Price for Knitted or Crocheted Pile Fabrics in Uruguay - 2023

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

In 2022, the average export price for knitted or crocheted pile fabricses amounted to $5,977 per ton, shrinking by -22.6% against the previous year. Overall, the export price showed a perceptible contraction. The growth pace was the most rapid in 2013 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices reached the maximum at $8,530 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($9,554 per ton), while the average price for exports to Mexico ($4,566 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 the UK (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for knitted or crocheted pile fabricses amounted to $3,471 per ton, surging by 37% against the previous year. Over the period under review, the import price, however, showed a slight setback. The import price peaked at $4,079 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 -1.4% per year.

Exports of Knitted or Crocheted Pile Fabrics in Uruguay

Knitted or crocheted pile fabrics exports from Uruguay soared to 688 tons in 2022, growing by 82% on 2021. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, knitted or crocheted pile fabrics exports soared to $4.1M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Knitted or Crocheted Pile Fabrics in Uruguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	775	888	1,052	1,848	33.6%
Brazil	1,031	1,253	1,202	1,471	12.6%
Argentina	139	214	419	456	48.6%
Peru	87.1	75.3	119	224	37.0%
Others	53.1	37.4	128	111	27.9%
Total	2,085	2,469	2,920	4,110	25.4%

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

Mexico (404.8 tons)
Brazil (154.0 tons)
Argentina (83.4 tons)
Peru (29.5 tons)

Imports of Knitted or Crocheted Pile Fabrics in Uruguay

Knitted or crocheted pile fabrics imports into Uruguay contracted remarkably to 555 tons in 2022, with a decrease of -49.1% compared with the previous year. Overall, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 189% against the previous year. As a result, imports attained the peak of 1.1K tons, and then contracted remarkably in the following year.

In value terms, knitted or crocheted pile fabrics imports reduced dramatically to $1.9M in 2022. Over the period under review, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 157%. As a result, imports attained the peak of $2.8M, and then fell notably in the following year.