Report Update Nov 1, 2024

Venezuela - Machines for Preparing, Weaving and Knitting Textiles - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Machines For Preparing, Weaving And Knitting Textiles 2024

Market Size for Machines For Preparing, Weaving And Knitting Textiles in Venezuela

In 2021, the Venezuelan market for machines for preparing, weaving and knitting textiles was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, faced a significant decline. Textile weaving and knitting machinery consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Machines For Preparing, Weaving And Knitting Textiles

Exports from Venezuela

In 2021, exports of machines for preparing, weaving and knitting textiles from Venezuela reduced sharply to X units, declining by -57.1% on the year before. Overall, exports recorded a sharp contraction. The pace of growth was the most pronounced in 2016 with an increase of 253% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, textile weaving and knitting machinery exports shrank sharply to $X in 2021. Over the period under review, exports faced a sharp contraction. The pace of growth was the most pronounced in 2018 with an increase of 366%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for textile weaving and knitting machinery exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +13.0%.

In value terms, the United States ($X), Colombia ($X) and the Dominican Republic ($X) constituted the largest markets for textile weaving and knitting machinery exported from Venezuela worldwide, together accounting for 95% of total exports.

Among the main countries of destination, the United States, with a CAGR of +41.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average export price for machines for preparing, weaving and knitting textiles amounted to $X per unit, picking up by 5.5% against the previous year. In general, the export price saw a prominent increase. The pace of growth appeared the most rapid in 2017 an increase of 82% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +25.0% per year.

Imports of Machines For Preparing, Weaving And Knitting Textiles

Imports into Venezuela

In 2021, supplies from abroad of machines for preparing, weaving and knitting textiles increased by 232% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, showed a sharp setback. The pace of growth appeared the most rapid in 2017 when imports increased by 494%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, textile weaving and knitting machinery imports soared to $X in 2021. Overall, imports, however, saw a precipitous decline. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

France (X units), Spain (X units) and China (X units) were the main suppliers of textile weaving and knitting machinery imports to Venezuela, with a combined 66% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of -4.9%), while purchases for the other leaders experienced a decline.

In value terms, the Czech Republic ($X), France ($X) and China ($X) appeared to be the largest textile weaving and knitting machinery suppliers to Venezuela, together comprising 50% of total imports.

The Czech Republic, with a CAGR of -9.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for machines for preparing, weaving and knitting textiles stood at $X per unit in 2021, falling by -6.8% against the previous year. Overall, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 160%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, 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 ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for preparing, weaving and knitting textiles in the world?

The countries with the highest volumes of in 2021 were China, the United States and South Africa, together comprising 42% of global consumption. Canada, Indonesia, India, Japan, Turkey, France, the UK, Germany, Italy and Belgium lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of machines for preparing, weaving and knitting textiles in the world?

The countries with the highest volumes of in 2021 were China, the United States and Japan, together comprising 49% of global production. These countries were followed by Germany, Canada, the Netherlands, Taiwan Chinese), India, Belgium, Indonesia, Italy, South Korea and France, which together accounted for a further 35%.

What are the leading suppliers of machines for preparing, weaving and knitting textiles to Venezuela?

In value terms, France constituted the largest supplier of textile weaving and knitting machinery to Venezuela, comprising 28% of total imports. The second position in the ranking was occupied by Brazil, with a 9.1% share of total imports. It was followed by the United States, with an 8.6% share.

What are the leading importers of machines for preparing, weaving and knitting textiles from Venezuela?

In value terms, the United States remains the key foreign market for textile weaving and knitting machinery exports from Venezuela, comprising 86% of total exports. The second position in the ranking was occupied by Panama, with a 10% share of total exports.

What is the average export price for machines for preparing, weaving and knitting textiles in Venezuela?

In 2021, the average export price for machines for preparing, weaving and knitting textiles amounted to $454 per unit, declining by -26.2% against the previous year.

What is the average import price for machines for preparing, weaving and knitting textiles in Venezuela?

The average import price for machines for preparing, weaving and knitting textiles stood at $926 per unit in 2021, with an increase of 19% against the previous year.

This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28941100 - Machines for extruding, drawing, texturing or cutting manmade textile materials, machines for preparing textile fibres
Prodcom 28941200 - Textile spinning machines, textile doubling, twisting, winding or reeling machines
Prodcom 28941300 - Weaving machines
Prodcom 28941430 - Circular knitting machines
Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
Prodcom 28941470 - Machines for making gimped yarn, tulle, lace, embroidery, t rimmings, braid or net, and machines for tufting

Country coverage:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023