Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Venezuela - 2022

Contents:

  1. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Venezuela (CIF) - 2022
  2. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Venezuela (FOB) - 2022
  3. Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Venezuela
  4. Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Venezuela

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Venezuela (CIF) - 2022

The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $3,310 per ton in 2022, with an increase of 24% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 59%. The import price peaked at $8,868 per ton in 2013; however, from 2014 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 Ecuador ($11,212 per ton), while the price for China ($2,085 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+2.5%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Venezuela (FOB) - 2022

The average export price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $2,883 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price, however, showed a abrupt setback. The export price peaked at $6,150 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($3,571 per ton), while the average price for exports to Peru ($1,063 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (-0.8%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Venezuela

Imports of fabrics; "long pile" fabrics, knitted or crocheteds into Venezuela expanded markedly to 3.9 tons in 2022, with an increase of 6.9% compared with 2021 figures. In general, imports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds soared to $13K in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 58%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.73.45.37.037.4%
Ecuador2.22.84.45.838.1%
OthersN/AN/A0.10.10.0%
Total4.96.29.812.938.1%

Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Venezuela in 2022:

  1. China (3.4 tons)
  2. Ecuador (0.5 tons)

Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Venezuela

For the third consecutive year, Venezuela recorded decline in overseas shipments of fabrics; "long pile" fabrics, knitted or crocheteds, which decreased by -20.5% to 128 kg in 2022. In general, exports showed a abrupt shrinkage. The smallest decline of -19.1% was in 2021.

In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds shrank markedly to $369 in 2022. Overall, exports recorded a dramatic setback.

Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia655520412327-20.7%
Ecuador31.029.027.025.0-6.9%
Peru34.027.021.017.0-20.6%
OthersN/AN/A1.0N/A0%
Total720576461369-20.0%

Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Venezuela in 2022:

  1. Colombia (105.0 kg)
  2. Peru (16.0 kg)
  3. Ecuador (7.0 kg)

Source: IndexBox Market Intelligence Platform

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