Price for Silk; Woven Fabrics of Noil Silk in Colombia - 2022

Contents:

  1. Price for Silk; Woven Fabrics of Noil Silk in Colombia (CIF) - 2022
  2. Imports of Silk; Woven Fabrics of Noil Silk in Colombia

Price for Silk; Woven Fabrics of Noil Silk in Colombia (CIF) - 2022

The average import price for silk; woven fabrics of noil silks stood at $171,432 per ton in 2022, rising by 40% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices reached the peak figure at $173,453 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Italy ($437,462 per ton), while the price for Hong Kong SAR ($4,650 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Silk; Woven Fabrics of Noil Silk in Colombia

In 2022, overseas purchases of silk; woven fabrics of noil silks were finally on the rise to reach 273 kg after two years of decline. Overall, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of silk; woven fabrics of noil silks soared to $47K in 2022. In general, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silk; Woven Fabrics of Noil Silk in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.44.62.621.910.1%
United Kingdom5.55.75.512.130.1%
Italy4.92.71.05.75.2%
India1.52.31.93.431.4%
China0.60.70.82.663.0%
Canada1.81.00.50.6-30.7%
Spain0.10.10.20.344.2%
BrazilN/AN/AN/A0.10%
Hong Kong SARN/AN/AN/A0.10%
Others0.2N/AN/AN/A0%
Total31.017.212.546.814.7%

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Colombia in 2022:

  1. United States (125.0 kg)
  2. United Kingdom (54.0 kg)
  3. India (24.0 kg)
  4. Hong Kong SAR (20.0 kg)
  5. Italy (13.0 kg)
  6. Canada (13.0 kg)
  7. China (10.0 kg)
  8. Brazil (7.0 kg)
  9. Spain (7.0 kg)

Source: IndexBox Market Intelligence Platform

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