Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Venezuela - 2022

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Venezuela (CIF) - 2022
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Venezuela (FOB) - 2022
3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Venezuela
4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Venezuela

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Venezuela (CIF) - 2022

In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $4,244 per ton, growing by 14% against the previous year. Overall, the import price, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 23% against the previous year. As a result, import price attained the peak level of $7,037 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,832 per ton), while the price for China ($2,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.1%), while the prices for the other major suppliers experienced a decline.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Venezuela (FOB) - 2022

The average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $4,615 per ton in 2022, growing by 2.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2019 an increase of 2.9%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to +1.1% per year.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Venezuela

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of polyesters imported into Venezuela skyrocketed to 258 tons, with an increase of 34% against the year before. Over the period under review, imports saw a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 884%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters surged to $1.1M in 2022. In general, imports recorded resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 989% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Venezuela in 2022:

1. Mexico (225.3 tons)
2. South Korea (14.0 tons)
3. Vietnam (9.3 tons)
4. China (7.3 tons)
5. United States (1.3 tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Venezuela

For the third year in a row, Venezuela recorded decline in overseas shipments of textile fabrics; tyrecord of high tenacity yarn of polyesters, which decreased by -8.6% to 1.3 tons in 2022. In general, exports saw a deep reduction. The smallest decline of -8.5% was in 2020.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters shrank to $5.9K in 2022. Over the period under review, exports showed a abrupt slump. The smallest decline of -5.9% was in 2021.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Venezuela in 2022:

1. Pakistan (1.3 tons)

Source: IndexBox Market Intelligence Platform