | 1,070 | 2,991 | 149 | -33.2% |
| Thailand | 1,029 | 772 | 525 | 147 | -47.7% |
| India | 236 | 3.1 | 711 | N/A | 73.6% |
| Taiwan (Chinese) | 310 | 163 | N/A | N/A | -47.4% |
| Others | 50.8 | 292 | 116 | 16.3 | -31.5% |
| Total | 2,124 | 2,301 | 4,343 | 312 | -47.2% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Sri Lanka in 2022:
- China (30.1 tons)
- Thailand (23.8 tons)
Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Sri Lanka
In 2022, the amount of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds exported from Sri Lanka amounted to 1 kg, stabilizing at the previous year. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds fell markedly to $100 in 2022. Overall, exports faced a dramatic descent.
| Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Australia | 200 | 100 | -50.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 200 | 100 | -50.0% | ||
Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Sri Lanka in 2022:
- Australia (1.0 kg)
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