Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Venezuela - 2022

Contents:

  1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Venezuela (CIF) - 2022
  2. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Venezuela

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Venezuela (CIF) - 2022

The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $7,926 per ton in 2022, rising by 31% against the previous year. In general, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 52%. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($15,069 per ton), while the price for China ($98 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+14.0%), while the prices for the other major suppliers experienced a decline.

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Venezuela

In 2022, purchases abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning was finally on the rise to reach 11 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning skyrocketed to $84K in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama14.914.413.480.575.5%
United States0.10.10.12.0171.4%
India0.30.30.21.363.0%
China0.10.10.10.344.2%
OthersN/AN/AN/A0.10%
Total15.414.913.884.176.1%

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Venezuela in 2022:

  1. Panama (5.3 tons)
  2. China (2.8 tons)
  3. India (1.4 tons)
  4. United States (1.1 tons)

Source: IndexBox Market Intelligence Platform

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