Report Update Mar 1, 2025

Venezuela - Base Metal Hooks, Eyes and Eyelets - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Base Metal Hook Market 2025

Base Metal Hook Market Size in Venezuela

In 2022, the Venezuelan base metal hook market decreased by -44.7% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption showed a deep reduction. Base metal hook consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Base Metal Hook Exports

Exports from Venezuela

In 2022, overseas shipments of base metal hooks, eyes and eyelets were finally on the rise to reach X kg after two years of decline. Over the period under review, exports showed strong growth. The pace of growth appeared the most rapid in 2014 with an increase of 400%. The exports peaked at X kg in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, base metal hook exports stood at $X in 2022. In general, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 29% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Dominican Republic (X kg) was the main destination for base metal hook exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Dominican Republic amounted to +45.3%.

In value terms, the Dominican Republic ($X) also remains the key foreign market for base metal hooks, eyes and eyelets exports from Venezuela.

From 2012 to 2022, the average annual growth rate of value to the Dominican Republic amounted to +68.1%.

Export Prices by Country

The average base metal hook export price stood at $X per ton in 2022, with a decrease of -2.4% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 156%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +15.7% per year.

Base Metal Hook Imports

Imports into Venezuela

In 2022, after two years of growth, there was significant decline in purchases abroad of base metal hooks, eyes and eyelets, when their volume decreased by -54.2% to X tons. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by 396% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, base metal hook imports contracted notably to $X in 2022. In general, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 277%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of base metal hook to Venezuela, with a 87% share of total imports. Moreover, base metal hook imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), more than tenfold. Panama (X kg) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+1.9% per year) and Panama (-6.0% per year).

In value terms, China ($X) constituted the largest supplier of base metal hooks, eyes and eyelets to Venezuela, comprising 60% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 27% share of total imports. It was followed by Panama, with a 4.9% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+12.1% per year) and Panama (+2.2% per year).

Import Prices by Country

The average base metal hook import price stood at $X per ton in 2022, increasing by 38% against the previous year. In general, the import price recorded a resilient expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 50% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.4%), 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 hooks, eyes and eyelets in the world?

The country with the largest volume of base metal hook consumption was China, accounting for 38% of total volume. Moreover, base metal hook consumption in China exceeded the figures recorded by the second-largest consumer, India, fivefold. The third position in this ranking was occupied by the United States, with a 7.1% share.

What are the largest producers of base metal hooks, eyes and eyelets in the world?

China constituted the country with the largest volume of base metal hook production, accounting for 58% of total volume. Moreover, base metal hook production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The United States ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of base metal hooks, eyes and eyelets to Venezuela?

In value terms, China constituted the largest supplier of base metal hook to Venezuela, comprising 61% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with an 18% share of total imports. It was followed by Taiwan Chinese), with a 5.3% share.

What are the leading importers of base metal hooks, eyes and eyelets from Venezuela?

In value terms, the Dominican Republic $182) remains the key foreign market for base metal hook exports from Venezuela.

What is the average export price for base metal hooks, eyes and eyelets in Venezuela?

The average base metal hook export price stood at $3,714 per ton in 2021, which is down by -37.8% against the previous year.

What is the average import price for base metal hooks, eyes and eyelets in Venezuela?

The average base metal hook import price stood at $6,451 per ton in 2021, rising by 26% against the previous year.

This report provides an in-depth analysis of the base metal hook 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 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons

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