An analysis of trade data of Fibre2Fashion’s market insight tool TexPro indicates that average rate of exported fabric had register steep rise during the previous years, but it eased slightly during the current year. The exports were valued at $3,839.798 million during the last year and the quantity was 3,196.863 million meters, which averaged at $1.20 per metre.
The outbound shipment to EU-27 was noted at $3,384.130 million in 2021 when total 2,903.028-million-metre fabric was exported. Therefore, average price was recorded at $1.17 per metre. China’s shipment was $2,452.625 million (2,314.151 million metre) during 2020, with the average price working out to $1.06 per metre. Earlier in 2019, the average price was $1.07 per metre with total shipment of $3,425.692 million (3,204.777 million metre), as per TexPro.
ALCHEMPro News Desk (KUL)
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