Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ecuador - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ecuador (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ecuador (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ecuador
  4. Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ecuador

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ecuador (CIF) - 2022

In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $4,320 per ton, shrinking by -9% against the previous year. Over the period under review, the import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 21%. The import price peaked at $6,392 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Spain ($15,071 per ton), while the price for Israel ($2,568 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+3.8%), while the prices for the other major suppliers experienced a decline.

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ecuador (FOB) - 2022

The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $3,250 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price continues to indicate a dramatic curtailment. The growth pace was the most rapid in 2017 an increase of 1.9%. As a result, the export price attained the peak level of $22,000 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

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

From 2016 to 2022, the rate of growth in terms of prices for Oman amounted to 0.0% per year.

Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ecuador

Imports of wadding; other articles thereof, other than of cotton or man-made fibreses into Ecuador rose slightly to 4.3 tons in 2022, surging by 2.7% against 2021 figures. In general, imports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. As a result, imports reached the peak of 15 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses reduced to $18K in 2022. Overall, imports, however, saw a deep setback. The growth pace was the most rapid in 2020 with an increase of 115% against the previous year. As a result, imports attained the peak of $73K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel17.420.010.78.1-22.5%
China3.825.93.83.80.0%
Spain5.88.71.52.1-28.7%
Others6.818.13.84.5-12.9%
Total33.872.819.718.4-18.3%

Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Ecuador in 2022:

  1. Israel (3.1 tons)
  2. China (0.9 tons)
  3. Spain (0.1 tons)

Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ecuador

After two years of decline, overseas shipments of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by 0% to 4 kg in 2022. In general, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $13 in 2022. Over the period under review, exports continue to indicate a sharp descent. The smallest decline of 99.9% was in 2020.

Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PanamaN/AN/AN/A13.00%
Sao Tome and Principe35.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total35.0N/AN/A13.0-28.1%

Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Ecuador in 2022:

  1. Panama (4.0 kg)

Source: IndexBox Market Intelligence Platform

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