Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ecuador - 2022
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ecuador (CIF) - 2022
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ecuador (FOB) - 2022
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ecuador
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ecuador
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ecuador (CIF) - 2022
In 2022, the average import price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $4,194 per ton, growing by 10% against the previous year. Overall, the import price, however, continues to indicate a noticeable setback. The import price peaked at $6,744 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Peru ($11,089 per ton), while the price for South Korea ($2,479 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+0.7%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ecuador (FOB) - 2022
In 2022, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $6,378 per ton, growing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2020 an increase of 32% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($14,311 per ton), while the average price for exports to the United States ($1,900 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 Peru (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ecuador
In 2022, approx. 14K tons of fabrics, knitted or crocheted, of a width of > 30 cms were imported into Ecuador; picking up by 2.5% on 2021. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +59.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms expanded sharply to $57M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.6% 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 +71.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.3 | 23.0 | 33.8 | 37.7 | 10.0% |
| Colombia | 6.8 | 4.3 | 7.5 | 9.5 | 11.8% |
| Peru | 7.0 | 3.8 | 6.6 | 6.1 | -4.5% |
| South Korea | 0.5 | 0.3 | 0.5 | 0.9 | 21.6% |
| Others | 2.9 | 1.8 | 1.8 | 2.5 | -4.8% |
| Total | 45.5 | 33.2 | 50.2 | 56.8 | 7.7% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Ecuador in 2022:
- China (11.0K tons)
- Colombia (1.2K tons)
- Peru (0.5K tons)
- South Korea (0.4K tons)
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ecuador
In 2022, the amount of fabrics, knitted or crocheted, of a width of > 30 cms exported from Ecuador soared to 79 tons, increasing by 53% against the year before. Overall, exports, however, continue to indicate a deep reduction.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms skyrocketed to $504K in 2022. Over the period under review, exports, however, saw a pronounced reduction.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 554 | 92.5 | 228 | 372 | -12.4% |
| Peru | N/A | 117 | 7.0 | 94.9 | -9.9% |
| United States | N/A | 34.4 | 35.3 | 34.2 | -0.3% |
| Others | 3.9 | N/A | 0.2 | 2.9 | -9.4% |
| Total | 558 | 244 | 271 | 504 | -3.3% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Ecuador in 2022:
- Colombia (54.1 tons)
- United States (18.0 tons)
- Peru (6.6 tons)
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