Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Colombia - 2022

Contents:

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

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

In February 2022, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $9.1 per square meter, falling by -33.2% against the previous month. In general, the import price showed a mild curtailment. The growth pace was the most rapid in September 2021 an increase of 52% against the previous month. Over the period under review, average import prices hit record highs at $13.8 per square meter in October 2021; however, from November 2021 to February 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($19.0 per square meter), while the price for Turkey ($921 per thousand square meters) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for woven fabrics of combed wool or of combed fine animal hair amounted to $12 per square meter, with an increase of 8.2% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 82% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($16 per square meter), while the average price for exports to Panama ($3.8 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 Peru (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Colombia

In 2022, purchases abroad of woven fabrics of combed wool or of combed fine animal hair increased by 122% to 444K square meters for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a deep reduction. Imports peaked at 830K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $5.2M in 2022. Over the period under review, imports, however, faced a abrupt slump. Over the period under review, imports of attained the peak figure at $7.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3,0277781,0812,598-5.0%
China2,6619135841,632-15.0%
Peru584176251480-6.3%
SpainN/A2.422.0120607.1%
Mexico83.58.628.466.5-7.3%
Ecuador43517553.462.7-47.6%
Turkey6.711.310.451.397.1%
Bulgaria497N/AN/AN/A0%
Others37216667.5209-17.5%
Total7,6682,2312,0985,220-12.0%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Colombia in 2022:

  1. Italy (166.9K square meters)
  2. China (135.6K square meters)
  3. Peru (61.7K square meters)
  4. Turkey (26.8K square meters)
  5. Mexico (14.5K square meters)
  6. Spain (10.8K square meters)
  7. Ecuador (6.7K square meters)

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Colombia

In 2022, the amount of woven fabrics of combed wool or of combed fine animal hair exported from Colombia surged to 2.1K square meters, with an increase of 43% compared with the year before. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 112%. As a result, the exports reached the peak of 2.1K square meters; afterwards, it flattened through to 2022.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair soared to $26K in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.311.911.414.262.7%
ChileN/AN/AN/A7.60%
Peru0.8N/AN/A3.868.1%
PanamaN/AN/AN/A0.30%
BelgiumN/AN/A3.20.2-93.8%
VenezuelaN/A1.6N/AN/A0%
Germany4.6N/AN/AN/A0%
Others2.3N/A2.3N/A0.0%
Total10.913.616.926.033.6%

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

  1. United States (873.0 square meters)
  2. Chile (791.0 square meters)
  3. Peru (333.0 square meters)
  4. Panama (71.0 square meters)
  5. Belgium (21.0 square meters)

Source: IndexBox Market Intelligence Platform

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