Report Update Nov 1, 2024

Venezuela - Direct Dyes and Preparations Based Thereon - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Direct Dye Market 2024

Direct Dye Market Size in Venezuela

The Venezuelan direct dye market soared to $X in 2021, growing by 279% 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). In general, consumption, however, showed a sharp shrinkage. Direct dye consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Direct Dye Exports

Exports from Venezuela

In 2021, overseas shipments of direct dyes and preparations based thereon decreased by -9% to X kg, falling for the eighth consecutive year after two years of growth. In general, exports faced a abrupt decline. The growth pace was the most rapid in 2013 when exports increased by 907% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, direct dye exports amounted to $X in 2021. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of 1,088%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Colombia (X kg) was the main destination for direct dye exports from Venezuela, accounting for a 87% share of total exports. Moreover, direct dye exports to Colombia exceeded the volume sent to the second major destination, Trinidad and Tobago (X kg), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Colombia amounted to -11.1%.

In value terms, Trinidad and Tobago ($X) remains the key foreign market for direct dyes and preparations based thereon exports from Venezuela, comprising 83% of total exports. The second position in the ranking was held by Colombia ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Trinidad and Tobago stood at -3.9%.

Export Prices by Country

The average direct dye export price stood at $X per ton in 2021, increasing by 9.4% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, direct dye export price increased by +19.5% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 60%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to Colombia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (+32.6%).

Direct Dye Imports

Imports into Venezuela

In 2021, approx. X tons of direct dyes and preparations based thereon were imported into Venezuela; growing by 244% against the year before. Over the period under review, imports, however, showed a significant decrease. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, direct dye imports skyrocketed to $X in 2021. Overall, imports, however, recorded a precipitous decline. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Belgium (X tons) and Switzerland (X tons) were the main suppliers of direct dye imports to Venezuela, together accounting for 68% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +15.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X) constituted the largest supplier of direct dyes and preparations based thereon to Venezuela, comprising 50% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by Switzerland, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value from Belgium amounted to +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.3% per year) and Switzerland (-14.6% per year).

Import Prices by Country

In 2021, the average direct dye import price amounted to $X per ton, increasing by 22% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+7.2%), 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 direct dyes and preparations based thereon in the world?

The country with the largest volume of direct dye consumption was China, comprising approx. 25% of total volume. Moreover, direct dye consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with an 8.8% share.

What are the largest producers of direct dyes and preparations based thereon in the world?

The countries with the highest volumes of direct dye production in 2020 were China, India and the United States, with a combined 53% share of global production. Indonesia, Spain, Pakistan, Brazil, Japan, Nigeria, Mexico, the UK and Turkey lagged somewhat behind, together accounting for a further 30%.

What are the leading suppliers of direct dyes and preparations based thereon to Venezuela?

In value terms, the United States constituted the largest supplier of direct dye to Venezuela, comprising 75% of total imports. The second position in the ranking was occupied by Mexico, with a 15% share of total imports. It was followed by Germany, with a 2.4% share.

What are the leading importers of direct dyes and preparations based thereon from Venezuela?

In value terms, Trinidad and Tobago remains the key foreign market for direct dye exports from Venezuela.

What is the average export price for direct dyes and preparations based thereon in Venezuela?

In 2020, the average direct dye export price amounted to $13,180 per ton, waning by -11.3% against the previous year.

What is the average import price for direct dyes and preparations based thereon in Venezuela?

In 2020, the average direct dye import price amounted to $25,687 per ton, jumping by 16% against the previous year.

This report provides an in-depth analysis of the direct dye 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 20122140 - Direct dyes and preparations based thereon

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