Price for Knitted or Crocheted Pile Fabrics in Bahrain - 2022
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Bahrain (CIF) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Bahrain (FOB) - 2022
- Imports of Knitted or Crocheted Pile Fabrics in Bahrain
- Exports of Knitted or Crocheted Pile Fabrics in Bahrain
Price for Knitted or Crocheted Pile Fabrics in Bahrain (CIF) - 2022
The average import price for knitted or crocheted pile fabricses stood at $2,989 per ton in 2022, falling by -2.4% against the previous year. In general, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 59% against the previous year. Over the period under review, average import prices hit record highs at $10,247 per ton in 2012; however, from 2013 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 India ($7,603 per ton), while the price for the United Arab Emirates ($1,973 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Knitted or Crocheted Pile Fabrics in Bahrain (FOB) - 2022
In 2022, the average export price for knitted or crocheted pile fabricses amounted to $11,204 per ton, surging by 12% against the previous year. In general, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2014 when the average export price increased by 132% against the previous year. Over the period under review, the average export prices reached the peak figure at $15,432 per ton in 2016; however, from 2017 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 the United Arab Emirates ($64,340 per ton), while the average price for exports to Saudi Arabia ($9,104 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 Pakistan (+38.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knitted or Crocheted Pile Fabrics in Bahrain
In 2022, imports of knitted or crocheted pile fabricses into Bahrain soared to 440 tons, jumping by 25% on the previous year. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 104%. As a result, imports attained the peak of 527 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, knitted or crocheted pile fabrics imports skyrocketed to $1.3M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 51% against the previous year. As a result, imports attained the peak of $1.5M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Knitted or Crocheted Pile Fabrics in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 738 | 1,024 | 565 | 694 | -2.0% |
| India | 16.9 | 129 | 74.0 | 197 | 126.7% |
| United Arab Emirates | 1.1 | 3.6 | 267 | 181 | 448.0% |
| Indonesia | 0.6 | 14.2 | 44.2 | 85.2 | 421.7% |
| Taiwan (Chinese) | 0.7 | 4.2 | 25.8 | 29.2 | 246.8% |
| Others | 265 | 373 | 103 | 127 | -21.7% |
| Total | 1,022 | 1,548 | 1,080 | 1,314 | 8.7% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Bahrain in 2022:
- China (254.0 tons)
- United Arab Emirates (91.6 tons)
- India (26.0 tons)
- Indonesia (25.4 tons)
- Taiwan (Chinese) (8.4 tons)
Exports of Knitted or Crocheted Pile Fabrics in Bahrain
After two years of decline, shipments abroad of knitted or crocheted pile fabricses increased by 105% to 314 kg in 2022. In general, exports, however, showed a precipitous slump.
In value terms, knitted or crocheted pile fabrics exports soared to $3.5K in 2022. Over the period under review, exports, however, recorded a significant decrease.
| Export of Knitted or Crocheted Pile Fabrics in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 6.1 | 3.6 | 1.1 | 2.8 | -22.9% |
| Qatar | 1.3 | 0.6 | 0.1 | 0.3 | -38.7% |
| United Arab Emirates | 0.3 | 0.2 | 0.1 | 0.2 | -12.6% |
| Pakistan | 1.7 | 0.6 | 0.1 | 0.1 | -61.1% |
| Others | 1.0 | 0.5 | 0.1 | 0.2 | -41.5% |
| Total | 10.4 | 5.5 | 1.5 | 3.5 | -30.4% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Bahrain in 2022:
- Saudi Arabia (305.0 kg)
- United Arab Emirates (3.0 kg)
- Qatar (2.0 kg)
- Pakistan (1.0 kg)
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