Price for Embroidery; in the Piece, in Strips or in Motifs in Colombia - 2022
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Colombia (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Colombia (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Colombia
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Colombia
Price for Embroidery; in the Piece, in Strips or in Motifs in Colombia (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $14,481 per ton in 2022, with an increase of 2.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 32%. Over the period under review, average import prices hit record highs at $14,802 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($13,830 per ton), while the price for Taiwan (Chinese) amounted to $9,824 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%).
Price for Embroidery; in the Piece, in Strips or in Motifs in Colombia (FOB) - 2022
The average export price for embroidery; in the piece, in strips or in motifses stood at $22,854 per ton in 2022, declining by -8.1% against the previous year. In general, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for embroidery; in the piece, in strips or in motifses increased by +12.5% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 52%. The export price peaked at $29,987 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($35,817 per ton), while the average price for exports to Panama ($9,572 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 Peru (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Colombia
In 2022, approx. 559 tons of embroidery; in the piece, in strips or in motifses were imported into Colombia; picking up by 45% on the previous year's figure. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 50% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of embroidery; in the piece, in strips or in motifses skyrocketed to $8.1M in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. Over the period under review, imports of embroidery; in piece, in strips or in motifses reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 3.2 | 5.1 | 7.4 | 26.0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.3 | 0.1 | 0.4 | 0.6 | 26.0% |
| Total | 3.9 | 3.4 | 5.4 | 8.1 | 27.6% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Colombia in 2022:
- China (533.0 tons)
- Taiwan (Chinese) (16.4 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Colombia
In 2022, after two years of decline, there was significant growth in shipments abroad of embroidery; in the piece, in strips or in motifses, when their volume increased by 1,156% to 3.6 tons. Over the period under review, exports, however, faced a deep setback.
In value terms, exports of embroidery; in the piece, in strips or in motifses skyrocketed to $83K in 2022. Overall, exports, however, faced a abrupt downturn.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 84.6 | 11.1 | 7.0 | 52.3 | -14.8% |
| Ecuador | 23.0 | 0.7 | 0.2 | 27.3 | 5.9% |
| Panama | 0.4 | N/A | N/A | 2.5 | 84.2% |
| Italy | 14.4 | N/A | N/A | N/A | 0% |
| Others | 4.9 | 0.5 | N/A | 1.1 | -39.2% |
| Total | 127 | 12.3 | 7.2 | 83.2 | -13.1% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Colombia in 2022:
- Ecuador (1858.0 kg)
- Mexico (1461.0 kg)
- Panama (257.0 kg)
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In value terms, embroidery imports amounted to $X in 2016. In general, embroidery imports continue to indicate a significant deduction. Over the period under review, global embroidery imports reach...
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