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

Contents:

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

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

The average import price for wadding; other articles thereof, of cotta stood at $6,442 per ton in 2022, leveling off at the previous year. In general, the import price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 an increase of 9.3%. The import price peaked at $10,561 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Poland ($12,631 per ton), while the price for Canada ($2,247 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for wadding; other articles thereof, of cotta amounted to $7,179 per ton, falling by -34.5% against the previous year. Overall, the export price, however, recorded a slight expansion. The growth pace was the most rapid in 2014 an increase of 63% against the previous year. Over the period under review, the average export prices hit record highs at $14,158 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Ecuador ($13,991 per ton), while the average price for exports to the Netherlands ($3,265 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 the Dominican Republic (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of wadding; other articles thereof, of cotta into Colombia surged to 443 tons in 2022, with an increase of 60% against the previous year's figure. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wadding; other articles thereof, of cotta surged to $2.9M in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wadding; Other Articles Thereof, of Cotton in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9649291,2701,86624.6%
Netherlands0.267.4N/A4311191.7%
Brazil329142192254-8.3%
FranceN/A10729.11216.3%
Poland13369.0234114-5.0%
United States9.66.012.834.152.6%
CanadaN/AN/A7.430.5312.2%
Others10118.664.36.4-60.1%
Total1,5361,3391,8092,85723.0%

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

  1. China (303.9 tons)
  2. Netherlands (63.6 tons)
  3. France (22.3 tons)
  4. Brazil (20.7 tons)
  5. Canada (13.6 tons)
  6. United States (9.4 tons)
  7. Poland (9.0 tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of wadding; other articles thereof, of cotta, when their volume increased by 80% to 19 tons. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of wadding; other articles thereof, of cotta skyrocketed to $135K in 2022. Overall, exports, however, saw a abrupt contraction.

Export of Wadding; Other Articles Thereof, of Cotton in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador11768.566.070.0-15.7%
Panama41.328.447.841.50.2%
El Salvador17.115.9N/A8.7-20.2%
BoliviaN/AN/AN/A6.40%
Netherlands0.2N/AN/A3.8166.8%
GuatemalaN/AN/A0.83.3312.5%
RomaniaN/A39.8N/AN/A0%
Jamaica2.8N/AN/AN/A0%
Others17.02.60.11.2-58.7%
Total196155115135-11.7%

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

  1. Panama (8.8 tons)
  2. Ecuador (5.0 tons)
  3. Bolivia (1.5 tons)
  4. El Salvador (1.4 tons)
  5. Netherlands (1.2 tons)
  6. Guatemala (0.7 tons)

Source: IndexBox Market Intelligence Platform

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