Price for Wadding; Other Articles Thereof, of Cotton in Chile - 2024

Contents:

1. Price for Wadding; Other Articles Thereof, of Cotton in Chile (CIF) - 2022
2. Price for Wadding; Other Articles Thereof, of Cotton in Chile (FOB) - 2022
3. Imports of Wadding; Other Articles Thereof, of Cotton in Chile
4. Exports of Wadding; Other Articles Thereof, of Cotton in Chile

Price for Wadding; Other Articles Thereof, of Cotton in Chile (CIF) - 2022

In 2022, the average import price for wadding; other articles thereof, of cotta amounted to $4,082 per ton, with a decrease of -6.6% against the previous year. In general, the import price continues to indicate a slight slump. The growth pace was the most rapid in 2019 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs at $5,201 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($7,885 per ton), while the price for India ($2,495 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Cotton in Chile (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, of cotta amounted to $8,000 per ton, picking up by 16% against the previous year. Over the period under review, the export price recorded a modest expansion. The pace of growth appeared the most rapid in 2019 an increase of 55%. As a result, the export price attained the peak level of $9,505 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Bolivia ($9,495 per ton) and Peru ($8,773 per ton), while the average price for exports to Uruguay ($6,415 per ton) and Paraguay ($6,692 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, of Cotton in Chile

In 2022, approx. 1.8K tons of wadding; other articles thereof, of cotta were imported into Chile; picking up by 7.5% against 2021 figures. In general, total imports indicated a resilient increase from 2019 to 2022: its volume 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, imports increased by +54.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of wadding; other articles thereof, of cotta totaled $7.2M in 2022. The total import value increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 28%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Chile in 2022:

1. China (1415.1 tons)
2. Mexico (90.1 tons)
3. Peru (70.5 tons)
4. Thailand (63.0 tons)
5. Turkey (56.0 tons)
6. Argentina (26.1 tons)

Exports of Wadding; Other Articles Thereof, of Cotton in Chile

In 2022, shipments abroad of wadding; other articles thereof, of cotta decreased by -41.2% to 15 tons, falling for the second year in a row after two years of growth. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 90,279% against the previous year. As a result, the exports attained the peak of 97 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wadding; other articles thereof, of cotta reduced markedly to $122K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 56,303%. As a result, the exports reached the peak of $574K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Chile in 2022:

1. Bolivia (5.6 tons)
2. Paraguay (5.0 tons)
3. Uruguay (2.4 tons)
4. Peru (2.1 tons)
5. Mexico (0.1 tons)

Source: IndexBox Market Intelligence Platform