Venezuela: Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings 2022

Market Size for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Venezuela

In 2021, after five years of growth, there was significant decline in the Venezuelan market for braids in the piece, tassels and pompons, ornamental trimmings, when its value decreased by -X% to $X. In general, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2015 indices. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Venezuela

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings fell to $X in 2021 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Production of peaked at $X in 2020, and then shrank in the following year.

Exports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Exports from Venezuela

Exports of braids in the piece, tassels and pompons, ornamental trimmings from Venezuela fell dramatically to X kg in 2021, which is down by -X% compared with the previous year. In general, exports continue to indicate a dramatic descent. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at X kg in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings reached $X in 2021. Overall, exports continue to indicate a abrupt downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X kg) was the main destination for exports of braids in the piece, tassels and pompons, ornamental trimmings from Venezuela, accounting for a X% share of total exports. Moreover, exports of braids in the piece, tassels and pompons, ornamental trimmings to Spain exceeded the volume sent to the second major destination, Aruba (X kg), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain stood at +X%.

In value terms, Spain ($X) remains the key foreign market for braids, tassels, pompons and ornamental trimmings exports from Venezuela, comprising X% of total exports. The second position in the ranking was held by Aruba ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Spain amounted to +X%.

Export Prices by Country

The average export price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, growing by X% against the previous year. Overall, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2018 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 expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Spain ($X per ton), while the average price for exports to Aruba totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+X%).

Imports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Imports into Venezuela

In 2021, approx. X tons of braids in the piece, tassels and pompons, ornamental trimmings were imported into Venezuela; waning by -X% compared with the previous year. Over the period under review, imports faced a dramatic contraction. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings expanded rapidly to $X in 2021. In general, imports recorded a sharp contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Syrian Arab Republic (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of imports of braids in the piece, tassels and pompons, ornamental trimmings to Venezuela, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Syrian Arab Republic (with a CAGR of -X%), while imports for the other leaders experienced a decline.

In value terms, the largest braids, tassels, pompons and ornamental trimmings suppliers to Venezuela were Syrian Arab Republic ($X), China ($X) and Taiwan (Chinese) ($X), together accounting for X% of total imports.

Among the main suppliers, Syrian Arab Republic, with a CAGR of -X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average import price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2015 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Panama ($X per ton), while the price for Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform