Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Pakistan - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Pakistan (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Pakistan (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Pakistan
- Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Pakistan
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Pakistan (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $5,895 per ton, declining by -28% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2018 an increase of 17%. As a result, import price attained the peak level of $12,400 per ton. From 2019 to 2022, the average 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 South Korea ($10,248 per ton), while the price for China totaled $5,877 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-1.3%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Pakistan (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $32,934 per ton, growing by 67% against the previous year. In general, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2018 an increase of 129% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($47,905 per ton), while the average price for exports to Denmark ($3,881 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+78.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Pakistan
Imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds into Pakistan soared to 116 tons in 2022, picking up by 268% against the previous year. Overall, imports posted a moderate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds soared to $682K in 2022. In general, imports, however, showed a perceptible contraction.
| Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 553 | 81.0 | 159 | 677 | 7.0% |
| South Korea | 137 | 55.6 | 8.9 | 5.0 | -66.8% |
| Thailand | 49.2 | 0.4 | 58.7 | N/A | 9.2% |
| Others | 38.0 | 40.0 | 30.7 | N/A | -10.1% |
| Total | 777 | 177 | 257 | 682 | -4.3% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Pakistan in 2022:
- China (115.2 tons)
- South Korea (0.5 tons)
Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Pakistan
In 2022, after two years of decline, there was significant growth in overseas shipments of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds, when their volume increased by 59% to 487 kg. Overall, exports, however, saw a dramatic downturn.
In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds skyrocketed to $16K in 2022. In general, exports, however, showed a abrupt descent.
| Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.6 | 3.6 | 0.1 | 14.1 | 106.6% |
| United States | 0.5 | 0.7 | 0.1 | 1.4 | 40.9% |
| Denmark | N/A | 1.2 | 0.4 | 0.6 | -29.3% |
| Colombia | 12.2 | 11.2 | 4.0 | N/A | -42.7% |
| United Arab Emirates | 0.2 | 0.4 | N/A | N/A | 100.0% |
| South Africa | 2.9 | 6.6 | 0.9 | N/A | -44.3% |
| Saudi Arabia | 6.8 | 1.4 | N/A | N/A | -79.4% |
| Others | 0.8 | 2.6 | 0.6 | N/A | -13.4% |
| Total | 25.1 | 27.5 | 6.1 | 16.0 | -13.9% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Pakistan in 2022:
- United Kingdom (295.0 kg)
- Denmark (143.0 kg)
- United States (49.0 kg)
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