Price for Woven Fabrics of Artificial Staple Fibres in Colombia - 2022
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Colombia (CIF) - 2022
- Price for Woven Fabrics of Artificial Staple Fibres in Colombia (FOB) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in Colombia
- Exports of Woven Fabrics of Artificial Staple Fibres in Colombia
Price for Woven Fabrics of Artificial Staple Fibres in Colombia (CIF) - 2022
The average import price for woven fabrics of artificial staple fibres stood at $1.3 per square meter in February 2022, shrinking by -8.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 31% against the previous month. The import price peaked at $1.7 per square meter in December 2021; however, from January 2022 to February 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Spain ($2.7 per square meter), while the price for China totaled $1.3 per square meter.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+1.3%).
Price for Woven Fabrics of Artificial Staple Fibres in Colombia (FOB) - 2022
In February 2022, the average export price for woven fabrics of artificial staple fibres amounted to $2.3 per square meter, which is down by -10.4% against the previous month. Overall, export price indicated notable growth from February 2021 to February 2022: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, export price for woven fabrics of artificial staple fibres decreased by -10.4% against January 2022 indices. The pace of growth appeared the most rapid in June 2021 when the average export price increased by 37% against the previous month. The export price peaked at $2.6 per square meter in January 2022, and then dropped in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($6.3 per square meter), while the average price for exports to Chile ($1.8 per square meter) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Artificial Staple Fibres in Colombia
In 2022, imports of woven fabrics of artificial staple fibres into Colombia dropped sharply to 5.8M square meters, with a decrease of -24.2% on the previous year's figure. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 94% against the previous year. As a result, imports attained the peak of 7.6M square meters, and then fell dramatically in the following year.
In value terms, imports of woven fabrics of artificial staple fibres declined remarkably to $45M in 2022. Over the period under review, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 98% against the previous year. As a result, imports reached the peak of $59M, and then declined rapidly in the following year.
| Import of Woven Fabrics of Artificial Staple Fibres in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 44.8 | 24.3 | 50.6 | 38.1 | -5.3% |
| Spain | 2.1 | 2.0 | 3.5 | 2.2 | 1.6% |
| Others | 5.8 | 3.6 | 5.2 | 4.3 | -9.5% |
| Total | 52.7 | 29.9 | 59.3 | 44.6 | -5.4% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Colombia in 2022:
- China (5.3M square meters)
- Spain (0.2M square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Colombia
In 2022, shipments abroad of woven fabrics of artificial staple fibres was finally on the rise to reach 8.4K square meters for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt decrease. Over the period under review, the exports of attained the maximum at 10K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of woven fabrics of artificial staple fibres stood at $104K in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports of hit record highs at $136K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Woven Fabrics of Artificial Staple Fibres in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 78.3 | 59.8 | 56.0 | 62.6 | -7.2% |
| Mexico | 22.7 | 12.7 | 17.4 | 19.4 | -5.1% |
| Peru | 19.4 | 7.7 | 6.5 | 9.1 | -22.3% |
| Costa Rica | 1.1 | 1.9 | 2.0 | 2.2 | 26.0% |
| Chile | 5.1 | 10.5 | 5.2 | 1.5 | -33.5% |
| Guatemala | 1.2 | 3.3 | 1.2 | 1.1 | -2.9% |
| South Africa | N/A | 6.2 | N/A | N/A | 0% |
| Others | 8.3 | 11.4 | 6.7 | 8.2 | -0.4% |
| Total | 136 | 114 | 94.9 | 104 | -8.6% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Colombia in 2022:
- Ecuador (5.5K square meters)
- Mexico (1.3K square meters)
- Peru (0.8K square meters)
- Costa Rica (0.2K square meters)
- Chile (0.1K square meters)
- Guatemala (0.1K square meters)
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