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

Contents:

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

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

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $21,215 per ton in 2022, growing by 5.6% against the previous year. Overall, the import price, however, continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2013 an increase of 17% against the previous year. Over the period under review, average import prices reached the peak figure at $36,846 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Germany ($21,403 per ton), while the price for China ($11,710 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $27,235 per ton in 2022, dropping by -50.9% against the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 146%. Over the period under review, the average export prices hit record highs at $67,485 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Mexico ($86,208 per ton), while the average price for exports to Hungary ($17,117 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 Mexico (+38.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds, when their volume decreased by -18.8% to 101 tons. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 23% against the previous year.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds dropped to $2.2M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. As a result, imports attained the peak of $2.5M, and then declined in the following year.

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

1. Germany (90.5 tons)
2. Spain (4.7 tons)
3. France (4.5 tons)
4. China (1.1 tons)

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

In 2022, shipments abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds was finally on the rise to reach 750 kg after two years of decline. Over the period under review, exports showed a resilient expansion. As a result, the exports attained 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 soared to $20K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.0% 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 +81.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

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

1. Hungary (486.0 kg)
2. Germany (240.0 kg)
3. Mexico (24.0 kg)

Source: IndexBox Market Intelligence Platform