Report Update Nov 1, 2024

Venezuela - Woven Fabrics of Flax - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Flax Fabric Market 2024

Flax Fabric Market Size in Venezuela

The Venezuelan flax fabric market totaled $X in 2022, almost unchanged from the previous year. Over the period under review, consumption posted significant growth. The most prominent rate of growth was recorded in 2021 with a decrease of 99.9% against the previous year. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Flax Fabric Production in Venezuela

In value terms, flax fabric production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt slump. Flax fabric production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Flax Fabric Exports

Exports from Venezuela

In 2022, the amount of woven fabrics of flax exported from Venezuela was estimated at X kg, standing approx. at the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, flax fabric exports soared to $X in 2022. In general, exports saw a precipitous slump. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X kg) and the United States (X kg) were the main destinations of flax fabric exports from Venezuela. Moreover, flax fabric exports in Australia exceeded the figures recorded by the second-largest exporter, the United States, twofold.

From 2020 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of 0.0%).

In value terms, the largest markets for flax fabric exported from Venezuela were Australia ($X) and the United States ($X).

In terms of the main countries of destination, the United States, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average flax fabric export price stood at $X per ton in 2022, approximately equating the previous year. In general, the export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2021 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Australia amounted to $X per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Flax Fabric Imports

Imports into Venezuela

In 2022, flax fabric imports into Venezuela surged to X kg, increasing by 212% against 2021 figures. Over the period under review, imports, however, continue to indicate a significant decline. Imports peaked at X kg in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, flax fabric imports surged to $X in 2022. In general, imports, however, saw a sharp descent. The pace of growth was the most pronounced in 2017 when imports increased by 346%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Taiwan (Chinese) (X kg) constituted the largest supplier of flax fabric to Venezuela, with a 53% share of total imports. Moreover, flax fabric imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Chile (X kg), threefold. The third position in this ranking was taken by the United States (X kg), with a 7.4% share.

From 2020 to 2022, the average annual rate of growth in terms of volume from Taiwan (Chinese) totaled +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (0.0% per year) and the United States (-26.4% per year).

In value terms, Chile ($X), the United States ($X) and France ($X) constituted the largest flax fabric suppliers to Venezuela, together accounting for 87% of total imports.

France, with a CAGR of +2.9%, 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 mixed trend patterns.

Import Prices by Country

The average flax fabric import price stood at $X per ton in 2022, dropping by -56.3% against the previous year. Overall, the import price showed a precipitous decrease. The growth pace was the most rapid in 2021 when the average import price increased by 33%. As a result, import price reached the peak level of $X per ton, and then dropped sharply in the following year.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of flax in the world?

The countries with the highest volumes of in 2021 were China, Afghanistan and the United States, with a combined 32% share of global consumption.

What are the largest producers of woven fabrics of flax in the world?

China remains the largest flax fabric producing country worldwide, comprising approx. 41% of total volume. Moreover, flax fabric production in China exceeded the figures recorded by the second-largest producer, Russia, fivefold. The third position in this ranking was occupied by India, with an 8.3% share.

What are the leading suppliers of woven fabrics of flax to Venezuela?

In value terms, Taiwan Chinese) constituted the largest supplier of flax fabric to Venezuela, comprising 64% of total imports. The second position in the ranking was occupied by China, with a 10% share of total imports. It was followed by Chile, with an 8.6% share.

What is the average export price for woven fabrics of flax in Venezuela?

The average flax fabric export price stood at $48,864 per ton in 2020, standing approx. at the previous year.

What is the average import price for woven fabrics of flax in Venezuela?

In 2021, the average flax fabric import price amounted to $7,279 per ton, rising by 18% against the previous year.

This report provides an in-depth analysis of the flax fabric 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 13201330 - Woven fabrics of flax, containing . .85 % by weight of flax
Prodcom 13201360 - Woven fabrics of flax, containing < .85 % by weight of flax

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