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

Contents:

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

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

In 2022, the average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $585 per thousand square meters, which is down by -6.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 15% against the previous year. The import price peaked at $624 per thousand square meters in 2021, and then contracted in the following year.

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 China ($572 per thousand square meters), while the price for South Korea stood at $282 per thousand square meters.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%).

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

The average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $2.6 per square meter in 2022, leveling off at the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 60%. As a result, the export price reached the peak level of $2.7 per square meter. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +137.4% per year.

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

Imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses into Ecuador surged to 46M square meters in 2022, with an increase of 66% against the previous year's figure. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +88.0% 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, woven; containing 85% or more by weight of non-textured polyester filamentses soared to $27M in 2022. In general, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (43.3M square meters)
2. South Korea (1.1M square meters)

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

In 2022, after two years of decline, there was decline in shipments abroad of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses, when their volume decreased by 0% to 571 square meters. Over the period under review, exports saw a dramatic decline. The smallest decline of 99.9% was in 2020. The exports peaked at 33K 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 stood at $1.5K in 2022. In general, exports continue to indicate a sharp downturn. The smallest decline of 99.9% was in 2020. The exports peaked at $61K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Canada (570.0 square meters)

Source: IndexBox Market Intelligence Platform