Price for Embroidery; in the Piece, in Strips or in Motifs in Chile - 2023

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Chile (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Chile (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Chile
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Chile

Price for Embroidery; in the Piece, in Strips or in Motifs in Chile (CIF) - 2022

The average import price for embroidery; in the piece, in strips or in motifses stood at $9,521 per ton in 2022, with a decrease of -8.5% against the previous year. Over the period under review, the import price showed a slight decrease. The pace of growth appeared the most rapid in 2015 when the average import price increased by 119%. The import price peaked at $36,401 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 Indonesia ($25,048 per ton), while the price for Bolivia ($534 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.2%), while the prices for the other major suppliers experienced a decline.

Price for Embroidery; in the Piece, in Strips or in Motifs in Chile (FOB) - 2022

The average export price for embroidery; in the piece, in strips or in motifses stood at $56,844 per ton in 2022, which is down by -44.4% against the previous year. Overall, the export price saw a noticeable decline. The pace of growth appeared the most rapid in 2018 an increase of 94% against the previous year. The export price peaked at $147,173 per ton in 2020; however, from 2021 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 Bolivia ($58,462 per ton), while the average price for exports to Anguilla totaled $17,509 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (-7.3%).

Imports of Embroidery; in the Piece, in Strips or in Motifs in Chile

For the fourth consecutive year, Chile recorded growth in supplies from abroad of embroidery; in the piece, in strips or in motifses, which increased by 3.6% to 125 tons in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 79% against the previous year. Over the period under review, imports of embroidery; in piece, in strips or in motifses hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of embroidery; in the piece, in strips or in motifses reduced to $1.2M in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 83% against the previous year.

Import of Embroidery; in the Piece, in Strips or in Motifs in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32955092981235.1%
IndonesiaN/AN/A52.8113114.0%
India13.940.866.648.151.3%
ThailandN/A33.350.738.06.8%
EcuadorN/AN/AN/A10.50%
BoliviaN/AN/AN/A1.40%
Others64.112015616737.6%
Total4077441,2551,19043.0%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Chile in 2022:

  1. China (86.3 tons)
  2. Ecuador (18.0 tons)
  3. Thailand (7.3 tons)
  4. Indonesia (4.5 tons)
  5. Bolivia (2.7 tons)
  6. India (2.6 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Chile

In 2022, the amount of embroidery; in the piece, in strips or in motifses exported from Chile soared to 2.8 tons, jumping by 46% against the year before. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 312%. Over the period under review, the exports of embroidery; in piece, in strips or in motifses reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of embroidery; in the piece, in strips or in motifses fell notably to $159K in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 659%.

Export of Embroidery; in the Piece, in Strips or in Motifs in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia14.3167188157122.3%
AnguillaN/AN/AN/A2.00%
United Arab Emirates1.5N/AN/AN/A0%
Others7.610.19.10.3-66.0%
Total23.317719715989.7%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Chile in 2022:

  1. Bolivia (2684.0 kg)
  2. Anguilla (116.0 kg)

Source: IndexBox Market Intelligence Platform

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