Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Colombia - 2022

Contents:

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

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

In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $7,758 per ton, with a decrease of -13.1% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 105% against the previous year. The import price peaked at $18,128 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 ($53,883 per ton), while the price for China ($703 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+32.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $12,400 per ton, surging by 8.8% against the previous year. Overall, the export price continues to indicate a mild increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +8.8% per year.

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Colombia

For the fourth consecutive year, Colombia recorded growth in supplies from abroad of yarn of carded wool, not put up for retail sale, which increased by 39% to 2.5 tons in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 210%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of yarn of carded wool, not put up for retail sale skyrocketed to $20K in 2022. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 180% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.57.310.111.566.3%
Italy0.42.65.67.1160.9%
China0.30.10.71.049.4%
Others0.4N/AN/AN/A0%
Total3.69.916.319.776.2%

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

  1. China (1473.0 kg)
  2. Italy (848.0 kg)
  3. United Kingdom (214.0 kg)

Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Colombia

Exports of yarn of carded wool, not put up for retail sale from Colombia stood at 5 kg in 2022, approximately equating the previous year. Overall, exports showed a relatively flat trend pattern. 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 carded wool, not put up for retail sale totaled $62 in 2022. The total export value increased at an average annual rate of +8.2% over the period from 2020 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Colombia (USD)
COUNTRY202020212022CAGR,
2020-2022
TurkeyN/A57.062.08.8%
South Korea53.0N/AN/A0%
OthersN/AN/AN/A0%
Total53.057.062.08.2%

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

  1. Turkey (5.0 kg)

Source: IndexBox Market Intelligence Platform

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