Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Colombia - 2022

Contents:

  1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Colombia (CIF) - 2022
  2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Colombia (FOB) - 2022
  3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Colombia
  4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Colombia

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Colombia (CIF) - 2022

The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $3,293 per ton in 2022, picking up by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 the United States ($3,578 per ton), while the price for India ($2,365 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Colombia (FOB) - 2022

In 2022, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $3,007 per ton, waning by -7% against the previous year. Over the period under review, the export price saw a slight curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices hit record highs at $3,450 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($3,018 per ton), while the average price for exports to Indonesia totaled $2,989 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-0.7%).

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Colombia

In 2022, the amount of artificial staple fibres, not carded, combed or otherwise processed for spinning imported into Colombia dropped sharply to 450 tons, shrinking by -22.5% against the previous year. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 0.9%.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning dropped to $1.5M in 2022. In general, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year.

Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4743373955796.9%
China752195442333-23.8%
United States76.353.311815626.9%
India53.757.313713335.3%
Austria16128825394.2-16.4%
Thailand55.157.960.859.12.4%
Indonesia88.011082.553.8-15.1%
SingaporeN/A29.657.6N/A94.6%
Others33.140.964.473.630.5%
Total1,6941,1691,6111,482-4.4%

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Colombia in 2022:

  1. Germany (164.8 tons)
  2. China (104.1 tons)
  3. India (56.3 tons)
  4. United States (43.6 tons)
  5. Austria (26.4 tons)
  6. Indonesia (19.5 tons)
  7. Thailand (18.4 tons)

Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Colombia

Exports of artificial staple fibres, not carded, combed or otherwise processed for spinning from Colombia skyrocketed to 25 tons in 2022, jumping by 156% compared with the year before. Overall, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning soared to $75K in 2022. Over the period under review, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand47.223.611.343.7-2.5%
Indonesia10.735.120.131.042.6%
Others0.1N/AN/AN/A0%
Total58.058.731.474.78.8%

Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Colombia in 2022:

  1. Thailand (14.5 tons)
  2. Indonesia (10.4 tons)

Source: IndexBox Market Intelligence Platform

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