Price for Track Suits; of Cotton, Knitted or Crocheted in Venezuela - 2022
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Venezuela (CIF) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in Venezuela (FOB) - 2022
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Venezuela
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Venezuela
Price for Track Suits; of Cotton, Knitted or Crocheted in Venezuela (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $7.5 per unit, shrinking by -2.3% against the previous year. In general, the import price saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 39%. Over the period under review, average import prices reached the peak figure at $13 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Peru ($41 per unit), while the price for Turkey ($3.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Venezuela (FOB) - 2022
In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $4.9 per unit, approximately equating the previous year. In general, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 57% against the previous year. As a result, the export price reached the peak level of $15 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($14 per unit), while the average price for exports to Costa Rica ($4.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+20.9%), while the prices for the other major destinations experienced a decline.
Imports of Track Suits; of Cotton, Knitted or Crocheted in Venezuela
In 2022, approx. 9.5K units of track suits; of cotton, knitted or crocheted were imported into Venezuela; rising by 126% on 2021. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 429%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of track suits; of cotton, knitted or crocheted skyrocketed to $71K in 2022. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 397% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.2 | 4.4 | 6.2 | 25.0 | 175.2% |
| Panama | 2.7 | 32.5 | 14.7 | 22.8 | 103.6% |
| Spain | 3.2 | 9.6 | 4.8 | 8.3 | 37.4% |
| United States | 0.9 | 3.1 | 1.7 | 3.2 | 52.6% |
| Colombia | 2.2 | 5.5 | 2.0 | 2.7 | 7.1% |
| Others | 1.8 | 4.5 | 2.9 | 9.3 | 72.9% |
| Total | 12.0 | 59.5 | 32.3 | 71.3 | 81.1% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Venezuela in 2022:
- Turkey (7.8K units)
- Panama (0.8K units)
- United States (0.3K units)
- Colombia (0.3K units)
- Spain (0.1K units)
Exports of Track Suits; of Cotton, Knitted or Crocheted in Venezuela
Exports of track suits; of cotton, knitted or crocheted from Venezuela reduced dramatically to 78 units in 2022, waning by -33.3% on 2021. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 631%. As a result, the exports attained the peak of 117 units, and then contracted notably in the following year.
In value terms, exports of track suits; of cotton, knitted or crocheted shrank rapidly to $386 in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 701%. As a result, the exports attained the peak of $585, and then dropped dramatically in the following year.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 64.0 | 68.0 | 488 | 351 | 76.4% |
| Dominican Republic | 1.0 | 1.0 | 20.0 | 20.0 | 171.4% |
| Spain | 4.0 | 4.0 | 23.0 | 14.0 | 51.8% |
| Others | N/A | N/A | 54.0 | 1.0 | -98.1% |
| Total | 69.0 | 73.0 | 585 | 386 | 77.5% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Venezuela in 2022:
- Costa Rica (73.0 units)
- Dominican Republic (3.0 units)
- Spain (1.0 units)
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