Price for Knitted or Crocheted Pile Fabrics in Canada - 2023
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Canada (CIF) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Canada (FOB) - 2022
- Imports of Knitted or Crocheted Pile Fabrics in Canada
- Exports of Knitted or Crocheted Pile Fabrics in Canada
Price for Knitted or Crocheted Pile Fabrics in Canada (CIF) - 2022
The average import price for knitted or crocheted pile fabricses stood at $6,180 per ton in 2022, stabilizing at the previous year. In general, the import price, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2015 an increase of 152% against the previous year. The import price peaked at $32,627 per ton in 2016; however, from 2017 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 Italy ($20,887 per ton), while the price for China ($5,137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knitted or Crocheted Pile Fabrics in Canada (FOB) - 2022
In 2022, the average export price for knitted or crocheted pile fabricses amounted to $8,883 per ton, reducing by -7.8% against the previous year. In general, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 an increase of 13% against the previous year. The export price peaked at $14,312 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.7% per year.
Imports of Knitted or Crocheted Pile Fabrics in Canada
In 2022, knitted or crocheted pile fabrics imports into Canada rose significantly to 3.8K tons, increasing by 8% on the previous year. The total import volume increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 18% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, knitted or crocheted pile fabrics imports expanded significantly to $23M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Knitted or Crocheted Pile Fabrics in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.0 | 13.2 | 15.4 | 16.8 | 15.2% |
| United States | 4.4 | 3.9 | 3.2 | 2.7 | -15.0% |
| Italy | 0.2 | 0.1 | 0.7 | 2.0 | 115.4% |
| Taiwan (Chinese) | 2.2 | 1.5 | 1.1 | 0.7 | -31.7% |
| South Korea | 0.5 | 0.5 | 0.4 | 0.6 | 6.3% |
| Others | 0.8 | 0.7 | 0.7 | 0.5 | -14.5% |
| Total | 19.1 | 19.9 | 21.5 | 23.3 | 6.8% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Canada in 2022:
- China (3263.7 tons)
- United States (217.3 tons)
- Italy (93.8 tons)
- Taiwan (Chinese) (82.5 tons)
- South Korea (55.8 tons)
Exports of Knitted or Crocheted Pile Fabrics in Canada
In 2022, approx. 170 tons of knitted or crocheted pile fabricses were exported from Canada; with an increase of 14% on the year before. Over the period under review, exports recorded a modest expansion. 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 rose markedly to $1.5M in 2022. In general, exports, however, recorded a deep reduction.
| Export of Knitted or Crocheted Pile Fabrics in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,784 | 1,241 | 1,309 | 1,400 | -7.8% |
| Vietnam | 88.3 | 34.0 | N/A | 37.9 | -24.6% |
| Others | 152 | 100 | 129 | 72.4 | -21.9% |
| Total | 2,025 | 1,376 | 1,438 | 1,510 | -9.3% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Canada in 2022:
- United States (160.5 tons)
- Vietnam (2.3 tons)
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