Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Colombia - 2022

Contents:

1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Colombia (CIF) - 2022
2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Colombia (FOB) - 2022
3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Colombia
4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Colombia

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Colombia (CIF) - 2022

The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $2.1 per square meter in February 2022, dropping by -35.7% against the previous month. Over the period under review, import price indicated a temperate expansion from February 2021 to February 2022: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for textile fabrics, rubberised; other than those of heading no. 5902s decreased by -35.7% against January 2022 indices. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 47% m-o-m. As a result, import price reached the peak level of $3.2 per square meter, and then dropped notably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Germany ($4.6 per square meter), while the price for the United States ($1.5 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 Brazil (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Colombia (FOB) - 2022

In 2022, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $1.6 per square meter, growing by 31% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2.3 per square meter), while the average price for exports to India ($0.2 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 India (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Colombia

In 2022, the amount of textile fabrics, rubberised; other than those of heading no. 5902s imported into Colombia skyrocketed to 1.9M square meters, rising by 62% on the previous year. Overall, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s surged to $3.2M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.4% 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 +61.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Colombia in 2022:

1. China (1215.1K square meters)
2. Germany (232.2K square meters)
3. Belgium (190.8K square meters)
4. Brazil (95.7K square meters)
5. United States (78.8K square meters)
6. Taiwan (Chinese) (34.3K square meters)

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Colombia

Exports of textile fabrics, rubberised; other than those of heading no. 5902s from Colombia stood at 1.7M square meters in 2022, approximately reflecting the year before. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 9.4% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s surged to $2.8M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Colombia in 2022:

1. Chile (1185.7K square meters)
2. Brazil (313.6K square meters)
3. India (68.8K square meters)
4. United States (49.7K square meters)

Source: IndexBox Market Intelligence Platform