Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Colombia - 2024

Contents:

  1. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Colombia (CIF) - 2022
  2. Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Colombia

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Colombia (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $3,389 per ton, increasing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 49%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($12,446 per ton), while the price for Germany ($2,532 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Colombia

For the third year in a row, Colombia recorded decline in supplies from abroad of fibres; synthetic filament tow, acrylic or modacrylics, which decreased by -63.5% to 450 tons in 2022. Over the period under review, imports saw a sharp shrinkage. The smallest decline of -9.5% was in 2021.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics declined sharply to $1.5M in 2022. Overall, imports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2021 when imports increased by 34%.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,7741,090863631-29.1%
Mexico2,2351,0472,162380-44.6%
Peru271227220256-1.9%
Spain323312376194-15.6%
Turkey16212512049.2-32.8%
Others2.14.527.913.686.4%
Total4,7672,8053,7681,524-31.6%

Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Colombia in 2022:

  1. Germany (249.3 tons)
  2. Mexico (105.6 tons)
  3. Peru (69.2 tons)
  4. Spain (15.6 tons)
  5. Turkey (9.3 tons)

Source: IndexBox Market Intelligence Platform

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