Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Colombia - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Colombia (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Colombia (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Colombia
- Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Colombia
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Colombia (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $4,032 per ton, reducing by -2.9% against the previous year. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 16%. Over the period under review, average import prices attained the peak figure at $16,571 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($36,900 per ton), while the price for China ($3,623 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Colombia (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $6,629 per ton, surging by 4.7% against the previous year. Over the period under review, the export price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2014 an increase of 118% against the previous year. As a result, the export price attained the peak level of $16,359 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($13,311 per ton), while the average price for exports to Peru ($5,591 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 Dominican Republic (+42.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Colombia
In 2022, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds into Colombia skyrocketed to 2.4K tons, rising by 43% compared with 2021 figures. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds soared to $9.8M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 4.5 | 5.8 | 8.1 | 17.4% |
| Spain | 1.0 | 0.9 | 0.9 | 1.3 | 9.1% |
| Hong Kong SAR | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
| Others | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
| Total | 6.5 | 5.6 | 7.1 | 9.8 | 14.7% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Colombia in 2022:
- China (2247.1 tons)
- Spain (142.7 tons)
- Hong Kong SAR (7.9 tons)
Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Colombia
Exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds from Colombia declined sharply to 22 tons in 2022, reducing by -21.2% compared with 2021 figures. In general, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 137%. As a result, the exports attained the peak of 28 tons, and then fell sharply in the following year.
In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds contracted significantly to $147K in 2022. Overall, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 145%. As a result, the exports reached the peak of $178K, and then shrank sharply in the following year.
| Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 86.5 | 64.1 | 139 | 82.3 | -1.6% |
| Costa Rica | N/A | 2.5 | 22.8 | 37.5 | 287.3% |
| Peru | 1.2 | 1.6 | 4.6 | 11.7 | 113.6% |
| Mexico | 0.5 | 0.6 | 1.4 | 6.7 | 137.5% |
| Guatemala | N/A | 0.2 | 2.0 | 5.4 | 419.6% |
| Dominican Republic | 7.1 | 0.1 | 5.5 | 1.3 | -43.2% |
| Others | 2.2 | 3.5 | 2.1 | 2.0 | -3.1% |
| Total | 97.4 | 72.6 | 178 | 147 | 14.7% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Colombia in 2022:
- Ecuador (13.5 tons)
- Costa Rica (4.8 tons)
- Peru (2.1 tons)
- Guatemala (0.9 tons)
- Mexico (0.5 tons)
- Dominican Republic (0.2 tons)
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