Ecuador - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKnitted Fabric Price in Ecuador - 2022
Contents:
- Knitted Fabric Price in Ecuador (CIF) - 2022
- Knitted Fabric Price in Ecuador (FOB) - 2022
- Knitted Fabric Imports in Ecuador
- Knitted Fabric Exports in Ecuador
Knitted Fabric Price in Ecuador (CIF) - 2022
The average knitted fabric import price stood at $4,762 per ton in January 2022, declining by -3.3% against the previous month. In general, import price indicated a moderate expansion from January 2021 to January 2022: its price increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, knitted fabric import price decreased by -21.4% against November 2021 indices. The pace of growth appeared the most rapid in June 2021 when the average import price increased by 29% m-o-m. Over the period under review, average import prices hit record highs at $6,056 per ton in November 2021; however, from December 2021 to January 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Colombia ($12,534 per ton), while the price for China ($3,201 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Colombia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Knitted Fabric Price in Ecuador (FOB) - 2022
In 2022, the average knitted fabric export price amounted to $5,876 per ton, standing approx. at the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 34%. The export price peaked at $6,663 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($11,858 per ton), while the average price for exports to the United States ($1,909 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 Bolivia (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Knitted Fabric Imports in Ecuador
In 2022, approx. 25K tons of knitted or crocheted fabrics were imported into Ecuador; increasing by 7.7% on the year before. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, knitted fabric imports totaled $108M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Knitted Fabric in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.2 | 36.0 | 51.0 | 53.3 | 9.0% |
| Colombia | 29.9 | 21.8 | 39.5 | 40.0 | 10.2% |
| Peru | 9.0 | 5.1 | 8.7 | 9.2 | 0.7% |
| Others | 6.0 | 3.9 | 5.0 | 5.2 | -4.7% |
| Total | 86.0 | 66.7 | 104 | 108 | 7.9% |
Top Suppliers of Knitted Fabric to Ecuador in 2022:
- China (18.6K tons)
- Colombia (4.5K tons)
- Peru (1.1K tons)
Knitted Fabric Exports in Ecuador
Knitted fabric exports from Ecuador skyrocketed to 93 tons in 2022, rising by 21% compared with the year before. Overall, exports, however, recorded a abrupt descent.
In value terms, knitted fabric exports skyrocketed to $544K in 2022. In general, exports, however, showed a abrupt decline.
| Export of Knitted Fabric in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 620 | 100 | 264 | 376 | -15.4% |
| Peru | 58.8 | 279 | 112 | 101 | 19.8% |
| United States | 0.8 | 34.8 | 38.6 | 34.4 | 250.3% |
| Chile | 0.3 | 24.7 | 27.8 | 28.8 | 357.9% |
| Others | 60.5 | 7.7 | 5.2 | 3.8 | -60.2% |
| Total | 741 | 447 | 448 | 544 | -9.8% |
Top Export Markets for Knitted Fabric from Ecuador in 2022:
- Colombia (54.6 tons)
- United States (18.0 tons)
- Peru (17.4 tons)
- Chile (2.4 tons)
This report provides an in-depth analysis of the knitted fabric market in Ecuador. 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 13911100 - Pile fabrics, terry fabrics, knitted or crocheted
- Prodcom 13911910 - Knitted or crocheted fabrics (excluding pile fabrics)
Country coverage:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- 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
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