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

Contents:

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

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

In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $3,224 per ton, rising by 11% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wadding; other articles thereof, other than of cotton or man-made fibreses increased by +59.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 50% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 the United States ($3,666 per ton), while the price for Chile ($1,075 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), 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 Peru (FOB) - 2022

The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $2,337 per ton in 2022, waning by -15.8% against the previous year. In general, the export price saw a slight slump. The growth pace was the most rapid in 2016 when the average export price increased by 36% against the previous year. As a result, the export price attained the peak level of $6,647 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,553 per ton), while the average price for exports to Mexico ($391 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 United States (+5.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 115 tons of wadding; other articles thereof, other than of cotton or man-made fibreses were imported into Peru; dropping by -16.3% on the previous year's figure. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 478% against the previous year. As a result, imports attained the peak of 137 tons, and then declined notably in the following year.

In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses fell to $370K in 2022. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 452% against the previous year. As a result, imports attained the peak of $397K, and then shrank in the following year.

Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States35.215.3233341113.2%
Sri Lanka33.941.713813.9-25.7%
Spain29.711.519.611.2-27.8%
Germany14.2N/AN/AN/A0%
Others11.73.46.43.9-30.7%
Total12571.939737043.6%

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

  1. United States (93.0 tons)
  2. Sri Lanka (11.0 tons)
  3. Spain (9.8 tons)

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

In 2022, exports of wadding; other articles thereof, other than of cotton or man-made fibreses from Peru soared to 686 kg, picking up by 757% compared with the previous year's figure. Over the period under review, exports recorded significant growth. 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, other than of cotton or man-made fibreses surged to $1.6K in 2022. In general, exports, however, showed a perceptible setback.

Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Peru (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3582,0802161,4642.5%
MexicoN/AN/AN/A97.00%
Chile11855.01.039.0-30.9%
Bolivia3521263.02.0-82.2%
CanadaN/A1,050N/AN/A0%
Others34.013.02.01.0-69.1%
Total1,8623,3242221,603-4.9%

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

  1. United States (412.0 kg)
  2. Mexico (248.0 kg)
  3. Chile (23.0 kg)
  4. Bolivia (2.0 kg)

Source: IndexBox Market Intelligence Platform

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