Price for Cotton; Sewing Thread, Put Up for Retail Sale in Venezuela - 2022
Contents:
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Venezuela (CIF) - 2022
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Venezuela (FOB) - 2022
- Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Venezuela
- Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Venezuela
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Venezuela (CIF) - 2022
In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $5,417 per ton, surging by 21% against the previous year. Overall, the import price saw strong growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 116%. The import price peaked at $7,395 per ton in 2015; however, from 2016 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 the United States ($11,499 per ton), while the price for Panama ($1,444 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Venezuela (FOB) - 2022
In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $20,865 per ton, falling by -67.4% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 766% against the previous year. Over the period under review, the average export prices attained the peak figure at $64,000 per ton in 2021, and then shrank notably in the following year.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +20.0% per year.
Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Venezuela
For the third consecutive year, Venezuela recorded decline in supplies from abroad of cotton; sewing thread, put up for retail sale, which decreased by -7.6% to 4.1 tons in 2022. In general, imports saw a abrupt decrease.
In value terms, imports of cotton; sewing thread, put up for retail sale expanded significantly to $22K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +57.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Cotton; Sewing Thread, Put Up for Retail Sale in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3.7 | 4.7 | 5.9 | 7.2 | 24.8% |
| India | 6.2 | 6.6 | 6.9 | 6.9 | 3.6% |
| United States | 2.2 | 2.9 | 3.6 | 4.3 | 25.0% |
| Colombia | 1.0 | 1.2 | 1.5 | 1.9 | 23.9% |
| China | 1.1 | 1.5 | 1.8 | 1.3 | 5.7% |
| Spain | N/A | 0.1 | 0.2 | 0.7 | 164.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 14.2 | 17.1 | 20.0 | 22.3 | 16.2% |
Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Venezuela in 2022:
- India (1848.0 kg)
- Mexico (865.0 kg)
- China (535.0 kg)
- United States (377.0 kg)
- Colombia (304.0 kg)
- Spain (169.0 kg)
Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Venezuela
Exports of cotton; sewing thread, put up for retail sale from Venezuela surged to 37 kg in 2022, growing by 208% compared with the year before. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 467% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of cotton; sewing thread, put up for retail sale totaled $772 in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 58% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Cotton; Sewing Thread, Put Up for Retail Sale in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 55.0 | 561 | 49.0 | 772 | 141.2% |
| Guyana | N/A | N/A | 718 | N/A | 0% |
| Others | 299 | N/A | 1.0 | N/A | -94.2% |
| Total | 354 | 561 | 768 | 772 | 29.7% |
Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Venezuela in 2022:
- Costa Rica (37.0 kg)
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This report provides an in-depth analysis of the cotton sewing thread market in Venezuela.
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This report provides an in-depth analysis of the global cotton sewing thread market.
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This report provides an in-depth analysis of the cotton sewing thread market in Venezuela.
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This report provides an in-depth analysis of the global cotton sewing thread market.
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In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1111
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1662
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1524
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
1060
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1111
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1662
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1524
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
