Price for Knitted or Crocheted Pile Fabrics in Israel - 2023

Contents:

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

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

The average import price for knitted or crocheted pile fabricses stood at $7,757 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, recorded a slight downturn. The growth pace was the most rapid in 2020 when the average import price increased by 16%. The import price peaked at $9,079 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($8,635 per ton) and the United States ($8,480 per ton), while the price for China ($7,675 per ton) and Turkey ($7,735 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for knitted or crocheted pile fabricses amounted to $7,406 per ton, which is down by -40.3% against the previous year. Overall, the export price continues to indicate a perceptible descent. The growth pace was the most rapid in 2018 when the average export price increased by 146%. The export price peaked at $12,718 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 the UK ($13,444 per ton), while the average price for exports to Switzerland ($6,329 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 Egypt (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Knitted or Crocheted Pile Fabrics in Israel

Knitted or crocheted pile fabrics imports into Israel fell markedly to 508 tons in 2022, shrinking by -57.5% compared with the year before. Overall, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 89%. As a result, imports reached the peak of 1.2K tons, and then shrank markedly in the following year.

In value terms, knitted or crocheted pile fabrics imports fell notably to $3.9M in 2022. Over the period under review, imports showed a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 97%. As a result, imports attained the peak of $9.2M, and then shrank dramatically in the following year.

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

1. China (421.9 tons)
2. Turkey (25.0 tons)
3. South Korea (19.8 tons)
4. Belgium (11.7 tons)
5. United States (9.1 tons)
6. Spain (8.8 tons)

Exports of Knitted or Crocheted Pile Fabrics in Israel

In 2022, after two years of decline, there was significant growth in shipments abroad of knitted or crocheted pile fabricses, when their volume increased by 80% to 15 tons. Over the period under review, exports, however, continue to indicate a sharp slump.

In value terms, knitted or crocheted pile fabrics exports rose remarkably to $114K in 2022. Overall, exports, however, showed a significant decrease.

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

1. India (6.9 tons)
2. Finland (2.4 tons)
3. Austria (1.7 tons)
4. United Kingdom (1.6 tons)
5. Hungary (1.2 tons)
6. Switzerland (0.5 tons)
7. Hong Kong SAR (0.5 tons)
8. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform