Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Venezuela - 2022
Contents:
- Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Venezuela (CIF) - 2022
- Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Venezuela
Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Venezuela (CIF) - 2022
In 2022, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $6,176 per ton, picking up by 15% against the previous year. Over the period under review, the import price recorded a modest increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 186%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($7,802 per ton), while the price for China ($1,867 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+10.5%), while the prices for the other major suppliers experienced a decline.
Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Venezuela
For the third year in a row, Venezuela recorded decline in supplies from abroad of yarn of other vegetable textile fibres; paper yarns, which decreased by -9.2% to 1.5 tons in 2022. Overall, imports recorded a abrupt decline.
In value terms, imports of yarn of other vegetable textile fibres; paper yarns reached $9.3K in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 4.8% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 6.9 | 7.4 | 7.9 | 8.4 | 6.8% |
| China | 0.8 | 0.8 | 0.8 | 0.8 | 0.0% |
| Others | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Total | 8.0 | 8.4 | 8.8 | 9.3 | 5.1% |
Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Venezuela in 2022:
- Panama (1072.0 kg)
- China (412.0 kg)
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