Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Colombia - 2022

Contents:

  1. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Colombia (CIF) - 2022
  2. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Colombia (FOB) - 2022
  3. Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Colombia
  4. Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Colombia

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Colombia (CIF) - 2022

The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $4,351 per ton in 2022, falling by -24.5% against the previous year. In general, the import price showed a pronounced curtailment. The growth pace was the most rapid in 2020 an increase of 43%. The import price peaked at $9,961 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 ($15,521 per ton), while the price for Turkey ($3,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Colombia (FOB) - 2022

The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $6,957 per ton in 2022, with a decrease of -38.3% against the previous year. In general, the export price recorded a abrupt descent. The growth pace was the most rapid in 2020 when the average export price increased by 103%. Over the period under review, the average export prices attained the maximum at $32,259 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($30,778 per ton), while the average price for exports to the Dominican Republic ($4,158 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 Peru (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Colombia

In 2022, imports of man-made filament yarn (other than sewing thread), put up for retail sale into Colombia declined significantly to 55 tons, waning by -22.9% against the previous year's figure. Over the period under review, imports continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2021 when imports increased by 148%. As a result, imports reached the peak of 71 tons, and then shrank rapidly in the following year.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale fell to $239K in 2022. In general, imports saw a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 95%.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47.636.711116451.0%
Mexico60.149.191.257.2-1.6%
United States142N/A0.25.3-66.6%
Hong Kong SARN/A19.629.53.5-57.7%
Turkey47.4N/AN/AN/A0%
Others52.633.038.48.8-44.9%
Total349138270239-11.9%

Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Colombia in 2022:

  1. China (45.7 tons)
  2. Mexico (8.1 tons)
  3. Hong Kong SAR (0.6 tons)
  4. United States (0.3 tons)

Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Colombia

In 2022, after two years of decline, there was significant growth in overseas shipments of man-made filament yarn (other than sewing thread), put up for retail sale, when their volume increased by 212% to 3.3 tons. Over the period under review, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale skyrocketed to $23K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic3.41.71.010.746.5%
Ecuador1.12.21.36.782.6%
Panama2.54.20.22.1-5.6%
Costa Rica3.46.95.12.0-16.2%
Peru1.13.72.90.8-10.1%
Bolivia7.1N/AN/AN/A0%
Others0.1N/A1.10.344.2%
Total18.618.811.622.76.9%

Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Colombia in 2022:

  1. Dominican Republic (2580.0 kg)
  2. Ecuador (508.0 kg)
  3. Costa Rica (78.0 kg)
  4. Panama (72.0 kg)
  5. Peru (27.0 kg)

Source: IndexBox Market Intelligence Platform

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