Price for Rubber Thread and Cord; Textile Covered in Colombia - 2024
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Colombia (CIF) - 2022
- Price for Rubber Thread and Cord; Textile Covered in Colombia (FOB) - 2022
- Imports of Rubber Thread and Cord; Textile Covered in Colombia
- Exports of Rubber Thread and Cord; Textile Covered in Colombia
Price for Rubber Thread and Cord; Textile Covered in Colombia (CIF) - 2022
The average import price for rubber thread and cord; textile covereds stood at $4,987 per ton in 2022, which is down by -2.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 36%. As a result, import price attained the peak level of $7,547 per ton. From 2017 to 2022, the average 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 the United States ($14,569 per ton), while the price for China ($4,620 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber Thread and Cord; Textile Covered in Colombia (FOB) - 2022
The average export price for rubber thread and cord; textile covereds stood at $9,567 per ton in 2022, waning by -6.9% against the previous year. Over the period under review, the export price recorded a slight contraction. The pace of growth appeared the most rapid in 2017 an increase of 50%. Over the period under review, the average export prices attained the peak figure at $14,607 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Chile ($22,224 per ton), while the average price for exports to Ecuador totaled $8,693 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber Thread and Cord; Textile Covered in Colombia
In 2022, purchases abroad of rubber thread and cord; textile covereds decreased by -2.9% to 493 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 114% against the previous year.
In value terms, imports of rubber thread and cord; textile covereds shrank to $2.5M in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 127% against the previous year.
| Import of Rubber Thread and Cord; Textile Covered in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 676 | 1,745 | 1,981 | 1,844 | 39.7% |
| Peru | 97.4 | 113 | 231 | 260 | 38.7% |
| Thailand | 75.7 | 77.6 | 179 | 206 | 39.6% |
| Others | 51.4 | 112 | 206 | 147 | 41.9% |
| Total | 901 | 2,048 | 2,597 | 2,457 | 39.7% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Colombia in 2022:
- China (399.1 tons)
- Thailand (43.3 tons)
- Peru (35.1 tons)
Exports of Rubber Thread and Cord; Textile Covered in Colombia
In 2022, overseas shipments of rubber thread and cord; textile covereds decreased by -1.4% to 1.8 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year. As a result, the exports reached the peak of 1.8 tons; afterwards, it flattened through to 2022.
In value terms, exports of rubber thread and cord; textile covereds reduced to $17K in 2022. The total export value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year. As a result, the exports reached the peak of $20K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Rubber Thread and Cord; Textile Covered in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 6.9 | 15.7 | 10.1 | 14.6 | 28.4% |
| Chile | N/A | 0.2 | 1.8 | 2.6 | 260.6% |
| Vietnam | 4.9 | N/A | N/A | N/A | 0% |
| Costa Rica | N/A | 4.3 | N/A | N/A | 0% |
| Honduras | N/A | N/A | 4.4 | N/A | 0% |
| Seychelles | N/A | N/A | 0.4 | N/A | 0% |
| Others | 2.6 | 0.2 | 2.1 | N/A | -10.1% |
| Total | 14.4 | 20.4 | 18.7 | 17.2 | 6.1% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Colombia in 2022:
- Ecuador (1680.0 kg)
- Chile (116.0 kg)
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