Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Sri Lanka - 2022
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Sri Lanka (CIF) - 2022
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Sri Lanka (FOB) - 2022
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Sri Lanka
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Sri Lanka
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Sri Lanka (CIF) - 2022
The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $11 per square meter in 2022, increasing by 2.2% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 24%. The import price peaked at $12 per square meter in 2013; however, from 2014 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 Italy ($11 per square meter), while the price for China stood at $5.8 per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.9%), while the prices for the other major suppliers experienced a decline.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Sri Lanka (FOB) - 2022
In 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $17 per square meter, rising by 13% against the previous year. Overall, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2015 when the average export price increased by 70%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($39 per square meter), while the average price for exports to Maldives stood at $17 per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+10.0%), while the prices for the other major destinations experienced a decline.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Sri Lanka
In 2022, the amount of woven fabrics of carded wool or of carded fine animal hair imported into Sri Lanka soared to 229K square meters, jumping by 93% compared with the year before. Over the period under review, imports recorded a relatively flat trend pattern. Imports peaked at 324K square meters in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair surged to $2.4M in 2022. Overall, imports saw a strong increase. Imports peaked at $2.7M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 656 | 2,351 | 710 | 2,195 | 49.6% |
| China | 584 | 361 | 142 | 164 | -34.5% |
| Australia | 2.4 | 1.5 | 296 | 27.6 | 125.7% |
| United Kingdom | 470 | 5.5 | 74.5 | N/A | -60.2% |
| Others | 37.8 | 15.4 | 17.5 | 61.7 | 17.7% |
| Total | 1,751 | 2,733 | 1,240 | 2,449 | 11.8% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Sri Lanka in 2022:
- Italy (195.3K square meters)
- China (28.3K square meters)
- Australia (2.4K square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Sri Lanka
For the third year in a row, Sri Lanka recorded decline in shipments abroad of woven fabrics of carded wool or of carded fine animal hair, which decreased by -51.2% to 1.5K square meters in 2022. In general, exports showed a precipitous slump. The smallest decline of -42.5% was in 2020. Over the period under review, the exports of hit record highs at 11K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair declined dramatically to $25K in 2022. Overall, exports recorded a precipitous descent. The smallest decline of -17.1% was in 2020. Over the period under review, the exports of reached the peak figure at $70K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 6.9 | N/A | 45.5 | 23.4 | 50.2% |
| Norway | 0.1 | 4.4 | 0.4 | 1.6 | 152.0% |
| Myanmar | 60.4 | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | 53.5 | N/A | N/A | 0% |
| Others | 2.4 | N/A | 0.1 | 0.4 | -45.0% |
| Total | 69.8 | 57.9 | 45.9 | 25.4 | -28.6% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Sri Lanka in 2022:
- Maldives (1404.0 square meters)
- Norway (42.0 square meters)
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