Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Colombia - 2022

Contents:

1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Colombia (CIF) - 2022
2. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Colombia (FOB) - 2022
3. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Colombia
4. Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Colombia

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Colombia (CIF) - 2022

In February 2022, the average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $7,201 per ton, reducing by -12.3% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in November 2021 an increase of 66% month-to-month. As a result, import price attained the peak level of $10,374 per ton. From December 2021 to February 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In February 2022, the country with the highest price was Italy ($7,831 per ton), while the price for China ($7,123 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Colombia (FOB) - 2022

The average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $7,297 per ton in 2022, increasing by 48% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $9,462 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($16,621 per ton), while the average price for exports to the United States ($2,311 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 the Dominican Republic (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Colombia

In 2022, overseas purchases of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -15.4% to 832 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of 80%. As a result, imports attained the peak of 983 tons, and then dropped remarkably in the following year.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses expanded markedly to $5.7M in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 67% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Colombia in 2022:

1. China (753.6 tons)
2. Israel (25.7 tons)
3. Germany (25.2 tons)
4. Spain (14.9 tons)

Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Colombia

After three years of growth, overseas shipments of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -74.3% to 79 tons in 2022. Over the period under review, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. As a result, the exports reached the peak of 309 tons, and then reduced remarkably in the following year.

In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses fell notably to $580K in 2022. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, the exports reached the peak of $1.5M, and then contracted dramatically in the following year.

Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Colombia in 2022:

1. Panama (36.5 tons)
2. Dominican Republic (15.9 tons)
3. Ecuador (10.0 tons)
4. United States (9.2 tons)
5. Peru (4.3 tons)
6. Venezuela (3.0 tons)

Source: IndexBox Market Intelligence Platform