Venezuela: Women’S Bathrobe Market 2022

Women’S Bathrobe Market Size in Venezuela

In 2021, the Venezuelan women’s bathrobe market decreased by -4.3% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption recorded a pronounced setback. Women’s bathrobe consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Women’S Bathrobe Production in Venezuela

In value terms, women’s bathrobe production fell to $X in 2021 estimated in export price. In general, production showed a perceptible downturn. The growth pace was the most rapid in 2017 when the production volume increased by 45% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Women’S Bathrobe Exports

Exports from Venezuela

In 2021, shipments abroad of women’s negligees, bathrobes and dressing gowns of knitted or crocheted textiles was finally on the rise to reach X units after two years of decline. In general, exports showed strong growth. The growth pace was the most rapid in 2018 when exports increased by 268%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, women’s bathrobe exports expanded notably to $X in 2021. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of 248% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X units), Portugal (X units) and El Salvador (X units) were the main destinations of women’s bathrobe exports from Venezuela, with a combined 79% share of total exports. These countries were followed by Bolivia, Chile and Costa Rica, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +30.5%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Portugal ($X) and El Salvador ($X) appeared to be the largest markets for women’s bathrobe exported from Venezuela worldwide, with a combined 84% share of total exports.

In terms of the main countries of destination, Chile, with a CAGR of +25.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average women’s bathrobe export price amounted to $X per unit, rising by 3.3% against the previous year. Over the period under review, the export price, however, recorded a perceptible decrease. The pace of growth appeared the most rapid in 2019 an increase of 3.3%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per unit), while the average price for exports to Spain ($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 Guatemala (+54.5%), while the prices for the other major destinations experienced mixed trend patterns.

Women’S Bathrobe Imports

Imports into Venezuela

Women’s bathrobe imports into Venezuela soared to X units in 2021, growing by 43% against the year before. In general, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 81%. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, women’s bathrobe imports surged to $X in 2021. Overall, imports posted prominent growth. The growth pace was the most rapid in 2018 when imports increased by 86% against the previous year. Over the period under review, imports hit record highs at $X in 2016; afterwards, it flattened through to 2021.

Imports by Country

In 2021, China (X units) was the main supplier of women’s bathrobe to Venezuela, with a 98% share of total imports. It was followed by Panama (X units), with a 0.6% share of total imports. The third position in this ranking was taken by the United States (X units), with a 0.2% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-32.2% per year) and the United States (-29.9% per year).

In value terms, China ($X) constituted the largest supplier of women’s bathrobe to Venezuela, comprising 88% of total imports. The second position in the ranking was held by Panama ($X), with a 5.8% share of total imports. It was followed by the United States, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-12.0% per year) and the United States (-10.1% per year).

Import Prices by Country

In 2021, the average women’s bathrobe import price amounted to $X per unit, rising by 5.2% against the previous year. In general, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, women’s bathrobe import price increased by +75.7% against 2016 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 42% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Panama ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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