Colombia Denim Import On Recovery Path

The exports of denim fabrics from India have been good even during the covid times and after successful June & July 2020, India has maintained consistency during August & Sept 2020 in exports to Columbia. . India once again was ahead of other countries post the pandemic recovery phase and became the largest exporter of denim fabrics to Colombia during October 2020.

We analyze all the imports into Columbia in this report besides listing major denim fabric importers in COLOMBIA during October 2020 and analyzed the volume and average price along with the countries from where they are buying. The contents of this report are as below:

Particulars
Tables and Graphs Showing Leading Denim Exporting Countries To Colombia.
Table And Graphs Showing Leading Denim Importing Companies Of Colombia.
Table and Graphs Showing Denim Exporting Companies to Top Denim Importing Companies Of Colombia.
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TOP COUNTRIES SUPPLYING DENIM FABRICS TO COLOMBIA

In the month of October 2020, Colombia has imported approx. 3.9 million sqm of denim fabrics. With 1.63 million sqm of denim fabric export, India strongly positioned itself as the #1 exporter of denim to Colombia, India is now ahead of China whose share reduced up to 31.37% in the total import.

China exported 1.24 million sqm of denim fabrics at an average price of $1.56/sqm.

(Note: this data has been captured from various govt organizations including customs. the actual imports are likely to be higher than this figure .)

Country of OriginAvg Unit Price($/sqm)Quantity Sum (In Thousands) sqm% Share
CHINA1.561244.5531.37
INDIA1.051632.1341.14
MEXICO2.19303.397.65
BRAZIL1.45371.779.37
PAKISTAN1.68144.683.65
VENEZUELA1.21155.993.93
ECUADOR1.5389.322.25
TURKEY3.1925.460.64
TOTAL1.393967.29100

As far as the average price is concerned, India’s average price turned to be one of the most competitive amongst all i.e, $1.05/sq meter. Turkey exported the fabric at the most expensive average price of USD 3.19/Sqm. Perhaps this low price can explain the larger share that India is getting in the market .

India is at #1 with a 41.1% share and China slipped to #2 with a 31.4% share.

TOP DENIM EXPORTERS TO COLOMBIA

So far as the denim exporters are concerend Loyal Kingdom Corp (India) and Vicunha Textile (Brazil)  are the biggest exporters of denim fabric to Colombia with a total import of 332 thousand sqm and 316 thousand sqm of denim fabric respectively. MPVR Trading supplied at the most expensive average price i.e., $2.12/sqm.

Shipper NameAvg Unit Price($)Quantity Sum (In Thousands)Country
LOYAL KINGDOM CORP0.83332.95India
VICUNHA TEXTIL S / A1.34316.21Brazil
MPVR TRADING COMPANY S DE RL2.12294.63Mexico
ZHEJIANG TENGMA TEXTILE CO LTD1.51231.44China
SANGAM (INDIA) LTD1.00209.7India
ZHEJIANG XINLAN TEXTILE CO LTD1.48192.2China
JALSEN INC1.21155.99Venezuela
MANOMAY TEX INDIA LTD1.21149.22India
POONAM ENTERPRISES (HK) LTD1.55146.21China
RB INDUSTRIES1.06131.85India
ZHEJIANG BLUEDREAM TEXTILE CO LTD1.47115.68China
NEXT ERA LLC1.78106.69China
JRD DENIMS LTD1.19100.56India
OTHERS1.441484Turkey, Pakistan, Ecuador
TOTAL1.393967.33

TOP DENIM IMPORTING COMPANIES OF COLOMBIA

So far as the import of denim fabric by different companies are concerned, JOHN URIBE and VICUNHA COLOMBIA  are the biggest importers of denim fabric into Colombia with a total import of 705 thousand sqm and 345 thousand sqm of denim fabric respectively. PERMODA LTDis the buyer which has imported the denim fabrics at the most expensive average price i.e., $2.12/sqm.

