Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ecuador - 2022

Contents:

  1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ecuador (CIF) - 2022
  2. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ecuador

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ecuador (CIF) - 2022

In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $4,002 per ton, with an increase of 25% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,263 per ton), while the price for China ($2,361 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ecuador

In 2022, supplies from abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings was finally on the rise to reach 358 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt shrinkage.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings surged to $1.4M in 2022. In general, imports enjoyed modest growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium8725665981,0717.1%
Peru20963.294.0161-8.3%
United States25.87.613.061.033.2%
France75.18.718.944.8-15.8%
Germany11413.520.142.2-28.2%
China46.123.521.533.2-10.4%
India10.96.36.09.5-4.5%
Others13.37.86.28.8-12.9%
Total1,3656967771,4321.6%

Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Ecuador in 2022:

  1. Belgium (239.4 tons)
  2. Peru (58.2 tons)
  3. France (15.3 tons)
  4. Germany (14.2 tons)
  5. China (14.1 tons)
  6. United States (8.4 tons)
  7. India (4.9 tons)

Source: IndexBox Market Intelligence Platform

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