Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ecuador - 2022
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ecuador (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ecuador (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ecuador
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ecuador
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ecuador (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $14,923 per ton in 2022, waning by -1.9% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cotton yarn (other than sewing thread), put up for retail sale increased by +69.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50%. Over the period under review, average import prices attained the peak figure at $16,967 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($26,431 per ton), while the price for China ($5,790 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ecuador (FOB) - 2022
In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $6,603 per ton, which is down by -20% against the previous year. Over the period under review, the export price recorded a noticeable reduction. The pace of growth was the most pronounced in 2021 when the average export price increased by 67%. The export price peaked at $10,767 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($10,491 per ton), while the average price for exports to Panama ($1,034 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 the United States (+42.8%), while the prices for the other major destinations experienced a decline.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ecuador
For the third year in a row, Ecuador recorded decline in purchases abroad of cotton yarn (other than sewing thread), put up for retail sale, which decreased by -13.6% to 16 tons in 2022. Over the period under review, imports recorded a sharp setback. The smallest decline of -4.1% was in 2021.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale dropped dramatically to $236K in 2022. Overall, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 75.1 | 25.6 | 78.4 | 74.3 | -0.4% |
| Brazil | 40.1 | 22.8 | 68.6 | 56.1 | 11.8% |
| China | 148 | 62.2 | 18.5 | 26.1 | -43.9% |
| Turkey | 2.8 | 2.1 | 0.6 | 19.1 | 89.7% |
| Spain | 19.5 | 19.2 | 18.9 | 17.3 | -3.9% |
| France | 39.8 | 43.8 | 58.1 | 10.1 | -36.7% |
| United States | 2.1 | 1.4 | 0.6 | 7.2 | 50.8% |
| Others | 12.0 | 16.6 | 34.9 | 26.0 | 29.4% |
| Total | 339 | 194 | 279 | 236 | -11.4% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Ecuador in 2022:
- China (4.5 tons)
- Peru (3.7 tons)
- Spain (2.7 tons)
- Brazil (2.1 tons)
- Turkey (1.1 tons)
- France (0.6 tons)
- United States (0.4 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ecuador
In 2022, after three years of growth, there was significant decline in overseas shipments of cotton yarn (other than sewing thread), put up for retail sale, when their volume decreased by -11.5% to 116 kg. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 153%.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale contracted dramatically to $766 in 2022. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 140% against the previous year. As a result, the exports attained the peak of $1.1K, and then contracted dramatically in the following year.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 128 | 415 | 757 | 637 | 70.7% |
| Dominican Republic | 9.0 | N/A | N/A | 96.0 | 120.1% |
| Panama | 73.0 | 35.0 | 22.0 | 33.0 | -23.3% |
| Others | N/A | N/A | 302 | N/A | 0% |
| Total | 210 | 450 | 1,081 | 766 | 53.9% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Ecuador in 2022:
- United States (75.0 kg)
- Panama (32.0 kg)
- Dominican Republic (9.0 kg)
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