Price for Embroidery; in the Piece, in Strips or in Motifs in Ecuador - 2022
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Ecuador (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Ecuador (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Ecuador
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Ecuador
Price for Embroidery; in the Piece, in Strips or in Motifs in Ecuador (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $6,331 per ton in 2022, growing by 5.9% against the previous year. Overall, the import price, however, showed a deep slump. The growth pace was the most rapid in 2013 an increase of 31% against the previous year. The import price peaked at $17,227 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Colombia ($7,812 per ton) and China ($6,139 per ton), while the price for Turkey ($5,406 per ton) and Thailand ($6,025 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.8%), while the prices for the other major suppliers experienced a decline.
Price for Embroidery; in the Piece, in Strips or in Motifs in Ecuador (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $3,889 per ton, falling by -72.1% against the previous year. In general, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 53%. Over the period under review, the average export prices attained the maximum at $22,513 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Panama.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +47.3% per year.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Ecuador
Imports of embroidery; in the piece, in strips or in motifses into Ecuador shrank remarkably to 153 tons in 2022, dropping by -30.8% on the previous year's figure. In general, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 265% against the previous year. As a result, imports reached the peak of 220 tons, and then fell dramatically in the following year.
In value terms, imports of embroidery; in the piece, in strips or in motifses contracted rapidly to $966K in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 153% against the previous year. As a result, imports attained the peak of $1.3M, and then shrank markedly in the following year.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 660 | 257 | 643 | 828 | 7.9% |
| Thailand | 102 | 66.5 | 151 | 77.3 | -8.8% |
| Turkey | 0.7 | 1.0 | 5.8 | 12.4 | 160.7% |
| Indonesia | 90.9 | 24.5 | 146 | N/A | 26.7% |
| Others | 110 | 171 | 372 | 48.6 | -23.8% |
| Total | 963 | 520 | 1,318 | 966 | 0.1% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Ecuador in 2022:
- China (134.8 tons)
- Thailand (12.8 tons)
- Turkey (2.3 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Ecuador
Exports of embroidery; in the piece, in strips or in motifses from Ecuador shrank dramatically to 18 kg in 2022, reducing by -41.9% compared with the previous year's figure. Over the period under review, exports saw a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 182% against the previous year.
In value terms, exports of embroidery; in the piece, in strips or in motifses contracted sharply to $70 in 2022. In general, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 332%.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 804 | 24.0 | 53.0 | 70.0 | -55.7% |
| Spain | 1,679 | 63.0 | 331 | N/A | -55.6% |
| Bahamas | 233 | N/A | N/A | N/A | 0% |
| Costa Rica | 12.0 | 1.0 | 2.0 | N/A | -59.2% |
| Sudan | 229 | 8.0 | 35.0 | N/A | -60.9% |
| United States | 18.0 | 1.0 | 1.0 | N/A | -76.4% |
| Others | 513 | 3.0 | 10.0 | N/A | -86.0% |
| Total | 3,488 | 100 | 432 | 70.0 | -72.8% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Ecuador in 2022:
- Panama (18.0 kg)
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