Price for Knitted or Crocheted Pile Fabrics in Colombia - 2022
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Colombia (CIF) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Colombia (FOB) - 2022
- Imports of Knitted or Crocheted Pile Fabrics in Colombia
- Exports of Knitted or Crocheted Pile Fabrics in Colombia
Price for Knitted or Crocheted Pile Fabrics in Colombia (CIF) - 2022
In 2022, the average import price for knitted or crocheted pile fabricses amounted to $3,283 per ton, with an increase of 1.8% against the previous year. In general, the import price, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. Over the period under review, average import prices attained the peak figure at $5,223 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 China amounted to -3.1% per year.
Price for Knitted or Crocheted Pile Fabrics in Colombia (FOB) - 2022
The average export price for knitted or crocheted pile fabricses stood at $7,047 per ton in 2022, reducing by -2.6% against the previous year. Over the period under review, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 8.8%. Over the period under review, the average export prices hit record highs at $11,728 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($8,529 per ton), while the average price for exports to Peru ($4,787 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 Mexico (-3.8%), while the prices for the other major destinations experienced a decline.
Imports of Knitted or Crocheted Pile Fabrics in Colombia
In 2022, after three years of growth, there was significant decline in supplies from abroad of knitted or crocheted pile fabricses, when their volume decreased by -12.5% to 15K tons. The total import volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, imports reached the peak of 18K tons, and then shrank in the following year.
In value terms, knitted or crocheted pile fabrics imports reduced to $50M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 28%. As a result, imports attained the peak of $57M, and then shrank in the following year.
| Import of Knitted or Crocheted Pile Fabrics in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.8 | 41.1 | 53.7 | 47.3 | 7.8% |
| Others | 5.7 | 3.1 | 2.8 | 3.1 | -18.4% |
| Total | 43.5 | 44.2 | 56.6 | 50.4 | 5.0% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Colombia in 2022:
- China (16.2K tons)
Exports of Knitted or Crocheted Pile Fabrics in Colombia
Knitted or crocheted pile fabrics exports from Colombia fell notably to 214 tons in 2022, declining by -26.8% compared with 2021. In general, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 115%. As a result, the exports attained the peak of 292 tons, and then declined rapidly in the following year.
In value terms, knitted or crocheted pile fabrics exports shrank dramatically to $1.5M in 2022. Overall, exports, however, enjoyed a moderate increase. The growth pace was the most rapid in 2021 when exports increased by 134% against the previous year. As a result, the exports reached the peak of $2.1M, and then declined significantly in the following year.
| Export of Knitted or Crocheted Pile Fabrics in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 1,196 | 816 | 1,846 | 1,324 | 3.4% |
| Bolivia | 6.3 | 25.8 | 59.6 | 42.7 | 89.2% |
| Mexico | 42.8 | 8.9 | 40.0 | 28.7 | -12.5% |
| Peru | 44.0 | 15.3 | 37.4 | 26.8 | -15.2% |
| Costa Rica | 4.7 | 5.5 | 33.3 | 23.9 | 72.0% |
| El Salvador | 36.5 | 10.5 | 28.9 | 20.7 | -17.2% |
| Others | 29.6 | 19.6 | 66.3 | 39.5 | 10.1% |
| Total | 1,360 | 902 | 2,112 | 1,507 | 3.5% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Colombia in 2022:
- Ecuador (186.5 tons)
- Peru (5.6 tons)
- Bolivia (5.0 tons)
- Mexico (4.9 tons)
- Costa Rica (4.1 tons)
- El Salvador (2.3 tons)
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