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

Contents:

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

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

The average import price for wadding; other articles thereof, of man-made fibreses stood at $8,370 per ton in 2022, increasing by 35% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,391 per ton), while the price for Chile ($2,727 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for wadding; other articles thereof, of man-made fibreses stood at $3,506 per ton in 2022, falling by -56.3% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices hit record highs at $12,532 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($5,200 per ton), while the average price for exports to Mexico totaled $3,478 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+60.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth year in a row, Peru recorded growth in overseas purchases of wadding; other articles thereof, of man-made fibreses, which increased by 11% to 388 tons in 2022. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 $3.2M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.4% 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 +74.4% against 2019 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 Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,1581,0461,4071,94919.0%
China1135493581,136115.8%
Chile47738230326.7-61.7%
Others11484.297.31366.1%
Total1,8622,0612,1653,24820.4%

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

  1. China (199.8 tons)
  2. United States (171.1 tons)
  3. Chile (9.8 tons)

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

In 2022, shipments abroad of wadding; other articles thereof, of man-made fibreses decreased by -34.1% to 2.5 tons, falling for the second consecutive year after two years of growth. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 653%. As a result, the exports reached the peak of 5 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of wadding; other articles thereof, of man-made fibreses shrank dramatically to $8.7K in 2022. Overall, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2020 when exports increased by 821% against the previous year. As a result, the exports reached the peak of $49K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A8.50%
Chile0.81.9N/A0.2-37.0%
Ecuador0.94.23.1N/A85.6%
Bolivia3.52.18.3N/A54.0%
ColombiaN/A41.018.6N/A-54.6%
Others0.2N/A0.1N/A-29.3%
Total5.349.230.18.718.0%

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

  1. Mexico (2.4 tons)

Source: IndexBox Market Intelligence Platform

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