Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Colombia - 2022

Contents:

1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Colombia (CIF) - 2022
2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Colombia (FOB) - 2022
3. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Colombia
4. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Colombia

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Colombia (CIF) - 2022

In February 2022, the average import price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $6,109 per ton, reducing by -5.6% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in July 2021 an increase of 21% against the previous month. As a result, import price attained the peak level of $6,946 per ton. From August 2021 to February 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($11,571 per ton), while the price for Turkey ($4,893 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Colombia (FOB) - 2022

In February 2022, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $9,134 per ton, shrinking by -2.8% against the previous month. Overall, export price indicated a moderate expansion from February 2021 to February 2022: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, export price for fabrics, knitted or crocheted, of a width of > 30 cms decreased by -8.7% against November 2021 indices. The most prominent rate of growth was recorded in July 2021 an increase of 22% against the previous month. The export price peaked at $10,007 per ton in November 2021; however, from December 2021 to February 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Costa Rica ($10,567 per ton), while the average price for exports to Peru ($5,904 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Colombia

In 2022, imports of fabrics, knitted or crocheted, of a width of > 30 cms into Colombia skyrocketed to 17K tons, jumping by 32% against the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms soared to $109M in 2022. Overall, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Colombia in 2022:

1. China (10.9K tons)
2. Peru (4.0K tons)
3. Brazil (0.4K tons)
4. Turkey (0.4K tons)
5. Mexico (0.4K tons)
6. United States (0.3K tons)
7. South Korea (0.3K tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Colombia

In 2022, exports of fabrics, knitted or crocheted, of a width of > 30 cms from Colombia stood at 2.2K tons, growing by 13% compared with the previous year. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.5% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 47% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms expanded rapidly to $17M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 64% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Colombia in 2022:

1. Ecuador (1218.0 tons)
2. Mexico (393.8 tons)
3. Peru (174.2 tons)
4. Guatemala (104.3 tons)
5. Chile (99.0 tons)
6. Costa Rica (83.6 tons)
7. El Salvador (77.1 tons)

Source: IndexBox Market Intelligence Platform