Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Colombia - 2023
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Colombia (CIF) - 2022
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Colombia (FOB) - 2022
- Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Colombia
- Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Colombia
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Colombia (CIF) - 2022
The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $1,278 per ton in 2022, with an increase of 10% against the previous year. In general, the import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2019 when the average import price increased by 81%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,023 per ton), while the price for Free Zones ($647 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Colombia (FOB) - 2022
The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $1,478 per ton in 2022, picking up by 68% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $2,318 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($11,500 per ton), while the average price for exports to the United States ($571 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+21.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Colombia
In 2022, the amount of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses imported into Colombia fell markedly to 65 tons, declining by -44.6% against the previous year. Overall, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 161% against the previous year.
In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses dropped sharply to $83K in 2022. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 338%.
| Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 27.4 | 4.2 | 39.4 | 30.2 | 3.3% |
| Free Zones | 40.9 | 8.7 | 21.3 | 14.3 | -29.6% |
| United States | 25.2 | 5.9 | 15.8 | 11.7 | -22.6% |
| China | 11.3 | 3.2 | 10.4 | 9.3 | -6.3% |
| Belgium | 20.2 | 4.6 | 12.1 | 8.7 | -24.5% |
| Germany | 14.3 | 3.4 | 9.4 | 7.1 | -20.8% |
| Turkey | N/A | N/A | 25.2 | N/A | 0% |
| Others | 2.5 | 0.8 | 1.8 | 1.6 | -13.8% |
| Total | 142 | 30.9 | 135 | 82.9 | -16.4% |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Colombia in 2022:
- Free Zones (22.1 tons)
- Spain (19.9 tons)
- Belgium (8.8 tons)
- China (5.7 tons)
- United States (3.9 tons)
- Germany (3.3 tons)
Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Colombia
In 2022, overseas shipments of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses decreased by -94% to 1.5 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by 215% against the previous year. As a result, the exports attained the peak of 26 tons, and then reduced remarkably in the following year.
In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses fell significantly to $2.3K in 2022. Over the period under review, exports saw a sharp curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 24% against the previous year.
| Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 6.2 | 8.7 | 5.0 | 1.3 | -40.6% |
| China | 2.5 | 3.5 | 2.0 | 0.5 | -41.5% |
| Brazil | 1.8 | 2.5 | 1.3 | 0.3 | -45.0% |
| United States | 4.3 | 3.8 | 1.3 | 0.1 | -71.5% |
| Peru | N/A | N/A | 12.7 | N/A | 0% |
| Others | 0.3 | 0.3 | 0.2 | N/A | -18.4% |
| Total | 15.1 | 18.8 | 22.4 | 2.3 | -46.6% |
Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres from Colombia in 2022:
- China (702.0 kg)
- Belgium (407.0 kg)
- United States (226.0 kg)
- Brazil (188.0 kg)
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