Horsehair Price in Bolivia - 2023

Contents:

1. Horsehair Price in Bolivia (CIF) - 2022
2. Horsehair Price in Bolivia (FOB) - 2022
3. Horsehair Imports in Bolivia
4. Horsehair Exports in Bolivia

Horsehair Price in Bolivia (CIF) - 2022

In 2022, the average horsehair import price amounted to $21,007 per ton, declining by -2.6% against the previous year. Over the period under review, the import price, however, enjoyed a notable expansion. The most prominent rate of growth was recorded in 2020 an increase of 117%. The import price peaked at $23,988 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Belgium ($78,732 per ton), while the price for Peru ($6,078 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.8%), while the prices for the other major suppliers experienced a decline.

Horsehair Price in Bolivia (FOB) - 2022

The average horsehair export price stood at $11,896 per ton in 2022, with a decrease of -92.2% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 603% against the previous year. Over the period under review, the average export prices hit record highs at $151,724 per ton in 2021, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($907,895 per ton), while the average price for exports to China totaled $8,589 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Horsehair Imports in Bolivia

In 2022, approx. 187 tons of horsehair were imported into Bolivia; rising by 116% against the year before. Overall, imports, however, saw a drastic downturn.

In value terms, horsehair imports surged to $3.9M in 2022. Over the period under review, imports saw measured growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Horsehair to Bolivia in 2022:

1. Peru (107.4 tons)
2. Czech Republic (27.5 tons)
3. China (24.6 tons)
4. Spain (15.7 tons)
5. Portugal (6.5 tons)
6. Belgium (5.8 tons)

Horsehair Exports in Bolivia

In 2022, the amount of horsehair exported from Bolivia soared to 22 tons, jumping by 294% on the year before. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 321%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, horsehair exports reduced markedly to $256K in 2022. In general, exports, however, showed a sharp descent. The pace of growth was the most pronounced in 2021 when exports increased by 409% against the previous year.

Top Export Markets for Horsehair from Bolivia in 2022:

1. China (21.4 tons)
2. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform