Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Colombia - 2024

Contents:

  1. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Colombia (CIF) - 2024
  2. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Colombia (FOB) - 2022
  3. Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Colombia
  4. Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Colombia

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Colombia (CIF) - 2024

In February 2024, the average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $4.5 per square meter, remaining relatively unchanged against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 30% month-to-month. Over the period under review, average import prices hit record highs at $5.5 per square meter in April 2023; however, from May 2023 to February 2024, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From February 2023 to February 2024, the rate of growth in terms of prices for China amounted to +0.9% per month.

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Colombia (FOB) - 2022

The average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $3 per square meter in 2022, rising by 4% against the previous year. Overall, the export price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 13% against the previous year. The export price peaked at $3.7 per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Guatemala ($4.1 per square meter) and Bolivia ($4 per square meter), while the average price for exports to Ecuador ($2.8 per square meter) and Peru ($2.9 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+2.2%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Colombia

In 2022, overseas purchases of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses decreased by -11.8% to 29M square meters, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. As a result, imports attained the peak of 39M square meters. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses reduced slightly to $22M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 8.2% against the previous year. As a result, imports attained the peak of $23M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.321.219.319.60.5%
South Korea0.80.71.60.7-4.4%
Taiwan (Chinese)N/AN/AN/A0.50%
Others1.21.11.21.32.7%
Total21.323.122.222.11.2%

Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to Colombia in 2022:

  1. China (27.6M square meters)
  2. Taiwan (Chinese) (0.6M square meters)
  3. South Korea (0.4M square meters)

Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Colombia

In 2022, approx. 163K square meters of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses were exported from Colombia; jumping by 22% against the previous year. Over the period under review, exports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 36% against the previous year. The exports peaked at 233K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses soared to $490K in 2022. Overall, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. The exports peaked at $649K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador392153261317-6.8%
Mexico41.022.527.750.77.3%
Bolivia1.70.28.142.4192.2%
Peru12942.241.030.5-38.2%
Costa Rica21.47.914.811.4-18.9%
Guatemala19.914.614.010.9-18.2%
United States3.93.30.610.338.2%
Cuba1.87.45.01.3-10.3%
Others37.322.815.115.5-25.4%
Total649274387490-8.9%

Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from Colombia in 2022:

  1. Ecuador (111.9K square meters)
  2. Mexico (16.6K square meters)
  3. Bolivia (10.5K square meters)
  4. Peru (10.4K square meters)
  5. Costa Rica (3.0K square meters)
  6. United States (3.0K square meters)
  7. Guatemala (2.7K square meters)
  8. Cuba (0.9K square meters)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics, woven; containing 85% or more by weight of non-textured polyester filaments - Colombia