Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Venezuela - 2022

Contents:

  1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Venezuela (CIF) - 2022
  2. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Venezuela

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Venezuela (CIF) - 2022

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $4,078 per ton in 2022, reducing by -10.1% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth was the most pronounced in 2014 an increase of 88% against the previous year. The import price peaked at $7,520 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($9,396 per ton), while the price for Panama ($31 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-5.2%), while the prices for the other major suppliers experienced a decline.

Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Venezuela

In 2022, supplies from abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings was finally on the rise to reach 11 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings soared to $43K in 2022. Overall, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru27.96.45.042.214.8%
United States0.1N/AN/A0.791.3%
China0.50.1N/A0.3-15.7%
Colombia0.40.1N/A0.2-20.6%
ItalyN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total28.96.55.143.414.5%

Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Venezuela in 2022:

  1. Peru (4.5 tons)
  2. United States (3.4 tons)
  3. China (1.4 tons)
  4. Colombia (0.8 tons)
  5. Italy (0.5 tons)

Source: IndexBox Market Intelligence Platform

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