Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ecuador - 2022

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ecuador (CIF) - 2022
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ecuador (FOB) - 2022
  3. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ecuador
  4. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ecuador

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ecuador (CIF) - 2022

The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $6.2 per square meter in 2022, declining by -2.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 40% against the previous year. As a result, import price reached the peak level of $6.4 per square meter, and then fell in the following year.

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 Italy ($11 per square meter), while the price for China ($2.8 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ecuador (FOB) - 2022

In 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $4.9 per square meter, increasing by 75% against the previous year. Over the period under review, the export price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2021 an increase of 151% against the previous year. The export price peaked at $9.3 per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($8.4 per square meter), while the average price for exports to the UK ($0.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ecuador

In 2022, supplies from abroad of woven fabrics of carded wool or of carded fine animal hair was finally on the rise to reach 105K square meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair skyrocketed to $656K in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy63.5N/A39.545092.1%
China18837.216.6158-5.6%
South KoreaN/AN/AN/A33.10%
United StatesN/A99.9N/AN/A0%
OthersN/A19.25.114.3-13.7%
Total25115661.265637.7%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Ecuador in 2022:

  1. China (57.0K square meters)
  2. Italy (40.3K square meters)
  3. South Korea (7.7K square meters)

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ecuador

In 2022, the amount of woven fabrics of carded wool or of carded fine animal hair exported from Ecuador skyrocketed to 2.7K square meters, growing by 169% on 2021 figures. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 233% against the previous year. As a result, the exports attained the peak of 2.7K square meters; afterwards, it flattened through to 2022.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair surged to $13K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.10.10.911.7389.1%
Panama0.22.90.20.644.2%
ItalyN/AN/AN/A0.40%
CanadaN/AN/A0.10.3200.0%
United Kingdom0.1N/A0.20.10.0%
ChinaN/AN/A1.4N/A0%
Netherlands2.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.33.12.813.258.7%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Ecuador in 2022:

  1. United States (1937.0 square meters)
  2. Panama (351.0 square meters)
  3. United Kingdom (273.0 square meters)
  4. Canada (62.0 square meters)
  5. Italy (52.0 square meters)

Source: IndexBox Market Intelligence Platform

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