Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Colombia - 2022

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Colombia (CIF) - 2022
2. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Colombia (FOB) - 2022
3. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Colombia
4. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Colombia

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Colombia (CIF) - 2022

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $2,259 per ton in 2022, with an increase of 8.6% against the previous year. In general, the import price enjoyed notable growth. The most prominent rate of growth was recorded in 2017 an increase of 63%. The import price peaked in 2022 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +2.8% per year.

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Colombia (FOB) - 2022

The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $375 per ton in 2022, waning by -15.3% against the previous year. Over the period under review, the export price saw a perceptible decline. The most prominent rate of growth was recorded in 2014 an increase of 346%. As a result, the export price reached the peak level of $2,702 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($560 per ton), while the average price for exports to Venezuela totaled $349 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (-3.7%).

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Colombia

For the fourth year in a row, Colombia recorded growth in supplies from abroad of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses, which increased by 20% to 35 tons in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 98% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses surged to $80K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 137%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Colombia in 2022:

1. Spain (35.2 tons)

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Colombia

In 2022, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses from Colombia surged to 137 tons, picking up by 578% compared with the previous year's figure. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses skyrocketed to $51K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres from Colombia in 2022:

1. Venezuela (120.4 tons)
2. Mexico (16.9 tons)

Source: IndexBox Market Intelligence Platform