Price for Tents of Synthetic Fibres in Ecuador - 2022

Contents:

1. Price for Tents of Synthetic Fibres in Ecuador (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Ecuador (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Ecuador
4. Exports of Tents of Synthetic Fibres in Ecuador

Price for Tents of Synthetic Fibres in Ecuador (CIF) - 2022

The average tents of synthetic fibres import price stood at $9,006 per ton in 2022, increasing by 35% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 38% against the previous year. As a result, import price attained the peak level of $10,501 per ton. From 2016 to 2022, the average 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 Canada ($13,018 per ton), while the price for China ($7,451 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tents of Synthetic Fibres in Ecuador (FOB) - 2022

In 2022, the average tents of synthetic fibres export price amounted to $6,919 per ton, jumping by 90% against the previous year. Over the period under review, the export price continues to indicate a mild expansion. Over the period under review, the average export prices reached the peak figure at $13,894 per ton in 2016; however, from 2017 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 the United States ($39,542 per ton), while the average price for exports to Guatemala stood at $1,664 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+5.4%).

Imports of Tents of Synthetic Fibres in Ecuador

In 2022, after three years of growth, there was significant decline in overseas purchases of tents of synthetic fibreses, when their volume decreased by -79.5% to 75 tons. Overall, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 14%.

In value terms, tents of synthetic fibres imports dropped dramatically to $676K in 2022. In general, imports faced a dramatic decline. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. As a result, imports reached the peak of $2.6M. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Tents of Synthetic Fibres to Ecuador in 2022:

1. China (56.3 tons)
2. Bangladesh (6.1 tons)
3. United States (3.1 tons)
4. Colombia (2.8 tons)
5. Thailand (2.4 tons)
6. Canada (2.2 tons)

Exports of Tents of Synthetic Fibres in Ecuador

In 2022, exports of tents of synthetic fibreses from Ecuador surged to 173 kg, growing by 84% compared with 2021. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tents of synthetic fibres exports skyrocketed to $1.2K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tents of Synthetic Fibres from Ecuador in 2022:

1. Guatemala (149.0 kg)
2. United States (24.0 kg)

Source: IndexBox Market Intelligence Platform