Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Venezuela - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Venezuela (CIF) - 2022
  2. Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Venezuela

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Venezuela (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $16,116 per ton, reducing by -4.4% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fibres; synthetic filament tow, of nylon or other polyamideses decreased by -21.4% against 2014 indices. The pace of growth was the most pronounced in 2013 an increase of 116%. Over the period under review, average import prices hit record highs at $20,505 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($36,966 per ton), while the price for China ($465 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+9.9%), while the prices for the other major suppliers experienced a decline.

Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Venezuela

For the third year in a row, Venezuela recorded decline in overseas purchases of fibres; synthetic filament tow, of nylon or other polyamideses, which decreased by -15.9% to 292 kg in 2022. In general, imports faced a abrupt slump. The smallest decline of -15.2% was in 2021.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses fell dramatically to $4.7K in 2022. Over the period under review, imports recorded a drastic downturn. The smallest decline of -19.5% was in 2020.

Import of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama7.76.35.24.3-17.7%
Taiwan (Chinese)0.40.30.20.2-20.6%
Italy0.30.20.10.1-30.7%
United States0.30.20.10.1-30.7%
China0.20.10.10.1-20.6%
Others0.10.1N/AN/A0.0%
Total9.07.35.84.7-19.5%

Top Suppliers of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides to Venezuela in 2022:

  1. Panama (116.0 kg)
  2. China (114.0 kg)
  3. Italy (37.0 kg)
  4. United States (11.0 kg)
  5. Taiwan (Chinese) (9.0 kg)

Source: IndexBox Market Intelligence Platform

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