Report Update Nov 1, 2024

Venezuela - Borates, Peroxoborates (Perborates) - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Borates And Perborates Market 2024

Borates And Perborates Market Size in Venezuela

For the fourth consecutive year, the Venezuelan borates and perborates market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption recorded a precipitous decline. Borates and perborates consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Borates And Perborates Exports

Exports from Venezuela

In 2016, shipments abroad of borates, peroxoborates (perborates) decreased by X% to X kg, falling for the second year in a row after two years of growth. In general, exports recorded a sharp decline. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2016, the growth of the exports failed to regain momentum.

In value terms, borates and perborates exports dropped markedly to $X in 2016. Over the period under review, exports faced a dramatic decline. The smallest decline of X% was in 2014. The exports peaked at $X in 2013; however, from 2014 to 2016, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X kg) was the main destination for borates and perborates exports from Venezuela, accounting for a approx. X% share of total exports.

From 2013 to 2016, the average annual growth rate of volume to Paraguay amounted to X%.

In value terms, Paraguay ($X) also remains the key foreign market for borates, peroxoborates (perborates) exports from Venezuela.

From 2013 to 2016, the average annual rate of growth in terms of value to Paraguay totaled X%.

Export Prices by Country

In 2016, the average borates and perborates export price amounted to $X per ton, rising by X% against the previous year. In general, the export price enjoyed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2016, the rate of growth in terms of prices for Paraguay amounted to X% per year.

Borates And Perborates Imports

Imports into Venezuela

In 2022, the amount of borates, peroxoborates (perborates) imported into Venezuela reduced remarkably to X tons, waning by X% against 2021 figures. Overall, imports showed a precipitous slump. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, borates and perborates imports reduced notably to $X in 2022. In general, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Colombia (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of borates and perborates imports to Venezuela, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Colombia ($X) and Canada ($X) constituted the largest borates and perborates suppliers to Venezuela, together accounting for X% of total imports.

Among the main suppliers, Colombia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average borates and perborates import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price enjoyed a measured increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (X%), 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 borates, peroxoborates (perborates) in the world?

The countries with the highest volumes of in 2021 were Turkey, China and the United States, together accounting for 71% of global consumption.

What are the largest producers of borates, peroxoborates (perborates) in the world?

The country with the largest volume of borates and perborates production was Turkey, comprising approx. 65% of total volume. Moreover, borates and perborates production in Turkey exceeded the figures recorded by the second-largest producer, the United States, twofold.

What are the leading suppliers of borates, peroxoborates (perborates) to Venezuela?

In value terms, Italy, Colombia and the United States constituted the largest borates and perborates suppliers to Venezuela, with a combined 46% share of total imports.

What are the leading importers of borates, peroxoborates (perborates) from Venezuela?

In value terms, Paraguay remains the key foreign market for borates and perborates exports from Venezuela.

What is the average export price for borates, peroxoborates (perborates) in Venezuela?

The average borates and perborates export price stood at $8,003 per ton in 2016, increasing by 156% against the previous year.

What is the average import price for borates, peroxoborates (perborates) in Venezuela?

The average borates and perborates import price stood at $1,059 per ton in 2021, picking up by 19% against the previous year.

This report provides an in-depth analysis of the borates and perborates 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 20136230 - Borates, peroxoborates (perborates)

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