Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Venezuela - 2022
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Venezuela (CIF) - 2022
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Venezuela (FOB) - 2022
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Venezuela
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Venezuela
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Venezuela (CIF) - 2022
The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $19 per unit in 2022, shrinking by -31.3% against the previous year. In general, the import price, however, showed a buoyant increase. The growth pace was the most rapid in 2021 when the average import price increased by 89% against the previous year. As a result, import price attained the peak level of $27 per unit, and then reduced rapidly in the following year.
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 the United States ($106 per unit), while the price for China ($4.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Venezuela (FOB) - 2022
The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $27 per unit in 2022, reducing by -19.5% against the previous year. In general, the export price, however, saw noticeable growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 123% against the previous year. Over the period under review, the average export prices hit record highs at $33 per unit in 2021, and then contracted significantly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($40 per unit), while the average price for exports to the Dominican Republic ($4.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.2%), while the prices for the other major destinations experienced a decline.
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Venezuela
After two years of decline, supplies from abroad of articles of apparel and clothing accessories, of leather or of composition leather increased by 44% to 34K units in 2022. In general, imports, however, showed a dramatic contraction. Over the period under review, imports of reached the peak figure at 163K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather contracted modestly to $634K in 2022. Over the period under review, imports, however, continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2021 when imports increased by 2.2% against the previous year. Imports peaked at $1.7M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 865 | 197 | 228 | 258 | -33.2% |
| China | 423 | 114 | 63.4 | 129 | -32.7% |
| Italy | 40.4 | 33.2 | 69.4 | 73.9 | 22.3% |
| Spain | 15.3 | 11.7 | 35.1 | 13.6 | -3.9% |
| Others | 364 | 272 | 245 | 159 | -24.1% |
| Total | 1,708 | 627 | 641 | 634 | -28.1% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Venezuela in 2022:
- China (26.5K units)
- United States (2.4K units)
- Italy (1.3K units)
- Spain (0.8K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Venezuela
In 2022, shipments abroad of articles of apparel and clothing accessories, of leather or of composition leather was finally on the rise to reach 2.9K units after two years of decline. In general, exports, however, faced a significant decline. Over the period under review, the exports of reached the maximum at 7.7K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather dropped sharply to $78K in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 46%. As a result, the exports reached the peak of $93K, and then declined sharply in the following year.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.6 | 31.6 | 78.6 | 70.8 | 40.4% |
| Dominican Republic | N/A | N/A | N/A | 5.2 | 0% |
| Colombia | 34.5 | 26.3 | 4.4 | N/A | -64.3% |
| Jamaica | 0.4 | N/A | N/A | N/A | 0% |
| Others | 11.3 | 5.6 | 9.8 | 2.2 | -42.0% |
| Total | 71.8 | 63.6 | 92.9 | 78.2 | 2.9% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Venezuela in 2022:
- United States (1783.0 units)
- Dominican Republic (1074.0 units)
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