Report Update May 1, 2025

Venezuela - Copper Screws, Bolts and Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Copper Screw Market 2025

Copper Screw Market Size in Venezuela

The Venezuelan copper screw market contracted significantly to $X in 2021, declining by -75.6% against 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). Over the period under review, consumption recorded a dramatic downturn. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Copper Screw Exports

Exports from Venezuela

Copper screw exports from Venezuela surged to X kg in 2021, increasing by 53% on the previous year. In general, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2019 when exports increased by 100%. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, copper screw exports skyrocketed to $X in 2021. Overall, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Indonesia (X kg), Costa Rica (X kg) and Colombia (X kg) were the main destinations of copper screw exports from Venezuela, with a combined 65% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica (with a CAGR of +9.0%), while the other leaders experienced mixed trend patterns.

In value terms, Indonesia ($X) emerged as the key foreign market for copper screws, bolts and nuts exports from Venezuela, comprising 42% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 6.9% share of total exports. It was followed by Costa Rica, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+8.2% per year) and Costa Rica (+20.7% per year).

Export Prices by Country

The average copper screw export price stood at $X per ton in 2021, with an increase of 104% against the previous year. In general, the export price posted a noticeable expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 140%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Screw Imports

Imports into Venezuela

In 2021, copper screw imports into Venezuela contracted markedly to X kg, which is down by -81.4% on the previous year's figure. In general, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2015 with an increase of 918%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, copper screw imports reduced sharply to $X in 2021. Overall, imports saw a precipitous descent. The pace of growth was the most pronounced in 2015 with an increase of 1,093%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Trinidad and Tobago (X kg) constituted the largest supplier of copper screw to Venezuela, accounting for a 54% share of total imports. Moreover, copper screw imports from Trinidad and Tobago exceeded the figures recorded by the second-largest supplier, Panama (X kg), sixfold. The third position in this ranking was taken by Colombia (X kg), with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Trinidad and Tobago was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-21.1% per year) and Colombia (+20.0% per year).

In value terms, Trinidad and Tobago ($X), Denmark ($X) and Panama ($X) constituted the largest copper screw suppliers to Venezuela, with a combined 63% share of total imports.

Trinidad and Tobago, with a CAGR of +4.4%, saw 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 mixed trend patterns.

Import Prices by Country

In 2021, the average copper screw import price amounted to $X per ton, rising by 69% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.0%), 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 copper screws, bolts and nuts in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 46% of global consumption.

What are the largest producers of copper screws, bolts and nuts in the world?

China constituted the country with the largest volume of copper screw production, accounting for 27% of total volume. Moreover, copper screw production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with an 11% share.

What are the leading suppliers of copper screws, bolts and nuts to Venezuela?

In value terms, Denmark, Panama and Trinidad and Tobago were the largest copper screw suppliers to Venezuela, together comprising 64% of total imports. Ecuador, Chile, China and Japan lagged somewhat behind, together comprising a further 13%.

What are the leading importers of copper screws, bolts and nuts from Venezuela?

In value terms, Costa Rica $63) and Colombia $32) constituted the largest markets for copper screw exported from Venezuela worldwide.

What is the average export price for copper screws, bolts and nuts in Venezuela?

In 2021, the average copper screw export price amounted to $16,420 per ton, dropping by -7.8% against the previous year.

What is the average import price for copper screws, bolts and nuts in Venezuela?

In 2021, the average copper screw import price amounted to $11,358 per ton, with an increase of 20% against the previous year.

This report provides an in-depth analysis of the copper screw 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 25941340 - Copper screws, bolts and nuts (excluding pointed screw nails, s crew stoppers, threaded mechanisms used to transmit motion/to act as active machinery part, screw hooks, rings)

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