Price for Knitted or Crocheted Pile Fabrics in Ecuador - 2022
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Ecuador (CIF) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Ecuador (FOB) - 2022
- Imports of Knitted or Crocheted Pile Fabrics in Ecuador
- Exports of Knitted or Crocheted Pile Fabrics in Ecuador
Price for Knitted or Crocheted Pile Fabrics in Ecuador (CIF) - 2022
In 2022, the average import price for knitted or crocheted pile fabricses amounted to $3,320 per ton, waning by -2.8% against the previous year. In general, the import price recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2021 an increase of 8.5%. The import price peaked at $4,424 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Colombia ($7,214 per ton), while the price for China amounted to $2,867 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+21.3%), while the prices for the other major suppliers experienced a decline.
Price for Knitted or Crocheted Pile Fabrics in Ecuador (FOB) - 2022
In 2022, the average export price for knitted or crocheted pile fabricses amounted to $5,682 per ton, growing by 56% against the previous year. Overall, the export price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2013 an increase of 78%. As a result, the export price attained the peak level of $14,535 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +5.3% per year.
Imports of Knitted or Crocheted Pile Fabrics in Ecuador
In 2022, the amount of knitted or crocheted pile fabricses imported into Ecuador fell sharply to 2.9K tons, declining by -21.6% against 2021. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 76%. As a result, imports reached the peak of 3.7K tons, and then contracted significantly in the following year.
In value terms, knitted or crocheted pile fabrics imports contracted significantly to $9.6M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 91%. As a result, imports attained the peak of $13M, and then shrank remarkably in the following year.
| Import of Knitted or Crocheted Pile Fabrics in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 5.6 | 10.3 | 7.8 | 7.4% |
| Colombia | 0.9 | 0.7 | 1.7 | 1.3 | 13.0% |
| Others | 0.6 | 0.3 | 0.5 | 0.4 | -12.6% |
| Total | 7.9 | 6.6 | 12.5 | 9.6 | 6.7% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Ecuador in 2022:
- China (2.7K tons)
- Colombia (0.2K tons)
Exports of Knitted or Crocheted Pile Fabrics in Ecuador
In 2022, the amount of knitted or crocheted pile fabricses exported from Ecuador skyrocketed to 9.3 tons, growing by 16% compared with 2021 figures. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 29%. As a result, the exports reached the peak of 11 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, knitted or crocheted pile fabrics exports surged to $53K in 2022. In general, exports, however, saw a deep downturn.
| Export of Knitted or Crocheted Pile Fabrics in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 64.3 | 6.8 | 29.1 | 53.0 | -6.2% |
| Peru | N/A | 70.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 64.3 | 76.9 | 29.1 | 53.0 | -6.2% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Ecuador in 2022:
- Colombia (13.9 tons)
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