Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Ecuador - 2022

Contents:

  1. Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Ecuador (CIF) - 2022
  2. Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Ecuador (FOB) - 2022
  3. Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Ecuador
  4. Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Ecuador

Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Ecuador (CIF) - 2022

In 2022, the average import price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $36,791 per ton, picking up by 11% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 58%. Over the period under review, average import prices attained the peak figure at $40,239 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +0.5% per year.

Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Ecuador (FOB) - 2022

In 2022, the average export price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $18,667 per ton, rising by 211% against the previous year. Over the period under review, the export price, however, recorded a noticeable setback. The export price peaked at $27,000 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -11.6% per year.

Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Ecuador

In 2022, the amount of yarn; of fine animal hair, combed, not put up for retail sale imported into Ecuador skyrocketed to 10 tons, picking up by 22% against 2021. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 82% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale surged to $371K in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 84% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru21514927337119.9%
OthersN/AN/AN/AN/A0%
Total21514927337119.9%

Top Suppliers of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale to Ecuador in 2022:

  1. Peru (10.1 tons)

Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Ecuador

For the fourth year in a row, Ecuador recorded growth in shipments abroad of yarn; of fine animal hair, combed, not put up for retail sale, which increased by 50% to 3 kg in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale soared to $56 in 2022. In general, exports recorded a slight increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands54.033.01.056.01.2%
FranceN/AN/A11.0N/A0%
OthersN/AN/AN/AN/A0%
Total54.033.012.056.01.2%

Top Export Markets for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale from Ecuador in 2022:

  1. Netherlands (3.0 kg)

Source: IndexBox Market Intelligence Platform

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