Price for Woven Fabrics of Artificial Staple Fibres in Chile - 2023

Contents:

  1. Price for Woven Fabrics of Artificial Staple Fibres in Chile (CIF) - 2023
  2. Price for Woven Fabrics of Artificial Staple Fibres in Chile (FOB) - 2022
  3. Imports of Woven Fabrics of Artificial Staple Fibres in Chile
  4. Exports of Woven Fabrics of Artificial Staple Fibres in Chile

Price for Woven Fabrics of Artificial Staple Fibres in Chile (CIF) - 2023

In November 2023, the average import price for woven fabrics of artificial staple fibres amounted to $272 per thousand square meters, falling by -34.9% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2023 an increase of 89% m-o-m. As a result, import price reached the peak level of $0.4 per square meter, and then contracted remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was India ($496 per thousand square meters), while the price for China ($249 per thousand square meters) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Woven Fabrics of Artificial Staple Fibres in Chile (FOB) - 2022

In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $20 per square meter, rising by 5% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 23%. The export price peaked at $23 per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($37 per square meter), while the average price for exports to Peru ($18 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Woven Fabrics of Artificial Staple Fibres in Chile

In 2022, approx. 3.6M square meters of woven fabrics of artificial staple fibres were imported into Chile; reducing by -13% on 2021 figures. In general, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 173%. As a result, imports reached the peak of 4.2M square meters, and then dropped in the following year.

In value terms, imports of woven fabrics of artificial staple fibres declined to $50M in 2022. Over the period under review, imports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. Over the period under review, imports of hit record highs at $108M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Woven Fabrics of Artificial Staple Fibres in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10218.933.936.2-29.2%
India4.06.814.18.528.6%
Pakistan0.61.22.72.356.5%
Taiwan (Chinese)0.11.40.70.9108.0%
Spain0.70.20.10.3-24.6%
Others0.80.70.81.420.5%
Total10829.252.349.6-22.8%

Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Chile in 2022:

  1. China (1688.7K square meters)
  2. India (1306.5K square meters)
  3. Pakistan (410.0K square meters)
  4. Taiwan (Chinese) (74.8K square meters)
  5. Spain (51.2K square meters)

Exports of Woven Fabrics of Artificial Staple Fibres in Chile

In 2022, approx. 1.4M square meters of woven fabrics of artificial staple fibres were exported from Chile; growing by 13% against 2021. Overall, total exports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of woven fabrics of artificial staple fibres skyrocketed to $29M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +99.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 68%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Woven Fabrics of Artificial Staple Fibres in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia17.911.917.917.8-0.2%
Peru1.40.53.66.163.3%
ColombiaN/AN/AN/A2.60%
Paraguay5.31.91.51.4-35.8%
OthersN/AN/A1.10.7-36.4%
Total24.714.424.228.75.1%

Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Chile in 2022:

  1. Bolivia (915.4K square meters)
  2. Peru (334.2K square meters)
  3. Paraguay (78.0K square meters)
  4. Colombia (69.8K square meters)

Source: IndexBox Market Intelligence Platform

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