Consignee NameAvg Unit Price($/sqm)Quantity Sum (In Thousands)sqm
JOHN URIBE E HIJOS SA1.34705.2
PERMODA LTDA2.12294.63
VICUNHA COLOMBIA SAS1.42345.7
STILOTEX SAS1.54235.3
STF GROUP SA1.97182.73
TRAMAS COLOMBIA INTERNACIONAL SAS0.83332.95
SURTIJEANS SA1.01190.1
COMERCIALIZADORA QUANTTO SA SOCIEDAD ANONIMA COMERCIAL1.21159.17
TEXDORAL SA1.78106.69
POLJEAN SAS1.21155.99
COLOMBIANA DE COMERCIO SA1.09128.68
JEAN BLUE TEXTIL SAS1.4795.06
OTHERS1.371035.13

JOHN URIBE E HIJOS SA

The total import of denim fabric made by JOHN URIBE during October 2020 was 705 thousand sqm. RB Industries and ZHEJIANG BLUEDREAM TEXTILE from China are the two biggest suppliers which supplied 1.31 lacs sqm and 1.15 lacs sqm of denim fabric respectively.

AddressNIT: 800.147.745-2 CARRERA 52 NO.19-80 COD.UAP 600 MEDELLIN COLOMBIA CO

SUPPLIERSQUANTITY(SQM)AVERAGE PRICE($/SQM)COUNTRY
BHASKAR INDUSTRIES PVT LTD72,7631.38India
JINDAL DENIMS INC75,6571.13India
KASSIM TEXTILES (PVT) LTD5,6011.83Pakistan
PROSPERITY TEXTILE (H K) LTD9,6033.11China
RB INDUSTRIES131,8471.06India
SANKO TEKSTIL ISLETMELERI SAN VE TIC AS9,5263.34Turkey
SANTISTA TEXTIL LTDA14,3791.28Brazil
SHAOXING FEIFANLAN TEXTILE CO LTD6,1231.54China
SIGNET DENIM PVT LTD81,3650.96India
TEXTIL CANATIBA LTDA1,6001.76Brazil
ZHEJIANG BLUEDREAM TEXTILE CO LTD115,6781.47China
ZHEJIANG TENGMA TEXTILE CO LTD88,8931.42China
ZHEJIANG XINLAN TEXTILE CO LTD92,1631.54China

VICUNHA COLOMBIA SAS

The company has imported all of its fabric from its subsidiaries in Brazil, China and Ecuador at an average price of $1.31, $1.77 and $1.53 respectively.

SUPPLIERSQUANTITY(SQM)AVERAGE PRICE($/SQM)COUNTRY
VICUNHA ECUADOR SA89,3211.53Ecuador
VICUNHA TEXTIL S / A2,17,1481.31Brazil
VICUNHA URUGUAY SA39,2281.77China

TRAMAS COLOMBIA INTERNACIONAL SAS

Tramas Colombia imported all its fabrics – 3.32 lakhs sqm from Loyal Kingdom Corp based in India. Average Price seems very low at $0.83/sqm.

Address: ID: 9011520301 AV. CALLE 26 NO 69-63 EDIFICIO TORR OFIC. 205. BOGOTA COLOMBIA.
Contact Number – 57-47469603

SUPPLIERSQUANTITY(SQM)AVERAGE PRICE($/SQM)COUNTRY
LOYAL KINGDOM CORP3,32,9470.83India

PERMODA LTDA

MPVR Trading from Mexico emerged as one of the biggest suppliers to Permoda Ltda during October 2020, the company supplied 2.94 lacs sqm of denim fabric at an average price of $2.12/sqm.

Address: #69b- a, Cl. 20 Sur #6998, Bogotá, Colombia
Contact Number: (57) 1 – 2948999
Website : https://permoda.com.co

SUPPLIERSQUANTITY(SQM)AVERAGE PRICE($/SQM)COUNTRY
MPVR TRADING COMPANY S DE RL2,94,6352.12Mexico
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Very pleased to announce an interesting webinar on Traceability In Denim Manufacturing featuring Haelixa. Sandeep Agarwal from Denimsandjeans speaks to Dr. Michela Puddu on Feb 17 at CET 11 AM.

To attend the webinar, please register at http://bit.ly/2LgxdsC

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