Venezuela: Market for Anionic Surface-Active Agents (Excluding Soap) 2024

Market Size for Anionic Surface-Active Agents (Excluding Soap) in Venezuela

The Venezuelan market for anionic surface-active agents (excluding soap) declined rapidly to $X in 2021, with a decrease of -18.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted perceptible growth. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Exports of Anionic Surface-Active Agents (Excluding Soap)

Exports from Venezuela

In 2021, after four years of decline, there was significant growth in shipments abroad of anionic surface-active agents (excluding soap), when their volume increased by 91% to X tons. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 602% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, anionic surface-active agents (excl. soap) exports skyrocketed to $X in 2021. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 512%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Colombia (X tons), Costa Rica (X tons) and Brazil (X tons) were the main destinations of anionic surface-active agents (excl. soap) exports from Venezuela.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +637.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Costa Rica ($X) and Brazil ($X) constituted the largest markets for anionic surface-active agents (excl. soap) exported from Venezuela worldwide.

Brazil, with a CAGR of +419.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for anionic surface-active agents (excluding soap) amounted to $X per ton, jumping by 22% against the previous year. Over the period under review, the export price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was Brazil ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+50.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Anionic Surface-Active Agents (Excluding Soap)

Imports into Venezuela

Anionic surface-active agents (excl. soap) imports into Venezuela reduced rapidly to X tons in 2021, waning by -32.6% against 2020 figures. In general, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 223% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, anionic surface-active agents (excl. soap) imports reduced to $X in 2021. Overall, imports, however, enjoyed perceptible growth. The pace of growth appeared the most rapid in 2018 with an increase of 209% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Colombia (X tons) constituted the largest anionic surface-active agents (excl. soap) supplier to Venezuela, accounting for a 42% share of total imports. Moreover, anionic surface-active agents (excl. soap) imports from Colombia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. South Korea (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2021, the average annual growth rate of volume from Colombia amounted to +35.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.1% per year) and South Korea (+57.8% per year).

In value terms, Colombia ($X) constituted the largest supplier of anionic surface-active agents (excluding soap) to Venezuela, comprising 48% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by South Korea, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Colombia totaled +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.0% per year) and South Korea (+59.8% per year).

Import Prices by Country

In 2021, the average import price for anionic surface-active agents (excluding soap) amounted to $X per ton, picking up by 34% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+35.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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