Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Colombia - 2022

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Colombia (CIF) - 2022
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Colombia (FOB) - 2022
  3. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Colombia
  4. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Colombia

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Colombia (CIF) - 2022

In 2022, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $11 per square meter, waning by -31.2% against the previous year. Overall, the import price, however, enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2018 an increase of 78% against the previous year. As a result, import price reached the peak level of $18 per square meter. From 2019 to 2022, the average import prices remained at a somewhat 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 the UK ($55 per square meter), while the price for China ($3.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Colombia (FOB) - 2022

The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $9.9 per square meter in 2022, which is down by -3.6% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 68%. Over the period under review, the average export prices hit record highs at $22 per square meter in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($10 per square meter), while the average price for exports to Costa Rica ($1 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 Guatemala (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Colombia

In 2022, the amount of woven fabrics of carded wool or of carded fine animal hair imported into Colombia surged to 30K square meters, growing by 506% against 2021. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair skyrocketed to $337K in 2022. Over the period under review, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy88.08.918.013615.6%
South Korea35.920.526.288.234.9%
China58.51.67.134.9-15.8%
Spain18.37.87.324.510.2%
Bulgaria5.82.93.19.116.2%
Panama6.63.03.18.27.5%
Mexico3.11.00.63.10.0%
Others37.220.715.332.2-4.7%
Total25366.480.733710.0%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Colombia in 2022:

  1. China (9.4K square meters)
  2. Italy (8.5K square meters)
  3. South Korea (6.1K square meters)
  4. Spain (1.9K square meters)
  5. Bulgaria (1.1K square meters)
  6. Mexico (0.6K square meters)
  7. Panama (0.6K square meters)

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Colombia

For the fourth consecutive year, Colombia recorded growth in overseas shipments of woven fabrics of carded wool or of carded fine animal hair, which increased by 53% to 375 square meters in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair surged to $3.7K in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala3.22.82.53.64.0%
Others0.10.10.10.10.0%
Total3.32.92.53.73.9%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Colombia in 2022:

  1. Guatemala (359.0 square meters)

Source: IndexBox Market Intelligence Platform

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