Price for Knitted or Crocheted Pile Fabrics in Sweden - 2023

Contents:

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

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

In 2022, the average import price for knitted or crocheted pile fabricses amounted to $11,264 per ton, with an increase of 8.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs at $11,793 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($37,400 per ton), while the price for Lithuania ($3,549 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for knitted or crocheted pile fabricses stood at $24,257 per ton in 2022, remaining relatively unchanged against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, knitted or crocheted pile fabrics export price increased by +43.0% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 82% against the previous year. The export price peaked at $24,389 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($59,143 per ton), while the average price for exports to Malaysia ($9,979 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 Finland (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knitted or Crocheted Pile Fabrics in Sweden

In 2022, overseas purchases of knitted or crocheted pile fabricses decreased by -21% to 598 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a perceptible setback. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of 757 tons, and then shrank markedly in the following year.

In value terms, knitted or crocheted pile fabrics imports shrank to $6.7M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 8.9%. As a result, imports attained the peak of $7.9M, and then fell in the following year.

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

1. Italy (156.0 tons)
2. Lithuania (150.7 tons)
3. United Kingdom (74.0 tons)
4. China (69.4 tons)
5. Germany (61.4 tons)
6. Netherlands (23.4 tons)
7. Denmark (17.9 tons)
8. South Korea (1.0 tons)

Exports of Knitted or Crocheted Pile Fabrics in Sweden

For the fourth consecutive year, Sweden recorded growth in shipments abroad of knitted or crocheted pile fabricses, which increased by 28% to 120 tons in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 41% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, knitted or crocheted pile fabrics exports soared to $2.9M in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 72% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

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

1. Norway (23.6 tons)
2. United Kingdom (17.3 tons)
3. Latvia (15.9 tons)
4. Finland (14.4 tons)
5. United States (12.9 tons)
6. Malaysia (10.2 tons)
7. Denmark (7.5 tons)
8. Netherlands (1.9 tons)
9. Vietnam (1.5 tons)

Source: IndexBox Market Intelligence Platform