Price for Knitted or Crocheted Pile Fabrics in Brazil - 2023

Contents:

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

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

In 2022, the average import price for knitted or crocheted pile fabricses amounted to $3,350 per ton, rising by 7.9% against the previous year. In general, the import price, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 9.8% against the previous year. The import price peaked at $5,392 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.3% per year.

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

The average export price for knitted or crocheted pile fabricses stood at $5,688 per ton in 2022, stabilizing at the previous year. Overall, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 9.1%. The export price peaked at $9,945 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Ecuador ($8,763 per ton), while the average price for exports to Paraguay ($4,157 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 Thailand (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Knitted or Crocheted Pile Fabrics in Brazil

In 2022, overseas purchases of knitted or crocheted pile fabricses decreased by -20.2% to 59K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +45.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 52%. As a result, imports reached the peak of 74K tons, and then declined rapidly in the following year.

In value terms, knitted or crocheted pile fabrics imports contracted to $199M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +50.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. As a result, imports attained the peak of $231M, and then contracted in the following year.

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

1. China (58.5K tons)

Exports of Knitted or Crocheted Pile Fabrics in Brazil

Knitted or crocheted pile fabrics exports from Brazil surged to 636 tons in 2022, jumping by 41% compared with 2021 figures. Overall, total exports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +2.6% 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 +47.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, knitted or crocheted pile fabrics exports surged to $3.6M in 2022. In general, total exports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Argentina (315.5 tons)
2. Paraguay (226.2 tons)
3. United States (40.1 tons)
4. Ecuador (23.4 tons)
5. Peru (10.2 tons)
6. Colombia (7.3 tons)

Source: IndexBox Market Intelligence Platform