Tunisia: Knitted Fabric Market 2024

Knitted Fabric Market Size in Tunisia

For the third year in a row, the Tunisian knitted fabric market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption enjoyed a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Knitted Fabric Production in Tunisia

In value terms, knitted fabric production stood at less than $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume decreased by X%. Knitted fabric production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Knitted Fabric Exports

Exports from Tunisia

In 2022, the amount of knitted or crocheted fabrics exported from Tunisia shrank notably to X tons, reducing by X% compared with the previous year. In general, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, knitted fabric exports dropped markedly to $X in 2022. Overall, exports faced a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X tons) was the main destination for knitted fabric exports from Tunisia, with a X% share of total exports. Moreover, knitted fabric exports to Belgium exceeded the volume sent to the second major destination, France (X tons), threefold. Italy (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

In value terms, Belgium ($X), France ($X) and Madagascar ($X) constituted the largest markets for knitted fabric exported from Tunisia worldwide, with a combined X% share of total exports.

Among the main countries of destination, Madagascar, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average knitted fabric export price amounted to $X per ton, declining by X% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, knitted fabric export price decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Italy ($X 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 France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Knitted Fabric Imports

Imports into Tunisia

In 2022, purchases abroad of knitted or crocheted fabrics decreased by X% to X tons, falling for the second year in a row after six years of growth. In general, imports, however, enjoyed perceptible growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, knitted fabric imports declined significantly to $X in 2022. Over the period under review, imports showed a mild downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell significantly in the following year.

Imports by Country

China (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of knitted fabric imports to Tunisia, together accounting for X% of total imports. France, Spain, Germany and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Italy ($X) were the largest knitted fabric suppliers to Tunisia, with a combined X% share of total imports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average knitted fabric import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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