Price for Braids; in the Piece in Venezuela - 2022

Contents:

  1. Price for Braids; in the Piece in Venezuela (CIF) - 2022
  2. Price for Braids; in the Piece in Venezuela (FOB) - 2022
  3. Imports of Braids; in the Piece in Venezuela
  4. Exports of Braids; in the Piece in Venezuela

Price for Braids; in the Piece in Venezuela (CIF) - 2022

The average braids; in the piece import price stood at $5,704 per ton in 2022, reducing by -57.7% against the previous year. Overall, the import price recorded a slight decline. The pace of growth appeared the most rapid in 2019 an increase of 96% against the previous year. Over the period under review, average import prices hit record highs at $21,247 per ton in 2020; however, from 2021 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 Germany ($142,656 per ton), while the price for China ($2,636 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+17.2%), while the prices for the other major suppliers experienced a decline.

Price for Braids; in the Piece in Venezuela (FOB) - 2022

The average braids; in the piece export price stood at $18,167 per ton in 2022, increasing by 25% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2015 an increase of 100% against the previous year. Over the period under review, the average export prices reached the maximum at $36,600 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +9.2% per year.

Imports of Braids; in the Piece in Venezuela

For the fourth consecutive year, Venezuela recorded growth in purchases abroad of braids; in the pieces, which increased by 677% to 21 tons in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, braids; in the piece imports surged to $122K in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Braids; in the Piece in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.211.225.264.3107.5%
China0.71.57.154.1326.0%
Others1.01.11.83.348.9%
Total8.913.934.1122139.3%

Top Suppliers of Braids; in the Piece to Venezuela in 2022:

  1. China (20.5 tons)
  2. Germany (0.5 tons)

Exports of Braids; in the Piece in Venezuela

In 2022, overseas shipments of braids; in the pieces were finally on the rise to reach 18 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt setback.

In value terms, braids; in the piece exports skyrocketed to $327 in 2022. In general, exports, however, continue to indicate a drastic downturn.

Export of Braids; in the Piece in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama45233827.0327-10.2%
ChileN/AN/A162N/A0%
OthersN/AN/AN/AN/A0%
Total452338189327-10.2%

Top Export Markets for Braids; in the Piece from Venezuela in 2022:

  1. Panama (18.0 kg)

Source: IndexBox Market Intelligence Platform

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