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Between 2015 and 2023, the export growth of Knitted Fabric remained stagnant, with a significant decrease in value to $475M by the end of 2023.
Imports of Knitted Fabric reached a peak of 70K tons in 2018 but decreased from 2019 to 2023. The import value also significantly dropped to $381M in 2023.
Knitted Fabric imports reached their highest level in 2023 and are projected to continue growing. In terms of value, imports of knitted fabric decreased to $711M in 2023.
Knitted Fabric imports peaked at 15K tons in 2016 but failed to regain momentum from 2017 to 2023. In terms of value, imports reduced significantly to $67M in 2023.
Knitted Fabric exports reached a peak of 2.6M tons in 2022, but decreased in the subsequent year. The value of exports for Knitted Fabric also declined to $12.9B in 2023.
Knitted Fabric exports reached a record high of 81K tons in 2022, but saw a significant contraction in the following year, with exports decreasing to $1.2B in 2023.
Explore the top import markets for knitted fabric in 2023, including Vietnam, Cambodia, Indonesia, and more. Learn about the major players in the global textile industry.
In September 2022, Knitted Fabric experienced a rapid growth pace with a month-on-month increase of 55%. However, in August 2023, its value declined significantly, with exports falling to $28M.
Knitted Fabric imports experienced the fastest growth rate in March 2023, increasing by 61% month-on-month. The value of these imports declined to $31 million in September 2023.
In June 2023, the price of Knitted Fabric was $6,414 per ton (CIF, Canada), showing a 5.2% increase compared to the previous month.
In May 2023, the price of Knitted Fabric was $12,772 per ton (FOB, Hong Kong), experiencing a decline of -2.8% from the previous month.
In January 2023, the knitted fabric price amounted to $6,972 per ton (FOB, Turkey), picking up by 2.3% against the previous month.
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