Key Market Indicators
Colombia is expected to see a 2.9% increase in fabric imports by 2026, reaching a total of $223 million. This is up from the 2021 figure of $188 million. Since 1996, Colombian demand has risen by 8.3% annually. In 2021, the country ranked 29th, with Poland coming in ahead at $188 million. Indonesia, China, and the United States came in second, third, and fourth respectively. Fabric exports from Colombia, however, are expected to drop by 3.6% year-on-year on average, reaching $39 million by 2026. This is down from the 2021 figure of $48 million. Since 1996, Colombian supply has decreased by 0.3% annually. In 2021, the United Arab Emirates ranked above Colombia at $48 million, followed by South Korea, Italy, and Germany in second, third, and fourth place respectively.