Report Update Nov 1, 2024

Venezuela - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Abs Copolymers Market 2024

Abs Copolymers Market Size in Venezuela

The Venezuelan ABS copolymers market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption saw moderate growth. Consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Abs Copolymers Production in Venezuela

In value terms, ABS copolymers production soared to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 62% against the previous year. Production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Abs Copolymers Exports

Exports from Venezuela

ABS copolymers exports from Venezuela was estimated at X tons in 2021, therefore, remained relatively stable against the previous year's figure. Over the period under review, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2014. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, ABS copolymers exports amounted to $X in 2021. Overall, exports posted a prominent increase. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

Exports by Country

Malaysia (X tons) was the main destination for ABS copolymers exports from Venezuela, accounting for a approx. 87% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to Malaysia was relatively modest.

From 2013 to 2021, the average annual growth rate of value to Malaysia was relatively modest.

Export Prices by Country

The average ABS copolymers export price stood at $X per ton in 2021, almost unchanged from the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2013 to 2021, the rate of growth in terms of prices for Malaysia amounted to 0.0% per year.

Abs Copolymers Imports

Imports into Venezuela

In 2021, after three years of decline, there was significant growth in supplies from abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms, when their volume increased by 74% to X tons. Over the period under review, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 285% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, ABS copolymers imports soared to $X in 2021. Overall, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of 216%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, South Korea (X tons) constituted the largest ABS copolymers supplier to Venezuela, accounting for a 51% share of total imports. Moreover, ABS copolymers imports from South Korea exceeded the figures recorded by the second-largest supplier, Mexico (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume from South Korea amounted to +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-8.8% per year) and Taiwan (Chinese) (-20.2% per year).

In value terms, the largest ABS copolymers suppliers to Venezuela were Mexico ($X), South Korea ($X) and China ($X), together accounting for 72% of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +2.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average ABS copolymers import price stood at $X per ton in 2021, declining by -18.1% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 56% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+25.2%), 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 acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in the world?

The countries with the highest volumes of abs copolymers consumption in 2020 were China, Taiwan Chinese) and the United States, with a combined 48% share of global consumption. Indonesia, Japan, Mexico, Nigeria, Malaysia, Vietnam, Germany, Turkey, South Korea and Iran lagged somewhat behind, together comprising a further 24%.

What are the largest producers of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in the world?

The countries with the highest volumes of abs copolymers production in 2020 were South Korea, Taiwan Chinese) and the United States, with a combined 49% share of global production. These countries were followed by Belgium, Japan, Malaysia, Indonesia, the Netherlands, Nigeria, Mexico, Iran, Thailand and Democratic Republic of the Congo, which together accounted for a further 32%.

What are the leading suppliers of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms to Venezuela?

In value terms, the largest abs copolymers suppliers to Venezuela were Mexico, Taiwan Chinese) and South Korea, with a combined 68% share of total imports.

What is the average export price for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Venezuela?

The average abs copolymers export price stood at $1,237 per ton in 2013, flattening at the previous year.

What is the average import price for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Venezuela?

The average abs copolymers import price stood at $1,341 per ton in 2020, leveling off at the previous year.

This report provides an in-depth analysis of the abs copolymers 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 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms

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