Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Colombia - 2022

Contents:

  1. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Colombia (CIF) - 2022
  2. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Colombia (FOB) - 2022
  3. Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Colombia
  4. Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Colombia

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Colombia (CIF) - 2022

In February 2022, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $2.2 per square meter, picking up by 7.2% against the previous month. In general, import price indicated a mild expansion from February 2021 to February 2022: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes increased by +19.3% against October 2021 indices. The pace of growth appeared the most rapid in April 2021 an increase of 85% against the previous month. As a result, import price attained the peak level of $3.5 per square meter. From May 2021 to February 2022, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($6.9 per square meter), while the price for China ($1.8 per square meter) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Colombia (FOB) - 2022

In 2022, the average export price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $2.9 per square meter, which is down by -1.6% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 31%. Over the period under review, the average export prices attained the peak figure at $3.6 per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Mexico ($5.7 per square meter), while the average price for exports to Cuba ($0.4 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Colombia

In 2022, the amount of textile fabrics; impregnated, coated, covered or laminated with polyurethanes imported into Colombia rose significantly to 36M square meters, increasing by 13% on the previous year's figure. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 55%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes expanded sharply to $48M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.022.431.538.912.9%
Brazil2.21.63.93.112.1%
Spain1.91.52.31.8-1.8%
Others3.42.85.73.94.7%
Total34.628.343.447.711.3%

Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane to Colombia in 2022:

  1. China (33.3M square meters)
  2. Brazil (1.5M square meters)
  3. Spain (0.7M square meters)

Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Colombia

In 2022, the amount of textile fabrics; impregnated, coated, covered or laminated with polyurethanes exported from Colombia soared to 151K square meters, with an increase of 182% against 2021 figures. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 301% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes soared to $442K in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 330% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador12.018778.3245173.3%
Guatemala5.67.121.061.6122.4%
Mexico3.958.732.245.3126.5%
Peru17.414.310.431.521.9%
Cuba3.0N/A1.121.893.7%
Costa Rica16.610.710.113.9-5.7%
United StatesN/AN/A0.210.45100.0%
HondurasN/A1.40.84.375.3%
Others6.71.85.17.74.7%
Total65.228115944289.3%

Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane from Colombia in 2022:

  1. Ecuador (54.8K square meters)
  2. Cuba (52.9K square meters)
  3. Guatemala (13.8K square meters)
  4. Mexico (7.9K square meters)
  5. Peru (7.4K square meters)
  6. Honduras (4.5K square meters)
  7. United States (3.8K square meters)
  8. Costa Rica (3.3K square meters)

Source: IndexBox Market Intelligence Platform

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