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

Contents:

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

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

In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $6,469 per ton, growing by 26% against the previous year. Overall, the import price, however, saw a pronounced curtailment. The import price peaked at $11,424 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 Thailand ($17,996 per ton), while the price for China ($1,530 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+23.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for wadding; other articles thereof, of man-made fibreses stood at $3,453 per ton in 2022, growing by 24% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 29%. Over the period under review, the average export prices attained the maximum at $16,882 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 Panama amounted to -8.4% per year.

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

In 2022, approx. 30 tons of wadding; other articles thereof, of man-made fibreses were imported into Ecuador; surging by 7.9% against the previous year. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wadding; other articles thereof, of man-made fibreses soared to $195K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 +65.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States27.771.070.910656.4%
Thailand3.610.013.040.5124.1%
Colombia33.213.312.731.8-1.4%
China24.02.422.716.9-11.0%
Mexico4.13.95.4N/A14.8%
Italy8.92.36.9N/A-11.9%
Others18.915.112.10.4-72.3%
Total12011814419517.6%

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

  1. United States (13.0 tons)
  2. China (11.0 tons)
  3. Colombia (3.9 tons)
  4. Thailand (2.3 tons)

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

In 2022, overseas shipments of wadding; other articles thereof, of man-made fibreses decreased by -37.1% to 2.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 101%. As a result, the exports reached the peak of 3.6 tons, and then shrank significantly in the following year.

In value terms, exports of wadding; other articles thereof, of man-made fibreses declined notably to $7.8K in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 98%. As a result, the exports attained the peak of $10K, and then shrank markedly in the following year.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia1.51.03.57.873.2%
Venezuela2.21.62.2N/A0.0%
Panama2.92.54.2N/A20.3%
OthersN/AN/A0.1N/A0%
Total6.65.110.17.85.7%

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

  1. Colombia (2.3 tons)

Source: IndexBox Market Intelligence Platform

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