Venezuela - Braces, Suspenders And Garters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBraces and Garters Price in Venezuela - 2022
Contents:
- Braces and Garters Price in Venezuela (CIF) - 2022
- Braces and Garters Price in Venezuela (FOB) - 2022
- Braces and Garters Imports in Venezuela
- Braces and Garters Exports in Venezuela
Braces and Garters Price in Venezuela (CIF) - 2022
In 2022, the average braces and garters import price amounted to $20 per unit, picking up by 35% against the previous year. In general, the import price showed a prominent expansion. The pace of growth was the most pronounced in 2014 an increase of 289% against the previous year. Over the period under review, average import prices attained the peak figure at $56 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($49 per unit), while the price for China ($6.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+52.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Braces and Garters Price in Venezuela (FOB) - 2022
The average braces and garters export price stood at $54 per unit in 2022, surging by 11% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braces and garters export price decreased by -3.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 89% against the previous year. The export price peaked at $57 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($69 per unit), while the average price for exports to Chile amounted to $30 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.
Braces and Garters Imports in Venezuela
In 2022, after three years of growth, there was significant decline in supplies from abroad of braces, suspenders and garters, when their volume decreased by -13.6% to 11K units. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of 13K units, and then declined in the following year.
In value terms, braces and garters imports skyrocketed to $229K in 2022. Overall, imports continue to indicate a pronounced slump. Over the period under review, imports hit record highs at $261K in 2020; however, from 2021 to 2022, imports failed to regain momentum.
Import of Braces and Garters in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 4.8 | N/A | 152 | 191 | 241.4% |
Peru | 2.7 | 0.1 | 7.6 | 5.0 | 22.8% |
China | 18.4 | N/A | N/A | 4.5 | -37.5% |
United States | 5.2 | 76.1 | N/A | 3.0 | -16.8% |
Lebanon | N/A | N/A | 6.5 | N/A | 0% |
Panama | 226 | 170 | N/A | N/A | -24.8% |
Others | 4.4 | 14.6 | 31.2 | 25.5 | 79.6% |
Total | 261 | 261 | 197 | 229 | -4.3% |
Top Suppliers of Braces and Garters to Venezuela in 2022:
- Colombia (9.8K units)
- China (0.6K units)
- United States (0.3K units)
- Peru (0.3K units)
Braces and Garters Exports in Venezuela
In 2022, the amount of braces, suspenders and garters exported from Venezuela declined sharply to 10 units, which is down by -16.7% compared with 2021. Over the period under review, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. Over the period under review, the exports hit record highs at 71 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, braces and garters exports dropped to $538 in 2022. Overall, exports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 18%. The exports peaked at $3.9K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Braces and Garters in Venezuela (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 173 | N/A | 153 | 207 | 6.2% |
Chile | 1,345 | 348 | 275 | 91.0 | -59.3% |
Dominican Republic | 340 | 145 | N/A | N/A | -57.4% |
Costa Rica | 628 | N/A | N/A | N/A | 0% |
Panama | 883 | N/A | N/A | N/A | 0% |
Others | 570 | N/A | 154 | 240 | -25.0% |
Total | 3,939 | 493 | 582 | 538 | -48.5% |
Top Export Markets for Braces and Garters from Venezuela in 2022:
- Spain (3.0 units)
- Chile (3.0 units)
This report provides an in-depth analysis of the braces and garters market in Venezuela. 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 14142570 - Braces, suspenders, garters and similar articles and parts thereof
Country coverage:
- Venezuela
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Venezuela
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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