Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Venezuela - 2022

Contents:

  1. Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Venezuela (CIF) - 2022
  2. Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Venezuela (FOB) - 2022
  3. Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Venezuela
  4. Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Venezuela

Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Venezuela (CIF) - 2022

The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $8,157 per ton in 2022, declining by -3.6% against the previous year. Over the period under review, the import price saw a deep contraction. The growth pace was the most rapid in 2016 an increase of 54%. The import price peaked at $18,506 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($77,104 per ton), while the price for China ($2,557 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Venezuela (FOB) - 2022

In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $10,000 per ton, with an increase of 5.8% against the previous year. Overall, the export price recorded temperate growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 57% against the previous year. The export price peaked at $17,000 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Aruba ($17,470 per ton), while the average price for exports to Panama amounted to $9,830 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Venezuela

In 2022, supplies from abroad of cotton yarn (other than sewing thread), put up for retail sale was finally on the rise to reach 14 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a dramatic setback.

In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale surged to $115K in 2022. Over the period under review, imports, however, saw a sharp decline.

Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14485.047.666.4-22.7%
Brazil26.517.010.318.6-11.1%
Panama32.820.812.418.5-17.4%
Spain8.33.71.51.6-42.2%
China16.14.90.60.6-66.6%
Others49.618.38.39.5-42.4%
Total27715080.8115-25.4%

Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Venezuela in 2022:

  1. United States (12.8 tons)
  2. Panama (0.3 tons)
  3. Brazil (0.2 tons)
  4. China (0.2 tons)
  5. Spain (0.2 tons)

Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Venezuela

In 2022, shipments abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by 0% to 11 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a deep reduction. The smallest decline of -15.4% was in 2020.

In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale expanded notably to $110 in 2022. Overall, exports recorded a noticeable descent.

Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama126114102106-5.6%
Aruba1.01.02.04.058.7%
Chile1.0N/AN/AN/A0%
Others-1.0N/AN/AN/A0%
Total127115104110-4.7%

Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Venezuela in 2022:

  1. Panama (11.0 kg)
  2. Aruba (1.0 kg)

Source: IndexBox Market Intelligence Platform

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