Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Colombia - 2022

Contents:

  1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Colombia (FOB) - 2022
  2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Colombia (CIF) - 2022
  3. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Colombia
  4. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Colombia

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Colombia (FOB) - 2022

In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $37 per unit, rising by 10% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 56% against the previous year. Over the period under review, the average export prices hit record highs at $37 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.6% per year.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Colombia (CIF) - 2022

The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $43 per unit in 2022, dropping by -42.8% against the previous year. Over the period under review, the import price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of 87% against the previous year. Over the period under review, average import prices reached the maximum at $75 per unit in 2021, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($200 per unit), while the price for China ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Colombia

In 2022, shipments abroad of articles of apparel, clothing accessories and other articles of furskin decreased by -40.2% to 2.9K units, falling for the second year in a row after two years of growth. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 828%. As a result, the exports reached the peak of 6.7K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin fell notably to $106K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 941%. As a result, the exports attained the peak of $216K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.615216199.089.3%
SpainN/A62.7N/AN/A0%
Others6.11.20.47.36.2%
Total20.821616110672.1%

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Colombia in 2022:

  1. United States (2.8K units)

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Colombia

Imports of articles of apparel, clothing accessories and other articles of furskin into Colombia surged to 1.8K units in 2022, jumping by 53% compared with 2021. Overall, imports, however, saw a significant decrease. The pace of growth was the most pronounced in 2021 when imports increased by 109% against the previous year. Imports peaked at 5.1K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin reduced to $79K in 2022. In general, imports, however, continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 218% against the previous year. Over the period under review, imports of attained the maximum at $216K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.22.59.322.20.0%
Spain23.63.017.016.6-11.1%
India1479.85.715.5-52.8%
PanamaN/AN/AN/A5.50%
United States2.3N/A33.85.432.9%
BrazilN/A9.6N/A5.0-27.8%
Germany0.21.52.71.281.7%
Others20.61.821.47.6-28.3%
Total21628.389.978.9-28.5%

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Colombia in 2022:

  1. China (1131.0 units)
  2. India (221.0 units)
  3. Panama (123.0 units)
  4. Brazil (119.0 units)
  5. Spain (83.0 units)
  6. United States (62.0 units)
  7. Germany (42.0 units)

Source: IndexBox Market Intelligence Platform

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