Venezuela: Sleeping Bag Market 2024

Sleeping Bag Market Size in Venezuela

The Venezuelan sleeping bag market reduced to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption recorded a perceptible downturn. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Sleeping Bag Production in Venezuela

In value terms, sleeping bag production declined to $X in 2022 estimated in export price. Overall, production saw a noticeable decline. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Sleeping Bag Exports

Exports from Venezuela

In 2022, shipments abroad of sleeping bags decreased by X% to X units, falling for the second year in a row after two years of decline. Overall, exports faced a significant curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, sleeping bag exports shrank significantly to $X in 2022. Over the period under review, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Luxembourg (X units) was the main destination for sleeping bag exports from Venezuela, accounting for a X% share of total exports. Moreover, sleeping bag exports to Luxembourg exceeded the volume sent to the second major destination, Spain (X units), sixfold. The third position in this ranking was taken by the Dominican Republic (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Luxembourg totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the Dominican Republic (X% per year).

In value terms, Luxembourg ($X) remains the key foreign market for sleeping bags exports from Venezuela, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports. It was followed by the Dominican Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Luxembourg amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the Dominican Republic (X% per year).

Export Prices by Country

The average sleeping bag export price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per unit), while the average price for exports to Costa Rica ($X 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 Luxembourg (X%), while the prices for the other major destinations experienced a decline.

Sleeping Bag Imports

Imports into Venezuela

After four years of growth, overseas purchases of sleeping bags decreased by X% to X units in 2022. In general, imports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2016 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sleeping bag imports totaled $X in 2022. Over the period under review, imports faced a precipitous descent. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and the United States (X units) were the main suppliers of sleeping bag imports to Venezuela, with a combined X% share of total imports. Peru and Panama lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Italy ($X) and the United States ($X) appeared to be the largest sleeping bag suppliers to Venezuela, with a combined X% share of total imports. Panama and Peru lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Peru, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sleeping bag import price stood at $X per unit in 2022, growing by X% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sleeping bag import price decreased by X% against 2017 indices. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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