Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Colombia - 2024
Contents:
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Colombia (CIF) - 2024
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Colombia (FOB) - 2022
- Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Colombia
- Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Colombia
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Colombia (CIF) - 2024
The average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $4.9 per square meter in February 2024, rising by 4.1% against the previous month. Over the period under review, the import price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in October 2023 when the average import price increased by 39% against the previous month. Over the period under review, average import prices reached the maximum at $6.6 per square meter in February 2023; however, from March 2023 to February 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($5.0 per square meter), while the price for Venezuela ($2.9 per square meter) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Venezuela (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Colombia (FOB) - 2022
In 2022, the average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $2.4 per square meter, surging by 4.3% against the previous year. In general, the export price, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices hit record highs at $3.1 per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($3.6 per square meter), while the average price for exports to Venezuela ($1.3 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Colombia
In 2022, after three years of growth, there was significant decline in overseas purchases of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses, when their volume decreased by -46.1% to 7M square meters. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 81% against the previous year. Imports peaked at 13M square meters in 2021, and then contracted rapidly in the following year.
In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses contracted remarkably to $4.8M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 100% against the previous year. Over the period under review, imports of reached the maximum at $9.5M in 2021, and then declined remarkably in the following year.
| Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 8.8 | 8.6 | 4.4 | 0.8% |
| Indonesia | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 0.3 | 0.5 | 0.7 | 0.3 | 0.0% |
| Total | 4.7 | 9.4 | 9.5 | 4.8 | 0.7% |
Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to Colombia in 2022:
- China (6.6M square meters)
- Indonesia (0.1M square meters)
Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Colombia
For the fourth year in a row, Colombia recorded growth in shipments abroad of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses, which increased by 10% to 1.5M square meters in 2022. The total export volume increased at an average annual rate of +14.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 23%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses rose significantly to $3.6M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.1% 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 +64.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 653 | 553 | 972 | 1,255 | 24.3% |
| Mexico | 501 | 618 | 861 | 1,025 | 26.9% |
| Costa Rica | 208 | 298 | 210 | 255 | 7.0% |
| Peru | 137 | 247 | 206 | 197 | 12.9% |
| United States | 186 | 156 | 124 | 167 | -3.5% |
| Guatemala | 117 | 91.1 | 218 | 163 | 11.7% |
| Dominican Republic | 67.1 | 63.1 | 115 | 125 | 23.0% |
| Spain | 57.4 | 171 | 101 | 106 | 22.7% |
| Free Zones | 69.6 | 40.1 | 118 | 92.7 | 10.0% |
| Uruguay | 17.9 | 39.3 | 24.4 | 53.6 | 44.1% |
| Chile | 45.2 | 69.6 | 83.3 | 36.3 | -7.0% |
| Others | 119 | 94.7 | 97.3 | 116 | -0.8% |
| Total | 2,178 | 2,441 | 3,130 | 3,590 | 18.1% |
Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from Colombia in 2022:
- Ecuador (509.4K square meters)
- Mexico (485.2K square meters)
- Peru (106.2K square meters)
- Costa Rica (94.5K square meters)
- Dominican Republic (47.6K square meters)
- United States (46.2K square meters)
- Guatemala (45.1K square meters)
- Uruguay (26.1K square meters)
- Free Zones (26.0K square meters)
- Spain (25.2K square meters)
- Chile (22.9K square meters)
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