Price for Woven Fabrics of Artificial Staple Fibres in Bangladesh - 2022
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Bangladesh (CIF) - 2022
- Price for Woven Fabrics of Artificial Staple Fibres in Bangladesh (FOB) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in Bangladesh
- Exports of Woven Fabrics of Artificial Staple Fibres in Bangladesh
Price for Woven Fabrics of Artificial Staple Fibres in Bangladesh (CIF) - 2022
The average import price for woven fabrics of artificial staple fibres stood at $7.9 per square meter in 2022, waning by -2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 17% against the previous year. As a result, import price reached the peak level of $10 per square meter. From 2018 to 2022, the average 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 India ($19 per square meter), while the price for Taiwan (Chinese) ($6.6 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.0%), while the prices for the other major suppliers experienced a decline.
Price for Woven Fabrics of Artificial Staple Fibres in Bangladesh (FOB) - 2022
In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $7 per square meter, reducing by -8.2% against the previous year. Overall, the export price recorded a pronounced contraction. The pace of growth was the most pronounced in 2014 an increase of 65% against the previous year. As a result, the export price reached the peak level of $12 per square meter. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
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 Japan ($15 per square meter), while the average price for exports to South Africa ($1.4 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Artificial Staple Fibres in Bangladesh
In 2022, imports of woven fabrics of artificial staple fibres into Bangladesh shrank to 30M square meters, falling by -14.2% on the previous year's figure. Over the period under review, imports recorded a noticeable decline. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of 35M square meters, and then contracted in the following year.
In value terms, imports of woven fabrics of artificial staple fibres plummeted to $239M in 2022. Overall, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 47% against the previous year. As a result, imports reached the peak of $285M, and then contracted notably in the following year.
| Import of Woven Fabrics of Artificial Staple Fibres in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 250 | 173 | 257 | 221 | -4.0% |
| India | 8.2 | 7.5 | 12.8 | 9.8 | 6.1% |
| Taiwan (Chinese) | 5.1 | 3.0 | 2.4 | 2.6 | -20.1% |
| Turkey | 9.7 | 5.8 | 7.3 | 2.3 | -38.1% |
| Others | 8.1 | 4.3 | 4.9 | 3.4 | -25.1% |
| Total | 282 | 194 | 285 | 239 | -5.4% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Bangladesh in 2022:
- China (28.9M square meters)
- India (0.5M square meters)
- Taiwan (Chinese) (0.4M square meters)
- Turkey (0.3M square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Bangladesh
In 2022, overseas shipments of woven fabrics of artificial staple fibres were finally on the rise to reach 120K square meters after two years of decline. Overall, exports, however, showed a abrupt downturn. The exports peaked at 152K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of woven fabrics of artificial staple fibres soared to $839K in 2022. Over the period under review, exports, however, saw a abrupt decrease. The exports peaked at $1.1M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Woven Fabrics of Artificial Staple Fibres in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 842 | 747 | 361 | 465 | -18.0% |
| Sri Lanka | 78.5 | 230 | 187 | 243 | 45.7% |
| Japan | 22.8 | 14.7 | 18.1 | 29.0 | 8.3% |
| South Africa | 7.4 | 5.1 | 3.1 | 1.9 | -36.4% |
| Others | 54.5 | 56.0 | 55.3 | 100 | 22.4% |
| Total | 1,005 | 1,052 | 625 | 839 | -5.8% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Bangladesh in 2022:
- China (90.5K square meters)
- Sri Lanka (19.7K square meters)
- Japan (2.0K square meters)
- South Africa (1.4K square meters)
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