Price for Knitted or Crocheted Pile Fabrics in Venezuela - 2022

Contents:

  1. Price for Knitted or Crocheted Pile Fabrics in Venezuela (CIF) - 2022
  2. Price for Knitted or Crocheted Pile Fabrics in Venezuela (FOB) - 2022
  3. Imports of Knitted or Crocheted Pile Fabrics in Venezuela
  4. Exports of Knitted or Crocheted Pile Fabrics in Venezuela

Price for Knitted or Crocheted Pile Fabrics in Venezuela (CIF) - 2022

In 2022, the average import price for knitted or crocheted pile fabricses amounted to $2,733 per ton, surging by 5.6% against the previous year. In general, the import price, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 120%. As a result, import price attained the peak level of $10,005 per ton. From 2015 to 2022, the average import prices remained 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 Colombia ($8,165 per ton), while the price for the United States ($883 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.3%), while the prices for the other major suppliers experienced a decline.

Price for Knitted or Crocheted Pile Fabrics in Venezuela (FOB) - 2022

In 2022, the average export price for knitted or crocheted pile fabricses amounted to $8,533 per ton, reducing by -2.4% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 7.4% against the previous year. Over the period under review, the average export prices attained the peak figure at $9,195 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($55,028 per ton), while the average price for exports to Peru ($2,129 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+18.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Knitted or Crocheted Pile Fabrics in Venezuela

In 2022, purchases abroad of knitted or crocheted pile fabricses decreased by -24.6% to 2.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 97%. As a result, imports attained the peak of 3K tons, and then dropped significantly in the following year.

In value terms, knitted or crocheted pile fabrics imports shrank sharply to $6.1M in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 141% against the previous year. As a result, imports reached the peak of $7.7M, and then dropped significantly in the following year.

Import of Knitted or Crocheted Pile Fabrics in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.42.97.25.834.2%
United StatesN/AN/AN/AN/A0%
Others0.30.30.50.30.0%
Total2.73.27.76.131.2%

Top Suppliers of Knitted or Crocheted Pile Fabrics to Venezuela in 2022:

  1. China (2160.3 tons)
  2. United States (38.5 tons)

Exports of Knitted or Crocheted Pile Fabrics in Venezuela

In 2022, after two years of decline, there was growth in shipments abroad of knitted or crocheted pile fabricses, when their volume increased by 2% to 599 kg. Over the period under review, exports, however, showed a noticeable reduction.

In value terms, knitted or crocheted pile fabrics exports reduced to $5.1K in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 0.7%. As a result, the exports attained the peak of $5.1K, leveling off in the following year.

Export of Knitted or Crocheted Pile Fabrics in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia3.93.83.73.5-3.5%
El Salvador0.70.80.91.116.3%
Ecuador0.20.20.20.314.5%
Peru0.20.20.20.20.0%
Others0.10.10.10.10.0%
Total5.15.15.15.10.0%

Top Export Markets for Knitted or Crocheted Pile Fabrics from Venezuela in 2022:

  1. Colombia (455.0 kg)
  2. Peru (85.0 kg)
  3. Ecuador (38.0 kg)
  4. El Salvador (19.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; pile fabrics, including "long pile" fabrics and terry fabrics, knitted or crocheted - Venezuela