Venezuela: Embroidery Market 2025

Embroidery Market Size in Venezuela

The Venezuelan embroidery market rose slightly to $X in 2022, picking up by X% against the previous year. Over the period under review, the total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Embroidery Production in Venezuela

In value terms, embroidery production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a resilient expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Embroidery production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Embroidery Exports

Exports from Venezuela

In 2020, approx. X kg of embroidery (without visible ground) in the piece were exported from Venezuela; approximately reflecting 2019 figures. In general, exports showed a sharp descent. The smallest decline of X% was in 2019. The exports peaked at X kg in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

In value terms, embroidery exports amounted to $X in 2020. Over the period under review, exports saw a deep slump. The smallest decline of X% was in 2019. The exports peaked at $X in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

Exports by Country

Sri Lanka (X kg) and Spain (X kg) were the main destinations of embroidery exports from Venezuela.

From 2014 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sri Lanka (with a CAGR of X%).

From 2014 to 2020, the average annual growth rate of value to Sri Lanka was relatively modest.

Export Prices by Country

The average embroidery export price stood at $X per ton in 2020, standing approx. at the previous year. Overall, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 a decrease of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2020, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Spain totaled $X per ton.

From 2014 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Embroidery Imports

Imports into Venezuela

After two years of growth, purchases abroad of embroidery (without visible ground) in the piece decreased by X% to X kg in 2022. Over the period under review, imports, however, continue to indicate a temperate expansion. The growth pace was the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, embroidery imports fell remarkably to $X in 2022. Overall, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X kg) constituted the largest supplier of embroidery to Venezuela, accounting for a X% share of total imports. Moreover, embroidery imports from Thailand exceeded the figures recorded by the second-largest supplier, the United States (X kg), fourfold. Spain (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Spain (X% per year).

In value terms, the United States ($X) constituted the largest supplier of embroidery (without visible ground) in the piece to Venezuela, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Panama, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Panama (X% per year).

Import Prices by Country

The average embroidery import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, embroidery import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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