Price for Tents of Synthetic Fibres in Venezuela - 2022

Contents:

  1. Price for Tents of Synthetic Fibres in Venezuela (CIF) - 2022
  2. Price for Tents of Synthetic Fibres in Venezuela (FOB) - 2022
  3. Imports of Tents of Synthetic Fibres in Venezuela
  4. Exports of Tents of Synthetic Fibres in Venezuela

Price for Tents of Synthetic Fibres in Venezuela (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $4,861 per ton, with a decrease of -24.8% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tents of synthetic fibres import price decreased by -43.6% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 56% against the previous year. As a result, import price reached the peak level of $9,182 per ton. From 2015 to 2022, the average import prices remained at a 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 Germany ($32,808 per ton), while the price for the United Arab Emirates ($3,644 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Synthetic Fibres in Venezuela (FOB) - 2022

The average tents of synthetic fibres export price stood at $28,768 per ton in 2022, rising by 56% against the previous year. In general, the export price saw a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($80,500 per ton), while the average price for exports to the United States ($16,936 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+40.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Synthetic Fibres in Venezuela

In 2022, imports of tents of synthetic fibreses into Venezuela skyrocketed to 213 tons, rising by 407% on 2021. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tents of synthetic fibres imports surged to $1M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tents of Synthetic Fibres in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.548.4158832223.8%
Panama14.720.833.345.045.2%
United States9.218.58.440.463.8%
United Arab EmiratesN/AN/AN/A16.10%
Germany31.911.913.712.5-26.8%
Others12.927.857.486.788.7%
Total93.31272711,033122.9%

Top Suppliers of Tents of Synthetic Fibres to Venezuela in 2022:

  1. China (198.1 tons)
  2. United Arab Emirates (4.4 tons)
  3. United States (3.7 tons)
  4. Panama (2.5 tons)
  5. Germany (0.4 tons)

Exports of Tents of Synthetic Fibres in Venezuela

In 2022, overseas shipments of tents of synthetic fibreses decreased by -54.6% to 362 kg, falling for the second consecutive year after two years of growth. In general, exports showed a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 5.9% against the previous year. As a result, the exports reached the peak of 994 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tents of synthetic fibres exports shrank rapidly to $10K in 2022. Over the period under review, exports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2020 when exports increased by 32%.

Export of Tents of Synthetic Fibres in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.013.77.15.9-16.1%
Taiwan (Chinese)N/AN/A5.7N/A0%
Others1.11.01.94.661.1%
Total11.114.714.710.4-2.1%

Top Export Markets for Tents of Synthetic Fibres from Venezuela in 2022:

  1. United States (346.0 kg)

Source: IndexBox Market Intelligence Platform

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