Price for Textiles; Worn Clothing and Other Worn Articles in Chile - 2024
Contents:
- Price for Textiles; Worn Clothing and Other Worn Articles in Chile (CIF) - 2024
- Price for Textiles; Worn Clothing and Other Worn Articles in Chile (FOB) - 2022
- Imports of Textiles; Worn Clothing and Other Worn Articles in Chile
- Exports of Textiles; Worn Clothing and Other Worn Articles in Chile
Price for Textiles; Worn Clothing and Other Worn Articles in Chile (CIF) - 2024
In January 2024, the average import price for textiles; worn clothing and other worn articleses amounted to $1,191 per ton, dropping by -13.2% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 20% month-to-month. As a result, import price attained the peak level of $1,398 per ton. From November 2023 to January 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United Arab Emirates ($2,621 per ton), while the price for Canada ($597 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced a decline.
Price for Textiles; Worn Clothing and Other Worn Articles in Chile (FOB) - 2022
In 2022, the average export price for textiles; worn clothing and other worn articleses amounted to $1,151 per ton, shrinking by -10.3% against the previous year. Over the period under review, the export price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 16% against the previous year. The export price peaked at $1,911 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($2,914 per ton), while the average price for exports to Peru ($1,110 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 Venezuela (+17.2%), while the prices for the other major destinations experienced a decline.
Imports of Textiles; Worn Clothing and Other Worn Articles in Chile
In 2022, approx. 175K tons of textiles; worn clothing and other worn articleses were imported into Chile; growing by 38% compared with the previous year. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 87% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of textiles; worn clothing and other worn articleses surged to $209M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 120%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Textiles; Worn Clothing and Other Worn Articles in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.3 | 20.3 | 45.8 | 75.2 | 530.5% |
| United States | 30.1 | 23.5 | 41.9 | 43.4 | 13.0% |
| South Korea | 2.0 | 4.4 | 18.8 | 27.7 | 140.2% |
| Pakistan | 0.6 | 2.4 | 11.7 | 9.2 | 148.4% |
| Canada | 3.4 | 1.7 | 5.2 | 6.5 | 24.1% |
| Germany | 5.7 | 2.1 | 3.9 | 3.8 | -12.6% |
| Poland | 1.1 | 1.8 | 2.4 | 2.5 | 31.5% |
| Others | 22.2 | 19.5 | 36.7 | 40.9 | 22.6% |
| Total | 65.5 | 75.6 | 166 | 209 | 47.2% |
Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Chile in 2022:
- United States (49.9K tons)
- China (26.1K tons)
- South Korea (12.8K tons)
- Canada (10.4K tons)
- Pakistan (7.6K tons)
- Poland (4.9K tons)
- Germany (4.4K tons)
Exports of Textiles; Worn Clothing and Other Worn Articles in Chile
For the fourth year in a row, Chile recorded growth in shipments abroad of textiles; worn clothing and other worn articleses, which increased by 132% to 37K tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 482% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of textiles; worn clothing and other worn articleses soared to $42M in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 485%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Textiles; Worn Clothing and Other Worn Articles in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 0.9 | 5.7 | 11.2 | 32.1 | 229.2% |
| Peru | 0.8 | 3.8 | 4.1 | 4.6 | 79.2% |
| Venezuela | 0.1 | 1.0 | 2.5 | 2.0 | 171.4% |
| Uruguay | N/A | 1.5 | 1.9 | 1.9 | 12.5% |
| Bolivia | N/A | 0.5 | 0.2 | 0.9 | 34.2% |
| Others | 0.4 | 0.6 | 0.5 | 1.0 | 35.7% |
| Total | 2.3 | 13.2 | 20.4 | 42.4 | 164.2% |
Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Chile in 2022:
- Paraguay (28.9K tons)
- Peru (4.1K tons)
- Uruguay (1.7K tons)
- Bolivia (0.8K tons)
- Venezuela (0.7K tons)
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