Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Colombia - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Colombia (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Colombia (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Colombia
  4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Colombia

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Colombia (CIF) - 2022

The average import price for wadding; other articles thereof, of man-made fibreses stood at $6,630 per ton in 2022, growing by 20% against the previous year. In general, the import price, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2019 an increase of 32%. The import price peaked at $17,604 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($193,645 per ton), while the price for Chile ($4,629 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+37.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Colombia (FOB) - 2022

The average export price for wadding; other articles thereof, of man-made fibreses stood at $18,839 per ton in 2022, picking up by 302% against the previous year. Over the period under review, the export price showed a temperate increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($24,531 per ton), while the average price for exports to Panama ($4,983 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 Panama (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Colombia

In 2022, the amount of wadding; other articles thereof, of man-made fibreses imported into Colombia declined to 181 tons, waning by -14.4% against the previous year's figure. Over the period under review, imports, however, recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of 101%. As a result, imports reached the peak of 211 tons, and then declined in the following year.

In value terms, imports of wadding; other articles thereof, of man-made fibreses totaled $1.2M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 +81.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 78%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China46049197980120.3%
United States14.276.0113156122.3%
Chile10330.22.83.4-67.9%
PeruN/A49.029.9N/A-39.0%
Brazil1640.4N/AN/A-99.8%
Others86.512.446.623940.3%
Total8286591,1711,19913.1%

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Colombia in 2022:

  1. China (152.5 tons)
  2. United States (22.9 tons)
  3. Chile (0.7 tons)

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Colombia

Exports of wadding; other articles thereof, of man-made fibreses from Colombia shrank notably to 8.3 tons in 2022, declining by -19.1% compared with the year before. In general, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 344% against the previous year. As a result, the exports attained the peak of 10 tons, and then shrank markedly in the following year.

In value terms, exports of wadding; other articles thereof, of man-made fibreses surged to $157K in 2022. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 266% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/AN/A1270%
Ecuador4.812.411.427.178.1%
Mexico33.40.51.51.5-64.5%
PanamaN/AN/A5.71.4-75.4%
Venezuela0.6N/A17.5N/A440.1%
ChileN/AN/A3.8N/A0%
Equatorial GuineaN/AN/A8.5N/A0%
Brazil4.6N/AN/AN/A0%
OthersN/A0.2N/A0.322.5%
Total43.513.248.415753.4%

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Colombia in 2022:

  1. Peru (5.2 tons)
  2. Ecuador (2.7 tons)
  3. Panama (0.3 tons)
  4. Mexico (0.1 tons)

Source: IndexBox Market Intelligence Platform

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