Price for Silk; Woven Fabrics of Noil Silk in Venezuela - 2022

Contents:

  1. Price for Silk; Woven Fabrics of Noil Silk in Venezuela (CIF) - 2022
  2. Imports of Silk; Woven Fabrics of Noil Silk in Venezuela

Price for Silk; Woven Fabrics of Noil Silk in Venezuela (CIF) - 2022

In 2022, the average import price for silk; woven fabrics of noil silks amounted to $158,303 per ton, picking up by 3.9% against the previous year. In general, the import price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 65% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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 the United States ($968,143 per ton), while the price for Italy stood at $62,220 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+992.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Silk; Woven Fabrics of Noil Silk in Venezuela

In 2022, after two years of decline, there was growth in purchases abroad of silk; woven fabrics of noil silks, when their volume increased by 1.5% to 66 kg. Over the period under review, imports, however, continue to indicate a abrupt descent.

In value terms, imports of silk; woven fabrics of noil silks rose significantly to $10K in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 5.5% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Silk; Woven Fabrics of Noil Silk in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.95.56.16.811.5%
Italy4.03.93.83.7-2.6%
OthersN/AN/AN/AN/A0%
Total8.99.49.910.45.3%

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Venezuela in 2022:

  1. Italy (59.0 kg)
  2. United States (7.0 kg)

Source: IndexBox Market Intelligence Platform

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