Price for Knitted or Crocheted Pile Fabrics in Indonesia - 2022
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Indonesia (CIF) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Indonesia (FOB) - 2022
- Imports of Knitted or Crocheted Pile Fabrics in Indonesia
- Exports of Knitted or Crocheted Pile Fabrics in Indonesia
Price for Knitted or Crocheted Pile Fabrics in Indonesia (CIF) - 2022
The average import price for knitted or crocheted pile fabricses stood at $7,578 per ton in 2022, surging by 9.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2014 an increase of 37% against the previous year. As a result, import price attained the peak level of $9,148 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($10,157 per ton), while the price for Thailand ($6,205 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knitted or Crocheted Pile Fabrics in Indonesia (FOB) - 2022
The average export price for knitted or crocheted pile fabricses stood at $9,177 per ton in 2022, picking up by 17% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2021 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($15,493 per ton), while the average price for exports to South Korea ($5,153 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 South Korea (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knitted or Crocheted Pile Fabrics in Indonesia
After three years of growth, purchases abroad of knitted or crocheted pile fabricses decreased by -17.2% to 30K tons in 2022. The total import volume increased at an average annual rate of +7.2% 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 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of 36K tons, and then fell sharply in the following year.
In value terms, knitted or crocheted pile fabrics imports contracted to $226M in 2022. The total import value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 32%. As a result, imports attained the peak of $250M, and then shrank in the following year.
| Import of Knitted or Crocheted Pile Fabrics in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 85.9 | 89.4 | 135 | 142 | 18.2% |
| Malaysia | 11.6 | 20.5 | 43.2 | 26.2 | 31.2% |
| South Korea | 17.4 | 21.3 | 24.5 | 19.9 | 4.6% |
| Hong Kong SAR | 14.0 | 18.3 | 24.8 | 15.6 | 3.7% |
| Taiwan (Chinese) | 17.2 | 17.4 | 13.6 | 13.0 | -8.9% |
| Vietnam | 1.2 | 1.4 | 3.3 | 5.4 | 65.1% |
| Singapore | 22.0 | 18.0 | 1.1 | 1.0 | -64.3% |
| Others | 2.9 | 3.0 | 4.3 | 2.7 | -2.4% |
| Total | 172 | 189 | 250 | 226 | 9.5% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Indonesia in 2022:
- China (20.2K tons)
- Malaysia (3.2K tons)
- South Korea (2.1K tons)
- Hong Kong SAR (1.8K tons)
- Taiwan (Chinese) (1.3K tons)
- Vietnam (0.7K tons)
- Singapore (0.1K tons)
Exports of Knitted or Crocheted Pile Fabrics in Indonesia
In 2022, the amount of knitted or crocheted pile fabricses exported from Indonesia reduced remarkably to 2.5K tons, dropping by -26.1% on the previous year. In general, exports, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 103% against the previous year. As a result, the exports reached the peak of 3.3K tons, and then fell remarkably in the following year.
In value terms, knitted or crocheted pile fabrics exports reduced to $23M in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 149%. As a result, the exports attained the peak of $26M, and then dropped in the following year.
| Export of Knitted or Crocheted Pile Fabrics in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 0.2 | 1.1 | 7.3 | 6.8 | 224.0% |
| Vietnam | 2.0 | 3.7 | 7.1 | 4.4 | 30.1% |
| Sri Lanka | 0.5 | 0.5 | 4.2 | 2.7 | 75.4% |
| China | 0.1 | 0.3 | 1.4 | 2.1 | 175.9% |
| Malaysia | 1.2 | 0.7 | 0.8 | 1.4 | 5.3% |
| Philippines | 1.0 | 0.3 | 0.4 | 1.3 | 9.1% |
| Thailand | 0.8 | 0.5 | 1.0 | 1.1 | 11.2% |
| Bangladesh | 0.6 | 0.3 | 0.5 | 1.0 | 18.6% |
| Cambodia | 0.3 | 1.9 | 1.4 | 0.5 | 18.6% |
| Hong Kong SAR | 2.2 | 0.6 | 0.5 | 0.4 | -43.3% |
| Others | 1.7 | 0.5 | 1.5 | 0.9 | -19.1% |
| Total | 10.5 | 10.5 | 26.1 | 22.6 | 29.1% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Indonesia in 2022:
- Jordan (703.4 tons)
- Vietnam (494.5 tons)
- China (234.0 tons)
- Sri Lanka (211.9 tons)
- Malaysia (201.2 tons)
- Bangladesh (151.2 tons)
- Thailand (143.4 tons)
- Philippines (114.1 tons)
- Cambodia (50.6 tons)
- Hong Kong SAR (29.9 tons)
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