Price for Knitted or Crocheted Pile Fabrics in the UK - 2023
Contents:
- Price for Knitted or Crocheted Pile Fabrics in the UK (CIF) - 2022
- Price for Knitted or Crocheted Pile Fabrics in the UK (FOB) - 2022
- Imports of Knitted or Crocheted Pile Fabrics in the UK
- Exports of Knitted or Crocheted Pile Fabrics in the UK
Price for Knitted or Crocheted Pile Fabrics in the UK (CIF) - 2022
The average import price for knitted or crocheted pile fabricses stood at $6,396 per ton in 2022, which is down by -8% against the previous year. Overall, the import price saw a slight decrease. The growth pace was the most rapid in 2014 when the average import price increased by 36%. As a result, import price attained the peak level of $9,522 per ton. From 2015 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 Germany ($13,843 per ton), while the price for Thailand ($4,620 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knitted or Crocheted Pile Fabrics in the UK (FOB) - 2022
The average export price for knitted or crocheted pile fabricses stood at $6,683 per ton in 2022, waning by -4.7% against the previous year. In general, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2017 an increase of 53%. As a result, the export price attained the peak level of $8,810 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($21,851 per ton), while the average price for exports to Ireland ($3,713 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 United Arab Emirates (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knitted or Crocheted Pile Fabrics in the UK
After three years of growth, overseas purchases of knitted or crocheted pile fabricses decreased by -5.9% to 5.9K tons in 2022. The total import volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 31%.
In value terms, knitted or crocheted pile fabrics imports fell to $38M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 37%. As a result, imports attained the peak of $44M, and then fell in the following year.
Import of Knitted or Crocheted Pile Fabrics in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.7 | 11.4 | 17.6 | 14.2 | 17.7% |
Ireland | 7.4 | 6.6 | 9.0 | 7.2 | -0.9% |
Belgium | 3.8 | 5.1 | 5.9 | 4.8 | 8.1% |
Taiwan (Chinese) | 0.8 | 0.9 | 1.6 | 1.3 | 17.6% |
Turkey | 1.1 | 1.2 | 1.3 | 1.0 | -3.1% |
South Korea | 1.1 | 0.8 | 1.1 | 0.9 | -6.5% |
Thailand | 0.1 | 0.5 | 0.9 | 0.8 | 100.0% |
Spain | 1.1 | 0.6 | 0.4 | 0.5 | -23.1% |
Others | 3.9 | 4.9 | 6.0 | 7.2 | 22.7% |
Total | 27.9 | 32.0 | 43.8 | 37.9 | 10.8% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to the UK in 2022:
- China (2637.1 tons)
- Ireland (973.6 tons)
- Belgium (527.3 tons)
- Thailand (162.4 tons)
- Taiwan (Chinese) (132.5 tons)
- South Korea (84.8 tons)
- Turkey (84.0 tons)
- Spain (58.5 tons)
Exports of Knitted or Crocheted Pile Fabrics in the UK
Knitted or crocheted pile fabrics exports from the UK reduced to 3.1K tons in 2022, which is down by -7.4% against the year before. In general, exports showed a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports reached the peak of 3.3K tons, and then reduced in the following year.
In value terms, knitted or crocheted pile fabrics exports shrank to $21M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, the exports attained the peak of $23M, and then declined in the following year.
Export of Knitted or Crocheted Pile Fabrics in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 7.3 | 6.8 | 9.2 | 8.9 | 6.8% |
Netherlands | 1.8 | 1.5 | 3.1 | 2.9 | 17.2% |
Germany | 1.5 | 1.4 | 1.7 | 1.7 | 4.3% |
Poland | 1.3 | 1.4 | 1.4 | 1.3 | 0.0% |
France | 0.7 | 0.9 | 1.1 | 1.1 | 16.3% |
Sweden | 0.7 | 0.5 | 1.0 | 1.0 | 12.6% |
Others | 6.0 | 5.3 | 5.8 | 3.8 | -14.1% |
Total | 19.3 | 17.8 | 23.3 | 20.6 | 2.2% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from the UK in 2022:
- Ireland (2391.0 tons)
- Netherlands (277.2 tons)
- Poland (173.8 tons)
- Germany (171.3 tons)
- Sweden (87.7 tons)
- France (69.5 tons)
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