
Venezuela - Silk Shawls and Scarves - Market Analysis, Forecast, Size, Trends and Insights
Venezuela: Market for Silk Shawls And Scarves 2022
Market Size for Silk Shawls And Scarves in Venezuela
In 2021, the Venezuelan silk shawl and scarf market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption showed a deep contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Production of Silk Shawls And Scarves in Venezuela
In value terms, silk shawl and scarf production contracted to $X in 2021 estimated in export price. In general, production, however, recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. Silk shawl and scarf production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.
Exports of Silk Shawls And Scarves
Exports from Venezuela
In 2021, overseas shipments of silk shawls and scarves decreased by -X% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2020, and then contracted dramatically in the following year.
In value terms, silk shawl and scarf exports dropped markedly to $X in 2021. In general, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then contracted sharply in the following year.
Exports by Country
Chile (X units) was the main destination for silk shawl and scarf exports from Venezuela, accounting for a X% share of total exports. Moreover, silk shawl and scarf exports to Chile exceeded the volume sent to the second major destination, France (X units), threefold.
From 2012 to 2021, the average annual growth rate of volume to Chile amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Costa Rica (-X% per year).
In value terms, Chile ($X) emerged as the key foreign market for silk shawl and scarf exports from Venezuela, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Chile amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Costa Rica (-X% per year).
Export Prices by Country
The average silk shawl and scarf export price stood at $X per unit in 2021, surging by X% against the previous year. Over the period under review, the export price enjoyed a moderate increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Chile ($X per unit), while the average price for exports to Costa Rica ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+X%), while the prices for the other major destinations experienced a decline.
Imports of Silk Shawls And Scarves
Imports into Venezuela
In 2021, approx. X units of silk shawls and scarves were imported into Venezuela; which is down by -X% against the year before. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X units in 2020, and then dropped in the following year.
In value terms, silk shawl and scarf imports shrank slightly to $X in 2021. In general, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then reduced in the following year.
Imports by Country
In 2021, China (X units) constituted the largest silk shawl and scarf supplier to Venezuela, with a X% share of total imports. Moreover, silk shawl and scarf imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Thailand (-X% per year).
In value terms, China ($X) constituted the largest supplier of silk shawl and scarf to Venezuela, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with less than X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and Thailand (-X% per year).
Import Prices by Country
The average silk shawl and scarf import price stood at $X per unit in 2021, growing by less than X% against the previous year. In general, the import price, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for silk shawl and scarf in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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