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

Contents:

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

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

In 2022, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $1.7 per square meter, with an increase of 26% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 35%. The import price peaked at $2.4 per square meter in 2016; however, from 2017 to 2022, import prices stood 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 India ($4.2 per square meter), while the price for Taiwan (Chinese) ($0.8 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Ecuador (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, declining by -83.4% against the previous year. In general, the export price recorded a abrupt setback. The growth pace was the most rapid in 2021 when the average export price increased by 1,683% against the previous year. As a result, the export price attained the peak level of $9.5 per square meter, and then dropped rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +38.9% per year.

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

In 2022, the amount of textile fabrics, rubberised; other than those of heading no. 5902s imported into Ecuador rose markedly to 563K square meters, increasing by 5.2% on 2021 figures. Overall, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Imports peaked at 725K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s soared to $939K in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Ecuador in 2022:

1. Taiwan (Chinese) (243.1K square meters)
2. China (219.2K square meters)
3. United States (68.4K square meters)
4. India (17.4K square meters)
5. Brazil (6.4K square meters)

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

In 2022, exports of textile fabrics, rubberised; other than those of heading no. 5902s from Ecuador skyrocketed to 1.4K square meters, jumping by 229% on 2021 figures. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 614% against the previous year. As a result, the exports reached the peak of 4.4K square meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s contracted rapidly to $2.3K in 2022. Over the period under review, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 80%. As a result, the exports reached the peak of $4.2K, and then declined significantly in the following year.

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

1. Panama (1.4K square meters)

Source: IndexBox Market Intelligence Platform