Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ecuador - 2022

Contents:

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

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

In 2022, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $4.8 per square meter, rising by 14% against the previous year. Over the period under review, the import price, however, showed a abrupt slump. The pace of growth was the most pronounced in 2015 when the average import price increased by 55% against the previous year. The import price peaked at $11 per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($9.2 per square meter), while the price for China ($1.9 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-3.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $8.7 per square meter in 2022, surging by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 ($8.9 per square meter), while the average price for exports to the United States ($5.7 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 (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ecuador

In 2022, overseas purchases of woven fabrics of combed wool or of combed fine animal hair were finally on the rise to reach 35K square meters after two years of decline. Overall, imports, however, showed a deep reduction. Over the period under review, imports of attained the maximum at 64K square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair soared to $169K in 2022. Over the period under review, imports, however, recorded a significant curtailment. Over the period under review, imports of attained the peak figure at $594K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy24113812.063.7-35.8%
Peru26017.9N/A48.1-43.0%
China72.51.817.931.4-24.3%
IndiaN/AN/AN/A14.40%
United States1.20.320.81.814.5%
GermanyN/A15.2N/AN/A0%
Brazil18.430.4N/AN/A65.2%
OthersN/AN/A1.69.5493.8%
Total59420452.4169-34.2%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Ecuador in 2022:

  1. China (16.6K square meters)
  2. Italy (8.6K square meters)
  3. Peru (5.2K square meters)
  4. India (4.2K square meters)
  5. United States (0.2K square meters)

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ecuador

In 2022, after two years of decline, there was significant growth in overseas shipments of woven fabrics of combed wool or of combed fine animal hair, when their volume increased by 111% to 7.3K square meters. Over the period under review, exports, however, showed a precipitous descent. Over the period under review, the exports of reached the peak figure at 56K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $64K in 2022. Overall, exports, however, recorded a dramatic decrease. Over the period under review, the exports of reached the peak figure at $414K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia41119122.759.7-47.4%
Peru0.920.2N/A3.151.0%
United StatesN/AN/AN/A1.00%
Others2.6N/A2.4N/A-3.9%
Total41421225.163.8-46.4%

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

  1. Colombia (6.7K square meters)
  2. Peru (0.4K square meters)
  3. United States (0.2K square meters)

Source: IndexBox Market Intelligence Platform

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