Price for Knitted or Crocheted Pile Fabrics in Austria - 2023

Contents:

1. Price for Knitted or Crocheted Pile Fabrics in Austria (CIF) - 2022
2. Price for Knitted or Crocheted Pile Fabrics in Austria (FOB) - 2022
3. Imports of Knitted or Crocheted Pile Fabrics in Austria
4. Exports of Knitted or Crocheted Pile Fabrics in Austria

Price for Knitted or Crocheted Pile Fabrics in Austria (CIF) - 2022

The average import price for knitted or crocheted pile fabricses stood at $11,396 per ton in 2022, falling by -22% against the previous year. Over the period under review, the import price saw a noticeable slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 13% against the previous year. Over the period under review, average import prices attained the maximum at $18,911 per ton in 2012; however, from 2013 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 Germany ($22,187 per ton), while the price for China ($3,532 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Knitted or Crocheted Pile Fabrics in Austria (FOB) - 2022

In 2022, the average export price for knitted or crocheted pile fabricses amounted to $27,630 per ton, remaining stable against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, knitted or crocheted pile fabrics export price increased by +17.6% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 31%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($62,041 per ton), while the average price for exports to North Macedonia ($13,881 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 Vietnam (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knitted or Crocheted Pile Fabrics in Austria

For the fourth consecutive year, Austria recorded growth in supplies from abroad of knitted or crocheted pile fabricses, which increased by 34% to 599 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% 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 +74.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, knitted or crocheted pile fabrics imports expanded modestly to $6.8M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Knitted or Crocheted Pile Fabrics to Austria in 2022:

1. China (237.1 tons)
2. Germany (128.4 tons)
3. Turkey (92.3 tons)
4. Italy (55.8 tons)
5. Netherlands (31.1 tons)
6. South Korea (13.3 tons)

Exports of Knitted or Crocheted Pile Fabrics in Austria

In 2022, exports of knitted or crocheted pile fabricses from Austria skyrocketed to 163 tons, with an increase of 28% compared with 2021 figures. The total export volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, knitted or crocheted pile fabrics exports surged to $4.5M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Knitted or Crocheted Pile Fabrics from Austria in 2022:

1. Germany (67.6 tons)
2. India (18.6 tons)
3. Slovakia (18.2 tons)
4. Vietnam (9.6 tons)
5. Sweden (7.4 tons)
6. Italy (5.8 tons)
7. Bulgaria (5.8 tons)
8. Croatia (4.4 tons)
9. Hungary (3.6 tons)
10. Poland (3.4 tons)
11. North Macedonia (3.2 tons)
12. Turkey (2.9 tons)
13. Bosnia and Herzegovina (1.1 tons)

Source: IndexBox Market Intelligence Platform