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

Contents:

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

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

In 2022, the average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $881 per thousand square meters, surging by 10% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. As a result, import price attained the peak level of $1.1 per square meter. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($2.5 per square meter), while the price for South Korea ($431 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-0.7%), 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 Ecuador (FOB) - 2022

In 2022, the average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $1.5 per square meter, increasing by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2017 an increase of 19% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +3.4% per year.

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

In 2022, overseas purchases of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses decreased by -3% to 4.5M square meters for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 78%. As a result, imports attained the peak of 4.7M square meters, and then contracted slightly in the following year.

In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses totaled $4M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +60.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.61.62.62.617.6%
Colombia0.90.71.01.313.0%
South Korea0.10.10.10.10.0%
Others0.30.10.10.1-30.7%
Total2.82.53.74.012.6%

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

  1. China (3.8M square meters)
  2. Colombia (0.5M square meters)
  3. South Korea (0.1M square meters)

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

In 2022, shipments abroad of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses decreased by -20.1% to 59K square meters, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 6.9% against the previous year. As a result, the exports reached the peak of 85K square meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses shrank to $86K in 2022. Overall, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 6%. As a result, the exports reached the peak of $111K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia10511149.285.6-6.6%
PeruN/AN/A48.1N/A0%
OthersN/AN/AN/A0.30%
Total10511197.385.9-6.5%

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

  1. Colombia (58.6K square meters)

Source: IndexBox Market Intelligence Platform

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