Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Colombia - 2022

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Colombia (CIF) - 2022
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Colombia (FOB) - 2022
  3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Colombia
  4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Colombia

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Colombia (CIF) - 2022

In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $1,319 per ton, falling by -36.2% against the previous year. Overall, the import price saw a noticeable slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 59%. The import price peaked at $3,060 per ton in 2020; however, from 2021 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 Mexico ($5,718 per ton), while the price for China totaled $1,085 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.0%).

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Colombia (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $3,380 per ton in 2022, declining by -9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2014 an increase of 31% against the previous year. The export price peaked at $4,048 per ton in 2017; however, from 2018 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 Venezuela ($4,004 per ton), while the average price for exports to Cuba ($2,298 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 Venezuela (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Colombia

In 2022, approx. 11K tons of felt; whether or not impregnated, coated, covered or laminateds were imported into Colombia; with an increase of 979% against 2021. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds soared to $14M in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.51.01.611.295.5%
Others1.00.50.53.145.8%
Total2.51.52.114.278.4%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Colombia in 2022:

  1. China (10.3K tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Colombia

In 2022, after two years of decline, there was significant growth in overseas shipments of felt; whether or not impregnated, coated, covered or laminateds, when their volume increased by 66% to 198 tons. In general, exports, however, recorded a abrupt setback.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds skyrocketed to $669K in 2022. Over the period under review, exports, however, recorded a abrupt downturn.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VenezuelaN/AN/AN/A2870%
Ecuador2121481592343.3%
CubaN/AN/AN/A1410%
Panama1571.025.53.7-71.3%
Guatemala62.820.219.4N/A-44.4%
Costa Rica289525184N/A-20.2%
Honduras12999.444.8N/A-41.1%
Others64.91429.62.9-64.5%
Total914936442669-9.9%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Colombia in 2022:

  1. Venezuela (71.8 tons)
  2. Ecuador (63.3 tons)
  3. Cuba (61.4 tons)
  4. Panama (1.0 tons)

Source: IndexBox Market Intelligence Platform

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