Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Estonia - 2024
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Estonia (CIF) - 2024
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Estonia (FOB) - 2024
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Estonia
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Estonia
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Estonia (CIF) - 2024
In November 2023, the average import price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $15,879 per ton, surging by 6.9% against the previous month. Over the last ten months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in August 2023 an increase of 27% against the previous month. As a result, import price attained the peak level of $18,494 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Denmark ($40,957 per ton), while the price for Turkey ($4,082 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Estonia (FOB) - 2024
The average export price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $7,313 per ton in November 2023, growing by 26% against the previous month. Over the period from January 2023 to November 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 28% against the previous month. The export price peaked at $7,698 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Russia ($16,987 per ton), while the average price for exports to Lithuania ($5,334 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Estonia
After three years of growth, purchases abroad of fabrics, knitted or crocheted, of a width of > 30 cms decreased by -20.9% to 1.3K tons in 2022. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms shrank to $17M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.4% 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 +66.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 45%.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 2.2 | 3.3 | 6.2 | 8.8 | 58.7% |
| Romania | 1.0 | 1.5 | 1.2 | 1.2 | 6.3% |
| Belgium | 1.0 | 1.5 | 1.7 | 1.2 | 6.3% |
| Turkey | 0.7 | 0.8 | 0.7 | 1.0 | 12.6% |
| China | 1.1 | 4.1 | 2.8 | 0.9 | -6.5% |
| Netherlands | 0.3 | 0.5 | 0.7 | 0.7 | 32.6% |
| Italy | 0.6 | 0.5 | 0.8 | 0.6 | 0.0% |
| Germany | 0.5 | 0.7 | 0.7 | 0.3 | -15.7% |
| Others | 2.6 | 1.6 | 1.8 | 1.9 | -9.9% |
| Total | 10.0 | 14.5 | 16.7 | 16.7 | 18.6% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Estonia in 2022:
- Denmark (254.8 tons)
- Belgium (241.3 tons)
- Turkey (240.9 tons)
- Romania (229.9 tons)
- Italy (88.7 tons)
- Netherlands (66.3 tons)
- China (48.1 tons)
- Germany (31.1 tons)
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Estonia
In 2022, overseas shipments of fabrics, knitted or crocheted, of a width of > 30 cms decreased by -55.2% to 547 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 46%. As a result, the exports attained the peak of 1.8K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms shrank rapidly to $2.8M in 2022. Overall, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 25%. As a result, the exports attained the peak of $6.4M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1.8 | 2.3 | 2.2 | 1.8 | 0.0% |
| Finland | 0.1 | 0.7 | 0.9 | 0.5 | 71.0% |
| Poland | 0.8 | 0.7 | 0.2 | 0.1 | -50.0% |
| Belgium | 1.8 | 2.0 | 1.4 | N/A | -11.8% |
| Others | 0.7 | 0.8 | 0.5 | 0.3 | -24.6% |
| Total | 5.2 | 6.4 | 5.1 | 2.8 | -18.6% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Estonia in 2022:
- Lithuania (392.2 tons)
- Finland (88.7 tons)
- Poland (44.1 tons)
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