Report Update Nov 1, 2024

Venezuela - Ammonium Sulphate - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Ammonium Sulphate Market 2024

Ammonium Sulphate Market Size in Venezuela

The Venezuelan ammonium sulphate market shrank to $X in 2022, declining by -4.2% against the previous year. Overall, consumption showed a abrupt downturn. Ammonium sulphate consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ammonium Sulphate Production in Venezuela

In value terms, ammonium sulphate production fell modestly to $X in 2022 estimated in export price. Overall, production saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 127%. Ammonium sulphate production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ammonium Sulphate Imports

Imports into Venezuela

In 2022, after two years of growth, there was significant decline in overseas purchases of ammonium sulphate, when their volume decreased by -24.4% to X tons. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 487% against the previous year. Imports peaked at X tons in 2021, and then fell sharply in the following year.

In value terms, ammonium sulphate imports declined sharply to $X in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 594%. Imports peaked at $X in 2021, and then fell significantly in the following year.

Imports by Country

Brazil (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of ammonium sulphate imports to Venezuela, with a combined 62% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +48.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ammonium sulphate suppliers to Venezuela were Brazil ($X), Italy ($X) and Spain ($X), together accounting for 77% of total imports. These countries were followed by Germany, which accounted for a further 12%.

In terms of the main suppliers, Germany, with a CAGR of +45.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ammonium sulphate import price stood at $X per ton in 2022, reducing by -4.5% against the previous year. In general, the import price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2021 an increase of 76%. As a result, import price attained the peak level of $X per ton, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+19.6%), 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 ammonium sulphate in the world?

The countries with the highest volumes of ammonium sulphate consumption in 2021 were Brazil, the United States and Indonesia, with a combined 32% share of global consumption. Russia, China, Vietnam, Turkey, India, Mexico, Canada, Belgium, the Philippines and Taiwan Chinese) lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of ammonium sulphate in the world?

China remains the largest ammonium sulphate producing country worldwide, accounting for 34% of total volume. Moreover, ammonium sulphate production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Belgium ranked third in terms of total production with a 7.7% share.

What are the leading suppliers of ammonium sulphate to Venezuela?

In value terms, Germany, Italy and Spain constituted the largest ammonium sulphate suppliers to Venezuela, with a combined 100% share of total imports.

What is the average import price for ammonium sulphate in Venezuela?

The average ammonium sulphate import price stood at $304 per ton in 2021, falling by -12.3% against the previous year.

This report provides an in-depth analysis of the ammonium sulphate 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:

FCL 4002 -

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