Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Venezuela - 2022

Contents:

  1. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Venezuela (CIF) - 2022
  2. Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Venezuela

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Venezuela (CIF) - 2022

The average import price for yarn of combed wool, not put up for retail sale stood at $22,292 per ton in 2022, almost unchanged from the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 yarn of combed wool, not put up for retail sale increased by +1.1% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 124% against the previous year. Over the period under review, average import prices attained the peak figure at $25,898 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($28,611 per ton), while the price for Panama amounted to $3,887 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.1%).

Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Venezuela

In 2022, the amount of yarn of combed wool, not put up for retail sale imported into Venezuela soared to 542 kg, with an increase of 20% compared with 2021. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn of combed wool, not put up for retail sale surged to $12K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.17.69.411.623.9%
Panama0.90.80.60.5-17.8%
OthersN/AN/AN/AN/A0%
Total7.08.410.112.120.0%

Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Venezuela in 2022:

  1. Italy (404.0 kg)
  2. Panama (133.0 kg)

Source: IndexBox Market Intelligence Platform

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