Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Venezuela - 2022

Contents:

  1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Venezuela (CIF) - 2022
  2. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Venezuela (FOB) - 2022
  3. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Venezuela
  4. Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Venezuela

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Venezuela (CIF) - 2022

The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $4 per unit in 2022, rising by 13% against the previous year. Overall, the import price, however, saw a slight downturn. The most prominent rate of growth was recorded in 2015 an increase of 53% against the previous year. The import price peaked at $11 per unit in 2016; however, from 2017 to 2022, import prices stood 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 Panama ($15 per unit), while the price for Chile ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Venezuela (FOB) - 2022

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $5.3 per unit, shrinking by -4.7% against the previous year. Overall, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 23%. The export price peaked at $14 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($46 per unit), while the average price for exports to Chile ($3.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+40.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Venezuela

In 2022, imports of track suits; of synthetic fibres, knitted or crocheteds into Venezuela dropped dramatically to 3.9K units, which is down by -84.2% on the previous year. Over the period under review, imports saw a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 408%. As a result, imports attained the peak of 25K units, and then contracted significantly in the following year.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds declined dramatically to $15K in 2022. In general, imports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 256% against the previous year. As a result, imports reached the peak of $86K, and then contracted dramatically in the following year.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.36.325.24.1-32.4%
Germany4.53.510.61.8-26.3%
Chile2.10.85.91.6-8.7%
Italy2.72.27.11.4-19.7%
Colombia5.32.78.31.4-35.8%
United States4.22.76.91.4-30.7%
Peru5.72.35.70.8-48.0%
India30.7N/AN/AN/A0%
Others3.73.816.53.0-6.8%
Total72.224.286.215.4-40.3%

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Venezuela in 2022:

  1. Chile (1569.0 units)
  2. China (1030.0 units)
  3. Germany (343.0 units)
  4. United States (285.0 units)
  5. Colombia (143.0 units)
  6. Peru (119.0 units)
  7. Italy (114.0 units)

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Venezuela

In 2022, after two years of decline, there was significant growth in shipments abroad of track suits; of synthetic fibres, knitted or crocheteds, when their volume increased by 23% to 49 units. Overall, exports, however, saw a precipitous descent. Over the period under review, the exports of reached the maximum at 271 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds surged to $258 in 2022. Over the period under review, exports, however, continue to indicate a dramatic decline. Over the period under review, the exports of hit record highs at $2.4K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain49216250.085.0-44.3%
Chile71.024080.072.00.5%
Costa Rica10110343.049.0-21.4%
Dominican Republic16113748.046.0-34.1%
United Arab EmiratesN/AN/AN/A6.00%
Panama390N/AN/AN/A0%
Switzerland65.0N/AN/AN/A0%
Poland1,080N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2,360642221258-52.2%

Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Venezuela in 2022:

  1. Spain (22.0 units)
  2. Chile (21.0 units)
  3. Costa Rica (4.0 units)
  4. United Arab Emirates (1.0 units)
  5. Dominican Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

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