Venezuela: Bentonite Market 2021

Bentonite Market Size in Venezuela

The Venezuelan bentonite market dropped to $X in 2019, approximately mirroring 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). Overall, consumption, however, faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2012 to 2019, the growth of the market remained at a lower figure.

Bentonite Exports

Exports from Venezuela

In 2019, overseas shipments of bentonite decreased by -X% to X tons, falling for the fifth year in a row after four years of growth. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. Venezuela exports peaked at X tons in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, bentonite exports stood at $X in 2019. Over the period under review, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Venezuela exports peaked in 2019 and are likely to see gradual growth in the immediate term.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the major exporters of bentonite, together committing X% of total exports. The following exporters - Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) - together made up X% of total exports.

From 2007 to 2019, the biggest increases were in Greece, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries from Venezuela were the U.S. ($X), Turkey ($X) and India ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Turkey recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The bentonite export price in Venezuela stood at $X per ton in 2019, rising by X% against the previous year. Over the period under review, the export price posted a remarkable increase. The pace of growth was the most pronounced in 2008 when the export price increased by X% against the previous year. Venezuela export price peaked in 2019 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Venezuela

In 2019, overseas purchases of bentonite were finally on the rise to reach X tons after four years of decline. Over the period under review, imports, however, recorded a sharp curtailment. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. As a result, imports attained the peak of X tons. From 2012 to 2019, the growth imports failed to regain the momentum.

In value terms, bentonite imports dropped to $X in 2019. In general, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, Germany (X tons), Canada (X tons), Indonesia (X tons), the Netherlands (X tons), Malaysia (X tons), Poland (X tons), Russia (X tons), Saudi Arabia (X tons), Thailand (X tons), the UK (X tons), Japan (X tons) and France (X tons) was the major importer of bentonite in the world, mixing up X% of total import. Italy (X tons) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Canada ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports. Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the bentonite import price in Venezuela amounted to $X per ton, declining by -X% against the previous year. Over the period under review, import price indicated prominent growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, bentonite import price decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2008 when the import price increased by X% against the previous year. Venezuela import price peaked at $X per ton in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :