Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ecuador - 2022

Contents:

  1. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ecuador (CIF) - 2022
  2. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ecuador (FOB) - 2022
  3. Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Ecuador
  4. Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Ecuador

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ecuador (CIF) - 2022

In 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $5,165 per ton, shrinking by -2.5% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of 39% against the previous year. As a result, import price attained the peak level of $24,792 per ton. From 2016 to 2022, the average 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 ($21,166 per ton), while the price for China ($889 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+26.4%), while the prices for the other major suppliers experienced a decline.

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ecuador (FOB) - 2022

In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $21,738 per ton, increasing by 65% against the previous year. Overall, the export price posted a tangible increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($57,800 per ton), while the average price for exports to Canada ($18,440 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Ecuador

In 2022, approx. 7.4 tons of yarn of combed wool, not put up for retail sale were imported into Ecuador; picking up by 85% compared with the year before. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 2,039% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of yarn of combed wool, not put up for retail sale soared to $38K in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,033%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru0.91.212.622.3191.5%
United States0.10.12.17.4319.8%
India0.60.53.74.595.7%
ChinaN/AN/A2.84.146.4%
OthersN/AN/A0.10.10.0%
Total1.61.921.238.3188.2%

Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Ecuador in 2022:

  1. China (4.6 tons)
  2. Peru (1.1 tons)
  3. United States (0.9 tons)
  4. India (0.8 tons)

Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Ecuador

Exports of yarn of combed wool, not put up for retail sale from Ecuador soared to 290 kg in 2022, rising by 17% on the year before. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,023%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of yarn of combed wool, not put up for retail sale skyrocketed to $6.3K in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,533%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia3361692,5244,264133.3%
Canada27.019.0393922224.4%
United States15.011.0227688258.0%
Czech RepublicN/AN/AN/A2890%
OthersN/AN/A10614133.0%
Total3781993,2506,304155.5%

Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Ecuador in 2022:

  1. Colombia (195.0 kg)
  2. Canada (50.0 kg)
  3. United States (36.0 kg)
  4. Czech Republic (5.0 kg)

Source: IndexBox Market Intelligence Platform

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