Report Update Nov 1, 2024

Venezuela - Colour Lakes, Preparations Based on Colour Lakes - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Colour Lake Market 2024

Colour Lake Market Size in Venezuela

After two years of growth, the Venezuelan colour lake market decreased by -0.4% to $X in 2021. Over the period under review, consumption, however, saw a drastic downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Colour Lake Exports

Exports from Venezuela

In 2021, shipments abroad of colour lakes, preparations based on colour lakes increased by 2.9% to X tons, rising for the fifth consecutive year after two years of decline. In general, exports, however, saw a deep slump. The pace of growth was the most pronounced in 2014 with an increase of 169% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, colour lake exports expanded markedly to $X in 2021. Overall, exports, however, saw a pronounced slump. The pace of growth was the most pronounced in 2014 when exports increased by 145%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Aruba (X tons) was the main destination for colour lake exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Aruba stood at -10.3%.

In value terms, Aruba ($X) also remains the key foreign market for colour lakes, preparations based on colour lakes exports from Venezuela.

From 2012 to 2021, the average annual growth rate of value to Aruba stood at -4.2%.

Export Prices by Country

In 2021, the average colour lake export price amounted to $X per ton, surging by 9.2% against the previous year. In general, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, colour lake export price increased by +117.3% against 2014 indices. The pace of growth was the most pronounced in 2015 an increase of 26% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the rate of growth in terms of prices for Aruba amounted to +6.9% per year.

Colour Lake Imports

Imports into Venezuela

In 2021, supplies from abroad of colour lakes, preparations based on colour lakes increased by 19% to X tons, rising for the third consecutive year after four years of decline. Overall, imports, however, saw a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 184% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, colour lake imports contracted sharply to $X in 2021. Over the period under review, imports, however, faced a abrupt decline. The growth pace was the most rapid in 2019 when imports increased by 104%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Peru (X tons), Taiwan (Chinese) (X tons) and the Dominican Republic (X tons) were the main suppliers of colour lake imports to Venezuela, with a combined 83% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Dominican Republic (with a CAGR of +84.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest colour lake suppliers to Venezuela were Peru ($X), the United States ($X) and Taiwan (Chinese) ($X), together accounting for 64% of total imports. Germany, Panama, the Dominican Republic and Costa Rica lagged somewhat behind, together comprising a further 23%.

The Dominican Republic, with a CAGR of +85.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average colour lake import price stood at $X per ton in 2021, reducing by -32.6% against the previous year. In general, the import price saw a deep contraction. The growth pace was the most rapid in 2015 when the average import price increased by 74% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Taiwan (Chinese) ($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 Dominican Republic (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for colour lakes, preparations based on colour lakes in the world?

The countries with the highest volumes of colour lake consumption in 2021 were China, the United States and India, together accounting for 44% of global consumption. These countries were followed by Russia, Mexico, Nigeria, Vietnam, Canada, Turkey, Saudi Arabia, Iran, Spain and Italy, which together accounted for a further 28%.

What are the largest producers of colour lakes, preparations based on colour lakes in the world?

The countries with the highest volumes of colour lake production in 2021 were China, the United States and India, with a combined 45% share of global production. Russia, Mexico, Nigeria, Vietnam, Canada, Turkey, Saudi Arabia, Iran, Spain and the Netherlands lagged somewhat behind, together accounting for a further 27%.

What are the leading suppliers of colour lakes, preparations based on colour lakes to Venezuela?

In value terms, Spain constituted the largest supplier of colour lake to Venezuela, comprising 73% of total imports. The second position in the ranking was occupied by Peru, with an 11% share of total imports. It was followed by the United States, with a 5.3% share.

What are the leading importers of colour lakes, preparations based on colour lakes from Venezuela?

In value terms, Aruba remains the key foreign market for colour lake exports from Venezuela.

What is the average export price for colour lakes, preparations based on colour lakes in Venezuela?

The average colour lake export price stood at $5,672 per ton in 2021, approximately reflecting the previous year.

What is the average import price for colour lakes, preparations based on colour lakes in Venezuela?

In 2021, the average colour lake import price amounted to $10,679 per ton, growing by 3.4% against the previous year.

This report provides an in-depth analysis of the colour lake 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 20122170 - Colour lakes, preparations based on colour lakes

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