Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ecuador - 2022

Contents:

1. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ecuador (FOB) - 2022
2. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ecuador (CIF) - 2022
3. Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ecuador
4. Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ecuador

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ecuador (FOB) - 2022

In 2022, the average export price for twine, cordage or rope; knotted netting, of other than man-made textileses amounted to $2,094 per ton, shrinking by -40.1% against the previous year. Overall, the export price saw a abrupt downturn. The growth pace was the most rapid in 2013 when the average export price increased by 49%. Over the period under review, the average export prices attained the maximum at $6,750 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,114 per ton), while the average price for exports to South Korea ($450 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 Spain (-0.6%), while the prices for the other major destinations experienced a decline.

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ecuador (CIF) - 2022

The average import price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $4,559 per ton in 2022, growing by 28% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 38% against the previous year. As a result, import price reached the peak level of $6,494 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($16,594 per ton), while the price for China ($2,939 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ecuador

For the fourth year in a row, Ecuador recorded growth in overseas shipments of twine, cordage or rope; knotted netting, of other than man-made textileses, which increased by 5,634% to 830 tons in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses skyrocketed to $1.7M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from Ecuador in 2022:

1. South Korea (23.0 tons)
2. Panama (13.8 tons)
3. United States (11.0 tons)
4. Peru (4.1 tons)

Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ecuador

In 2022, imports of twine, cordage or rope; knotted netting, of other than man-made textileses into Ecuador reduced sharply to 43 tons, shrinking by -58.4% against the year before. Overall, imports saw a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 684%.

In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses fell significantly to $196K in 2022. Over the period under review, imports recorded a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 416% against the previous year.

Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to Ecuador in 2022:

1. China (31.9 tons)
2. Peru (7.3 tons)
3. Spain (1.8 tons)
4. United States (1.1 tons)

Source: IndexBox Market Intelligence Platform