Price for Tents of Synthetic Fibres in Colombia - 2022

Contents:

1. Price for Tents of Synthetic Fibres in Colombia (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Colombia (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Colombia
4. Exports of Tents of Synthetic Fibres in Colombia

Price for Tents of Synthetic Fibres in Colombia (CIF) - 2022

The average tents of synthetic fibres import price stood at $5,341 per ton in 2022, declining by -9.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 39% against the previous year. As a result, import price attained the peak level of $7,312 per ton. From 2021 to 2022, the average import prices remained at a somewhat 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 ($34,160 per ton), while the price for China ($4,852 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 (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tents of Synthetic Fibres in Colombia (FOB) - 2022

The average tents of synthetic fibres export price stood at $20,973 per ton in 2022, growing by 28% against the previous year. Overall, the export price recorded a moderate increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 65% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($51,131 per ton), while the average price for exports to Spain ($5,279 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 El Salvador (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Synthetic Fibres in Colombia

In 2022, the amount of tents of synthetic fibreses imported into Colombia surged to 611 tons, picking up by 32% on the previous year. In general, imports, however, recorded a noticeable decline.

In value terms, tents of synthetic fibres imports surged to $3.3M in 2022. Over the period under review, imports, however, continue to indicate a mild decrease.

Top Suppliers of Tents of Synthetic Fibres to Colombia in 2022:

1. China (546.9 tons)
2. Bangladesh (58.9 tons)

Exports of Tents of Synthetic Fibres in Colombia

In 2022, overseas shipments of tents of synthetic fibreses decreased by -62.2% to 1.8 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 78% against the previous year. As a result, the exports reached the peak of 6.1 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, tents of synthetic fibres exports contracted significantly to $38K in 2022. Over the period under review, exports, however, continue to indicate a notable increase. The pace of growth was the most pronounced in 2020 with an increase of 77% against the previous year.

Top Export Markets for Tents of Synthetic Fibres from Colombia in 2022:

1. Spain (717.0 kg)
2. Venezuela (527.0 kg)
3. Guatemala (354.0 kg)
4. Cuba (99.0 kg)
5. El Salvador (80.0 kg)

Source: IndexBox Market Intelligence Platform