Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Colombia - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Colombia (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Colombia (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Colombia
- Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Colombia
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Colombia (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $8,867 per ton, increasing by 21% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $10,174 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($9,934 per ton), while the price for China ($8,228 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Colombia (FOB) - 2022
The average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $7,972 per ton in 2022, increasing by 24% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +4.0% per year.
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Colombia
In 2022, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted into Colombia soared to 74 tons, picking up by 25% against the previous year's figure. In general, imports showed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted skyrocketed to $656K in 2022. Over the period under review, imports posted a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 75% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 166 | 84.7 | 169 | 281 | 19.2% |
| Peru | 51.1 | 6.8 | 98.9 | 246 | 68.9% |
| Spain | 151 | 117 | 144 | 129 | -5.1% |
| Others | 24.5 | 38.9 | 22.9 | N/A | -3.3% |
| Total | 393 | 248 | 435 | 656 | 18.6% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Colombia in 2022:
- China (34.2 tons)
- Peru (26.8 tons)
- Spain (13.0 tons)
Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Colombia
In 2022, the amount of fabrics; looped pile fabrics, of cotton, knitted or crocheted exported from Colombia dropped dramatically to 8.5 tons, which is down by -29.1% compared with the previous year. In general, exports showed a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 9%.
In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted shrank to $68K in 2022. Overall, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 12%.
| Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 176 | 19.0 | 21.9 | 67.6 | -27.3% |
| Venezuela | 78.1 | 46.3 | 51.5 | N/A | -18.8% |
| Dominican Republic | 6.0 | 3.1 | 2.4 | N/A | -36.8% |
| Others | 7.9 | 0.1 | 0.9 | N/A | -66.2% |
| Total | 268 | 68.5 | 76.7 | 67.6 | -36.8% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Colombia in 2022:
- Ecuador (8.5 tons)
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