Report Update Nov 1, 2024

Colombia - Woven Fabrics of Cotton - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Cotton Fabric Market 2024

Cotton Fabric Market Size in Colombia

The Colombian cotton fabric market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption posted a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cotton Fabric Exports

Exports from Colombia

In 2021, overseas shipments of woven fabrics of cotton were finally on the rise to reach X tons after three years of decline. Overall, exports, however, continue to indicate a abrupt setback. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, cotton fabric exports surged to $X in 2021. In general, exports, however, recorded a deep downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X tons) was the main destination for cotton fabric exports from Colombia, accounting for a 41% share of total exports. Moreover, cotton fabric exports to Ecuador exceeded the volume sent to the second major destination, Mexico (X tons), twofold. The third position in this ranking was held by Peru (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Ecuador stood at -9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-7.6% per year) and Peru (-13.2% per year).

In value terms, Ecuador ($X) remains the key foreign market for woven fabrics of cotton exports from Colombia, comprising 47% of total exports. The second position in the ranking was held by Mexico ($X), with a 23% share of total exports. It was followed by Peru, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Ecuador totaled -8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-6.3% per year) and Peru (-13.1% per year).

Export Prices by Country

The average cotton fabric export price stood at $X per ton in 2021, increasing by 4.1% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 10% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Honduras ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Fabric Imports

Imports into Colombia

In 2021, purchases abroad of woven fabrics of cotton was finally on the rise to reach X tons after two years of decline. Over the period under review, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cotton fabric imports skyrocketed to $X in 2021. Overall, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), China (X tons) and Brazil (X tons) were the main suppliers of cotton fabric imports to Colombia, with a combined 89% share of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +59.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cotton fabric suppliers to Colombia were China ($X), India ($X) and Brazil ($X), together accounting for 67% of total imports. Mexico, Pakistan, Ecuador and Venezuela lagged somewhat behind, together accounting for a further 9.6%.

Venezuela, with a CAGR of +46.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cotton fabric import price amounted to $X per ton, standing approx. at the previous year. Overall, the import price, however, saw a slight slump. The pace of growth appeared the most rapid in 2013 when the average import price increased by 4% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of cotton in the world?

The countries with the highest volumes of cotton fabric consumption in 2020 were India, the United States and Bangladesh, together accounting for 34% of global consumption.

What are the largest producers of woven fabrics of cotton in the world?

The country with the largest volume of cotton fabric production was China, comprising approx. 43% of total volume. Moreover, cotton fabric production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.7% share.

What are the leading suppliers of woven fabrics of cotton to Colombia?

In value terms, the largest cotton fabric suppliers to Colombia were China, India and Brazil, together comprising 79% of total imports. Mexico, Pakistan, Ecuador and Venezuela lagged somewhat behind, together comprising a further 14%.

What are the leading importers of woven fabrics of cotton from Colombia?

In value terms, Ecuador, Mexico and Peru appeared to be the largest markets for cotton fabric exported from Colombia worldwide, together comprising 84% of total exports. The Dominican Republic, Honduras, Guatemala and Cuba lagged somewhat behind, together comprising a further 11%.

What is the average export price for woven fabrics of cotton in Colombia?

In 2020, the average cotton fabric export price amounted to $7,334 per ton, with a decrease of -3.3% against the previous year.

What is the average import price for woven fabrics of cotton in Colombia?

The average cotton fabric import price stood at $4,774 per ton in 2020, with a decrease of -15.8% against the previous year.

This report provides an in-depth analysis of the cotton fabric market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13202020 - Woven fabrics of cotton weighing . .100 g/m., for medical gauzes, bandages and dressings
Prodcom 13202060 - Woven fabrics of denim cotton weighing > .200 g/m. (including denim other than blue)
Prodcom 132020Z1 - Cotton fabrics, . .200 g/m. (excluding gauze and coloured yarns)
Prodcom 132020Z2 - Cotton fabrics, > .200 g/m. (excluding coloured yarns)
Prodcom 132020Z3 - Woven fabrics of cotton of yarns of different colours (excluding denim)

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023