Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ecuador - 2022
Contents:
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ecuador (CIF) - 2022
- Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ecuador
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ecuador (CIF) - 2022
The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $3,804 per ton in 2022, increasing by 27% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for artificial staple fibres, not carded, combed or otherwise processed for spinning increased by +118.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 42%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($4,834 per ton), while the price for China ($2,392 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ecuador
In 2022, purchases abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning decreased by -35.2% to 15 tons, falling for the second year in a row after two years of growth. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. As a result, imports attained the peak of 32 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning reduced notably to $56K in 2022. Over the period under review, imports, however, posted a resilient increase. The growth pace was the most rapid in 2020 when imports increased by 134% against the previous year. As a result, imports attained the peak of $80K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.3 | 9.6 | 16.5 | 14.6 | 40.2% |
| United States | 8.1 | 31.6 | 6.0 | 11.5 | 12.4% |
| Hong Kong SAR | 5.2 | 7.5 | 10.9 | 8.8 | 19.2% |
| Austria | 5.9 | 7.4 | 10.8 | 8.6 | 13.4% |
| Brazil | 5.2 | 9.9 | 11.7 | 7.7 | 14.0% |
| China | 4.3 | 13.7 | 12.0 | 4.9 | 4.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 34.0 | 79.7 | 67.9 | 56.1 | 18.2% |
Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Ecuador in 2022:
- India (3.4 tons)
- Hong Kong SAR (2.8 tons)
- United States (2.6 tons)
- Brazil (2.0 tons)
- China (2.0 tons)
- Austria (1.8 tons)
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