Colombia - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen Yarn Price in Colombia - 2022
Contents:
- Woolen Yarn Price in Colombia (CIF) - 2022
- Woolen Yarn Price in Colombia (FOB) - 2022
- Woolen Yarn Imports in Colombia
- Woolen Yarn Exports in Colombia
Woolen Yarn Price in Colombia (CIF) - 2022
In 2022, the average woolen yarn import price amounted to $24,225 per ton, rising by 19% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, woolen yarn import price decreased by -13.1% against 2020 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 25%. Over the period under review, average import prices reached the maximum at $27,877 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 the UK ($50,103 per ton), while the price for China ($10,196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Woolen Yarn Price in Colombia (FOB) - 2022
The average woolen yarn export price stood at $7,400 per ton in 2022, reducing by -17.2% against the previous year. In general, the export price showed a abrupt contraction. The growth pace was the most rapid in 2016 when the average export price increased by 724% against the previous year. As a result, the export price attained the peak level of $30,677 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
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 Guatemala ($28,500 per ton), while the average price for exports to Ecuador ($1,000 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 Panama (+133.9%), while the prices for the other major destinations experienced more modest paces of growth.
Woolen Yarn Imports in Colombia
In 2022, purchases abroad of yarn of wool decreased by -4.3% to 6.8 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 22%.
In value terms, woolen yarn imports expanded markedly to $164K in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 33% against the previous year. As a result, imports reached the peak of $184K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Woolen Yarn in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 16.7 | 71.2 | 37.4 | 54.5 | 48.3% |
Czech Republic | 27.3 | 6.7 | 15.1 | 20.9 | -8.5% |
China | 6.9 | 14.7 | 21.9 | 18.7 | 39.4% |
Italy | 2.1 | 10.4 | 10.8 | 13.1 | 84.1% |
Uruguay | 16.8 | 13.4 | 9.1 | 12.8 | -8.7% |
Ecuador | 15.4 | 18.4 | 7.9 | 9.3 | -15.5% |
Germany | 44.2 | 32.1 | 2.6 | 6.1 | -48.3% |
Others | 9.1 | 16.8 | 38.9 | 28.2 | 45.8% |
Total | 139 | 184 | 144 | 164 | 5.7% |
Top Suppliers of Woolen Yarn to Colombia in 2022:
- China (1837.0 kg)
- Peru (1506.0 kg)
- Czech Republic (638.0 kg)
- Italy (607.0 kg)
- Uruguay (433.0 kg)
- Ecuador (433.0 kg)
- Germany (162.0 kg)
Woolen Yarn Exports in Colombia
In 2022, approx. 45 kg of yarn of wool were exported from Colombia; leveling off at 2021. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 400% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, woolen yarn exports reduced remarkably to $333 in 2022. Over the period under review, exports posted buoyant growth. The growth pace was the most rapid in 2021 with an increase of 91%. As a result, the exports attained the peak of $402, and then dropped notably in the following year.
Export of Woolen Yarn in Colombia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 93.0 | 161 | 231 | 171 | 22.5% |
Sweden | 105 | N/A | N/A | 45.0 | -24.6% |
Turkey | N/A | N/A | 32.0 | 36.0 | 12.5% |
Chile | 4.0 | 6.0 | 10.0 | 6.0 | 14.5% |
Spain | N/A | N/A | N/A | 4.0 | 0% |
Costa Rica | 2.0 | 2.0 | 127 | 1.0 | -20.6% |
Ecuador | 1.0 | 2.0 | 2.0 | 1.0 | 0.0% |
Others | N/A | 39.0 | N/A | 69.0 | 33.0% |
Total | 205 | 210 | 402 | 333 | 17.6% |
Top Export Markets for Woolen Yarn from Colombia in 2022:
- Turkey (28.0 kg)
- Guatemala (6.0 kg)
- Sweden (2.0 kg)
- Chile (2.0 kg)
- Spain (1.0 kg)
- Ecuador (1.0 kg)
This report provides an in-depth analysis of the woolen yarn market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
- Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
- Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the woolen yarn market in Colombia.
This report provides an in-depth analysis of the global woolen yarn market.
This report provides an in-depth analysis of the woolen yarn market in Colombia.
This report provides an in-depth analysis of the global woolen yarn market.
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