Venezuela: Curtains Market 2024

Curtains Market Size in Venezuela

The Venezuelan curtains market shrank markedly to $X in 2022, which is down by -22.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a precipitous contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Curtains Exports

Exports from Venezuela

Curtains exports from Venezuela reached X square meters in 2022, picking up by 4.2% on 2021 figures. In general, exports saw prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 287% against the previous year. The exports peaked at X square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, curtains exports expanded sharply to $X in 2022. Over the period under review, exports, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2018 with an increase of 95%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Panama (X square meters) was the main destination for curtains exports from Venezuela, with a 57% share of total exports. Moreover, curtains exports to Panama exceeded the volume sent to the second major destination, Costa Rica (X square meters), threefold. The third position in this ranking was held by Chile (X square meters), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Panama stood at +11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+0.1% per year) and Chile (-1.2% per year).

In value terms, Panama ($X) remains the key foreign market for curtains and interior blinds exports from Venezuela, comprising 63% of total exports. The second position in the ranking was taken by Chile ($X), with a 25% share of total exports. It was followed by Costa Rica, with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Panama amounted to +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+0.0% per year) and Costa Rica (-6.8% per year).

Export Prices by Country

In 2022, the average curtains export price amounted to $X per square meter, picking up by 3.9% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by 110% against the previous year. The export price peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per square meter), while the average price for exports to Costa Rica ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+1.2%), while the prices for the other major destinations experienced a decline.

Curtains Imports

Imports into Venezuela

In 2022, the amount of curtains and interior blinds imported into Venezuela shrank markedly to X square meters, waning by -24.4% against the year before. Overall, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 194% against the previous year. Imports peaked at X square meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, curtains imports reduced sharply to $X in 2022. In general, imports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2019 with an increase of 114%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of curtains to Venezuela, with a 81% share of total imports. Moreover, curtains imports from China exceeded the figures recorded by the second-largest supplier, Panama (X square meters), ninefold. Costa Rica (X square meters) ranked third in terms of total imports with a 2.3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-33.0% per year) and Costa Rica (-13.1% per year).

In value terms, China ($X) constituted the largest supplier of curtains and interior blinds to Venezuela, comprising 71% of total imports. The second position in the ranking was taken by Panama ($X), with a 15% share of total imports. It was followed by the United States, with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-27.9% per year) and the United States (-31.0% per year).

Import Prices by Country

In 2022, the average curtains import price amounted to $X per square meter, rising by 4.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 62% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :