Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Colombia - 2024
Contents:
- Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Colombia (CIF) - 2024
- Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Colombia (FOB) - 2024
- Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Colombia
- Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Colombia
Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Colombia (CIF) - 2024
In February 2024, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $2.5 per square meter, declining by -10.8% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 44% m-o-m. As a result, import price attained the peak level of $4.1 per square meter. From October 2023 to February 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Mexico ($4.7 per square meter), while the price for Vietnam ($1.9 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 India (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Colombia (FOB) - 2024
The average export price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $2.7 per square meter in February 2024, with a decrease of -1.9% against the previous month. Over the period under review, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in April 2023 an increase of 8.3% month-to-month. The export price peaked at $3.7 per square meter in February 2023; however, from March 2023 to February 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Costa Rica ($4.1 per square meter), while the average price for exports to Mexico ($2.2 per square meter) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Colombia
In 2022, the amount of fabrics, woven; from strip or the like, of synthetic textile materialses imported into Colombia rose rapidly to 21M square meters, with an increase of 13% against the previous year's figure. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 52%. As a result, imports attained the peak of 22M square meters. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses soared to $7.4M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +54.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 44%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 509 | 660 | 2,523 | 3,929 | 97.6% |
Ecuador | 1,244 | 3,690 | 1,022 | 878 | -11.0% |
India | 602 | 422 | 1,236 | 870 | 13.1% |
United States | 1,294 | 1,278 | 648 | 469 | -28.7% |
South Korea | 151 | 40.7 | 225 | 309 | 27.0% |
Vietnam | 316 | 217 | 155 | 300 | -1.7% |
Brazil | 55.1 | N/A | 85.8 | 275 | 70.9% |
Others | 655 | 622 | 350 | 415 | -14.1% |
Total | 4,826 | 6,930 | 6,245 | 7,446 | 15.6% |
Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Colombia in 2022:
- China (12.0M square meters)
- Ecuador (2.8M square meters)
- India (2.6M square meters)
- United States (1.0M square meters)
- Vietnam (0.9M square meters)
- South Korea (0.8M square meters)
- Brazil (0.5M square meters)
Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Colombia
In 2022, approx. 12M square meters of fabrics, woven; from strip or the like, of synthetic textile materialses were exported from Colombia; which is down by -19.7% on the year before. Overall, exports faced a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 95% against the previous year. Over the period under review, the exports of fabrics, woven; from strip or like, of synthetic textile materialses attained the peak figure at 21M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses fell remarkably to $4.9M in 2022. In general, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 137% against the previous year. Over the period under review, the exports of fabrics, woven; from strip or like, of synthetic textile materialses attained the maximum at $7M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 687 | 129 | 2,680 | 1,900 | 40.4% |
United States | 4,818 | 1,044 | 1,530 | 1,328 | -34.9% |
Ecuador | 482 | 436 | 689 | 497 | 1.0% |
Dominican Republic | 77.9 | 62.0 | 166 | 233 | 44.1% |
Panama | 89.7 | 19.8 | 75.1 | 204 | 31.5% |
Honduras | 0.9 | 30.6 | 59.9 | 143 | 441.6% |
Costa Rica | 202 | 119 | 71.6 | 139 | -11.7% |
Peru | 199 | 162 | 46.0 | 132 | -12.8% |
Argentina | 172 | 236 | 112 | 132 | -8.4% |
Guatemala | 7.9 | 13.6 | 50.9 | 131 | 155.0% |
Brazil | 59.7 | 101 | 349 | 21.0 | -29.4% |
Others | 163 | 108 | 12.8 | 45.4 | -34.7% |
Total | 6,960 | 2,460 | 5,843 | 4,906 | -11.0% |
Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from Colombia in 2022:
- Mexico (5.5M square meters)
- United States (3.4M square meters)
- Ecuador (1.0M square meters)
- Dominican Republic (0.5M square meters)
- Panama (0.4M square meters)
- Honduras (0.3M square meters)
- Costa Rica (0.3M square meters)
- Guatemala (0.3M square meters)
- Peru (0.3M square meters)
- Argentina (0.3M square meters)
- Brazil (0.1M square meters)
This report provides an in-depth analysis of the man-made filament fabric market in Colombia.
This report provides an in-depth analysis of the global man-made filament fabric market.
This report provides an in-depth analysis of the man-made filament fabric market in Colombia.
This report provides an in-depth analysis of the global man-made filament fabric market.
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