Report Update Mar 1, 2025

Venezuela - Base Metal Flexible Tubing, Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Base Metal Flexible Tubing, Iron Or Steel 2025

Market Size for Base Metal Flexible Tubing, Iron Or Steel in Venezuela

In 2021, the Venezuelan base metal flexible tubing market decreased by -55.9% to $X, falling for the fifth year in a row after two years of growth. In general, consumption recorded a dramatic decrease. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Exports of Base Metal Flexible Tubing, Iron Or Steel

Exports from Venezuela

For the fifth year in a row, Venezuela recorded decline in overseas shipments of base metal flexible tubing, iron or steel, which decreased by -18.2% to X kg in 2021. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2013 with an increase of 64%. The exports peaked at X kg in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, base metal flexible tubing exports declined slightly to $X in 2021. In general, exports, however, saw a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of 72%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Panama (X kg) was the main destination for base metal flexible tubing exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Panama stood at -15.5%.

In value terms, Panama ($X) also remains the key foreign market for base metal flexible tubing, iron or steel exports from Venezuela.

From 2012 to 2021, the average annual rate of growth in terms of value to Panama stood at +12.7%.

Export Prices by Country

The average base metal flexible tubing export price stood at $X per ton in 2021, picking up by 17% against the previous year. Overall, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2019 an increase of 144% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Panama amounted to +33.5% per year.

Imports of Base Metal Flexible Tubing, Iron Or Steel

Imports into Venezuela

In 2021, approx. X tons of base metal flexible tubing, iron or steel were imported into Venezuela; with a decrease of -51.1% on 2020 figures. Over the period under review, imports showed a dramatic decrease. The most prominent rate of growth was recorded in 2015 when imports increased by 129%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, base metal flexible tubing imports shrank sharply to $X in 2021. Overall, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2015 with an increase of 137%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Peru (X kg), Hong Kong SAR (X kg) and Sweden (X kg) were the main suppliers of base metal flexible tubing imports to Venezuela, together accounting for 64% of total imports. These countries were followed by Costa Rica, Austria, Germany, China, Spain, the United States and Colombia, which together accounted for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Costa Rica (with a CAGR of +11.0%), while imports for the other leaders experienced a decline.

In value terms, Austria ($X) constituted the largest supplier of base metal flexible tubing, iron or steel to Venezuela, comprising 47% of total imports. The second position in the ranking was taken by Peru ($X), with a 17% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Austria stood at -19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-25.4% per year) and Germany (-32.1% per year).

Import Prices by Country

The average base metal flexible tubing import price stood at $X per ton in 2021, waning by -14.8% against the previous year. Overall, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 29% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Hong Kong SAR ($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 (+30.8%), 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 base metal flexible tubing, iron or steel in the world?

The country with the largest volume of base metal flexible tubing consumption was China, comprising approx. 26% of total volume. Moreover, base metal flexible tubing consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 9.3% share.

What are the largest producers of base metal flexible tubing, iron or steel in the world?

China remains the largest base metal flexible tubing producing country worldwide, comprising approx. 32% of total volume. Moreover, base metal flexible tubing production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 6.9% share.

What are the leading suppliers of base metal flexible tubing, iron or steel to Venezuela?

In value terms, Austria constituted the largest supplier of base metal flexible tubing to Venezuela, comprising 35% of total imports. The second position in the ranking was occupied by the United States, with a 17% share of total imports. It was followed by Peru, with a 14% share.

What is the average export price for base metal flexible tubing, iron or steel in Venezuela?

In 2019, the average base metal flexible tubing export price amounted to $111,556 per ton, approximately mirroring the previous year.

What is the average import price for base metal flexible tubing, iron or steel in Venezuela?

The average base metal flexible tubing import price stood at $6,876 per ton in 2020, waning by -40.6% against the previous year.

This report provides an in-depth analysis of the market for base metal flexible tubing 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 25992985 - Base metal flexible tubing excluding rubber tubing incorporating/fitted with external metallic reinforcements, f lexible tubing (form of machinery/vehicle parts), iron or steel

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024