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Report Venezuela - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Venezuela - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Synthetic Filament Tow Market 2022

Synthetic Filament Tow Market Size in Venezuela

In 2021, the Venezuelan synthetic filament tow market increased by 132% to $X, rising for the third year in a row after six years of decline. Over the period under review, consumption, however, showed a sharp decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Synthetic Filament Tow Exports

Exports from Venezuela

In 2021, shipments abroad of synthetic filament tow and staple fibers, not carded or combed was finally on the rise to reach X kg for the first time since 2013, thus ending a seven-year declining trend. In general, exports, however, faced a precipitous curtailment. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, synthetic filament tow exports shrank to $X in 2021. Overall, exports, however, saw a precipitous slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Colombia (X kg) and Aruba (X kg) were the main destinations of synthetic filament tow exports from Venezuela.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Aruba (with a CAGR of -7.6%).

From 2012 to 2021, the average annual rate of growth in terms of value to Colombia stood at -45.7%.

Export Prices by Country

The average synthetic filament tow export price stood at $X per ton in 2021, dropping by -69.4% against the previous year. Over the period under review, the export price faced a deep contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 49% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Colombia ($X per ton), while the average price for exports to Aruba stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-12.7%).

Synthetic Filament Tow Imports

Imports into Venezuela

In 2021, supplies from abroad of synthetic filament tow and staple fibers, not carded or combed increased by 108% to X tons, rising for the third consecutive year after six years of decline. Over the period under review, imports, however, showed a abrupt decrease. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, synthetic filament tow imports skyrocketed to $X in 2021. Overall, imports, however, faced a sharp setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X tons), China (X tons) and Turkey (X tons) were the main suppliers of synthetic filament tow imports to Venezuela, with a combined 60% 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 South Korea (with a CAGR of +2.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, South Korea ($X), Germany ($X) and China ($X) were the largest synthetic filament tow suppliers to Venezuela, with a combined 52% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +9.8%, 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

The average synthetic filament tow import price stood at $X per ton in 2021, picking up by 18% against the previous year. Overall, the import price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2017 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest synthetic filament tow consuming country worldwide, accounting for 22% of total volume. Moreover, synthetic filament tow consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Japan ranked third in terms of total consumption with a 4.7% share.
China remains the largest synthetic filament tow producing country worldwide, comprising approx. 26% of total volume. Moreover, synthetic filament tow production in China exceeded the figures recorded by the second-largest producer, South Korea, threefold. The United States ranked third in terms of total production with a 6.6% share.
In value terms, Taiwan Chinese), Germany and the United States were the largest synthetic filament tow suppliers to Venezuela, together accounting for 46% of total imports. These countries were followed by China, Turkey, Indonesia, South Korea, Panama, Peru, Costa Rica, Colombia and Thailand, which together accounted for a further 42%.
In value terms, Colombia $517) remains the key foreign market for synthetic filament tow exports from Venezuela.
In 2021, the average synthetic filament tow export price amounted to $1,139 per ton, with a decrease of -77.6% against the previous year.
In 2021, the average synthetic filament tow import price amounted to $1,256 per ton, surging by 13% against the previous year.

This report provides an in-depth analysis of the synthetic filament tow market 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 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601120 - Other polyamide tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601140 - Acrylic tow and staple, not carded, combed or otherwise processed for spinning
  • Prodcom 20601150 - Polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning
  • Prodcom 20601190 - Other synthetic tow and staple not carded, combed or otherwise processed for spinning

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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