Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Ecuador - 2022

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Ecuador (CIF) - 2022
2. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Ecuador

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Ecuador (CIF) - 2022

In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $416 per ton, leveling off at the previous year. Over the period under review, the import price enjoyed a slight expansion. The pace of growth was the most pronounced in 2015 an increase of 164% against the previous year. As a result, import price attained the peak level of $923 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +91.4% per year.

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Ecuador

In 2022, approx. 2.3 tons of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses were imported into Ecuador; stabilizing at the year before. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 53%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $961 in 2022. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 67%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Ecuador in 2022:

1. China (2.3 tons)

Source: IndexBox Market Intelligence Platform