Price for Handkerchiefs (Not Knitted or Crocheted) in Colombia - 2022

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in Colombia (CIF) - 2022
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in Colombia (FOB) - 2022
  3. Imports of Handkerchiefs (Not Knitted or Crocheted) in Colombia
  4. Exports of Handkerchiefs (Not Knitted or Crocheted) in Colombia

Price for Handkerchiefs (Not Knitted or Crocheted) in Colombia (CIF) - 2022

In 2022, the average import price for handkerchiefs (not knitted or crocheted)s amounted to $1.5 per unit, shrinking by -5.9% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, handkerchiefs (not knitted or crocheted) import price increased by +7.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 41% against the previous year. The import price peaked at $1.8 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Italy ($9.4 per unit), while the price for China ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+38.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handkerchiefs (Not Knitted or Crocheted) in Colombia (FOB) - 2022

In 2022, the average export price for handkerchiefs (not knitted or crocheted)s amounted to $0.9 per unit, flattening at the previous year. In general, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2013 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices hit record highs at $2.3 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($2.1 per unit), while the average price for exports to Panama ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handkerchiefs (Not Knitted or Crocheted) in Colombia

In 2022, approx. 152K units of handkerchiefs (not knitted or crocheted)s were imported into Colombia; waning by -3.5% compared with the year before. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 7.4%. Imports peaked at 219K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, handkerchiefs (not knitted or crocheted) imports reduced to $223K in 2022. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 23%. Imports peaked at $357K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Handkerchiefs (Not Knitted or Crocheted) in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China261173203178-12.0%
Italy47.611.925.523.7-20.7%
Turkey13.88.83.27.1-19.9%
Thailand4.6N/A1.2N/A-48.9%
Others30.06.712.614.4-21.7%
Total357200245223-14.5%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to Colombia in 2022:

  1. China (143.8K units)
  2. Turkey (2.9K units)
  3. Italy (2.5K units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in Colombia

In 2022, approx. 36K units of handkerchiefs (not knitted or crocheted)s were exported from Colombia; with a decrease of -39.1% compared with 2021. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 361%. As a result, the exports reached the peak of 58K units, and then reduced remarkably in the following year.

In value terms, handkerchiefs (not knitted or crocheted) exports dropped markedly to $32K in 2022. Over the period under review, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 395%. As a result, the exports attained the peak of $54K, and then reduced dramatically in the following year.

Export of Handkerchiefs (Not Knitted or Crocheted) in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama18.210.541.228.816.5%
Costa Rica1.20.24.31.20.0%
Ecuador1.1N/A2.70.8-10.1%
Guatemala0.60.11.70.60.0%
Others1.40.13.80.8-17.0%
Total22.510.853.632.212.7%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from Colombia in 2022:

  1. Panama (33.6K units)
  2. Costa Rica (0.7K units)
  3. Guatemala (0.4K units)
  4. Ecuador (0.4K units)

Source: IndexBox Market Intelligence Platform

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