Venezuela: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Venezuela

In 2022, after two years of growth, there was significant decline in the Venezuelan market for cellular plates, sheets and films of polyymers of styrene, when its value decreased by -37.1% to $X. Over the period under review, consumption showed a sharp descent. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Venezuela

Exports of cellular plates, sheets and films of polyymers of styrene from Venezuela was estimated at X kg in 2022, leveling off at the year before. Overall, exports saw a deep slump. The pace of growth appeared the most rapid in 2013 when exports increased by 215% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene rose remarkably to $X in 2022. In general, exports recorded a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of 504%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Guyana (X kg) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene 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 Guyana amounted to -5.8%.

In value terms, Guyana ($X) also remains the key foreign market for cellular plates, sheets and films of polyymers of styrene exports from Venezuela.

From 2012 to 2022, the average annual rate of growth in terms of value to Guyana stood at -5.3%.

Export Prices by Country

In 2022, the average export price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, surging by 12% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 92% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Guyana amounted to +0.5% per year.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Venezuela

In 2022, after two years of growth, there was significant decline in supplies from abroad of cellular plates, sheets and films of polyymers of styrene, when their volume decreased by -34.4% to X tons. Overall, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2013 with an increase of 431%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene contracted remarkably to $X in 2022. In general, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 712% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of polystyrene cellular plates, sheets and films to Venezuela, with a 68% share of total imports. Moreover, imports of cellular plates, sheets and films of polyymers of styrene from Germany exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fivefold. The third position in this ranking was held by China (X kg), with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled -27.5%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-20.0% per year) and China (-32.7% per year).

In value terms, Germany ($X) constituted the largest supplier of cellular plates, sheets and films of polyymers of styrene to Venezuela, comprising 79% of total imports. The second position in the ranking was held by the Dominican Republic ($X), with a 12% share of total imports. It was followed by South Korea, with a 3.7% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at -23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Dominican Republic (-14.4% per year) and South Korea (-16.5% per year).

Import Prices by Country

In 2022, the average import price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, falling by -5.2% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cellular plates, sheets and films of polyymers of styrene increased by +40.7% against 2018 indices. The growth pace was the most rapid in 2013 when the average import price increased by 53% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+37.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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