Flax Yarn Price in Venezuela - 2022
Contents:
Flax Yarn Price in Venezuela (CIF) - 2022
In 2022, the average flax yarn import price amounted to $10,714 per ton, dropping by -49.3% against the previous year. Overall, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 34%. The import price peaked at $27,706 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Panama ($12,000 per ton), while the price for China ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+7.9%), while the prices for the other major suppliers experienced a decline.
Flax Yarn Imports in Venezuela
For the third consecutive year, Venezuela recorded decline in purchases abroad of flax yarns, which decreased by -96.4% to 14 kg in 2022. In general, imports saw a dramatic curtailment. The smallest decline of -17.2% was in 2020.
In value terms, flax yarn imports contracted markedly to $150 in 2022. Over the period under review, imports continue to indicate a significant decline. The smallest decline of -0.1% was in 2020.
| Import of Flax Yarn in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 14.7 | 15.2 | 7.8 | 0.1 | -81.1% |
| China | N/A | N/A | N/A | N/A | 0% |
| Trinidad and Tobago | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Italy | 1.0 | 0.8 | 0.4 | N/A | -36.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.1 | 16.1 | 8.1 | 0.1 | -81.6% |
Top Suppliers of Flax Yarn to Venezuela in 2022:
- Panama (12.0 kg)
- China (1.0 kg)
- Italy (1.0 kg)
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