Report Update Nov 1, 2024

Venezuela - Extracts of Glands or Other Organs or of Their Secretions - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Organ Extracts Market 2024

Organ Extracts Market Size in Venezuela

For the fourth consecutive year, the Venezuelan organ extracts market recorded growth in sales value, which increased by 3.6% to $X in 2021. Overall, consumption, however, showed a deep setback. Organ extracts consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Organ Extracts Exports

Exports from Venezuela

In 2021, shipments abroad of extracts of glands or other organs or of their secretions increased by 288% to X kg, rising for the fourth consecutive year after four years of decline. In general, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, organ extracts exports skyrocketed to $X in 2021. Overall, exports enjoyed a strong expansion. The growth pace was the most rapid in 2018 when exports increased by 139%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Germany (X kg) was the main destination for organ extracts exports from Venezuela, accounting for a 29% share of total exports. Moreover, organ extracts exports to Germany exceeded the volume sent to the second major destination, Spain (X kg), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +2.8%.

In value terms, the largest markets for organ extracts exported from Venezuela were Spain ($X), Germany ($X) and Canada ($X), together accounting for 46% of total exports.

Spain, with a CAGR of +21.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average organ extracts export price stood at $X per ton in 2021, with a decrease of -61.6% against the previous year. Overall, the export price saw a deep contraction. The growth pace was the most rapid in 2017 an increase of 148%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Canada ($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 Spain (-2.4%), while the prices for the other major destinations experienced a decline.

Organ Extracts Imports

Imports into Venezuela

In 2021, approx. X tons of extracts of glands or other organs or of their secretions were imported into Venezuela; growing by 5.4% compared with the previous year. Overall, imports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 53% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, organ extracts imports stood at $X in 2021. In general, imports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of 31% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of organ extracts to Venezuela, accounting for a 69% share of total imports. Moreover, organ extracts imports from Italy exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-10.9% per year) and Germany (-24.1% per year).

In value terms, Italy ($X) constituted the largest supplier of extracts of glands or other organs or of their secretions to Venezuela, comprising 83% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy totaled -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-21.8% per year) and Germany (-21.0% per year).

Import Prices by Country

In 2021, the average organ extracts import price amounted to $X per ton, with a decrease of -4.5% against the previous year. Overall, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 58%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat 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 Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for extracts of glands or other organs or of their secretions in the world?

Germany remains the largest organ extracts consuming country worldwide, comprising approx. 92% of total volume. It was followed by the United States, with a 2.6% share of total consumption.

What are the largest producers of extracts of glands or other organs or of their secretions in the world?

The countries with the highest volumes of organ extracts production in 2021 were the United States, Austria and Cuba, together accounting for 72% of global production. These countries were followed by Denmark, Spain, Italy and Australia, which together accounted for a further 20%.

What are the leading suppliers of extracts of glands or other organs or of their secretions to Venezuela?

In value terms, Italy constituted the largest supplier of organ extracts to Venezuela, comprising 82% of total imports. The second position in the ranking was occupied by Switzerland, with an 18% share of total imports.

What are the leading importers of extracts of glands or other organs or of their secretions from Venezuela?

In value terms, the largest markets for organ extracts exported from Venezuela were Spain $325) and Germany $279).

What is the average export price for extracts of glands or other organs or of their secretions in Venezuela?

In 2021, the average organ extracts export price amounted to $40,574 per ton, dropping by -20.2% against the previous year.

What is the average import price for extracts of glands or other organs or of their secretions in Venezuela?

In 2021, the average organ extracts import price amounted to $532,046 per ton, which is down by -3.8% against the previous year.

This report provides an in-depth analysis of the organ extracts 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 21106020 - Extracts of glands or other organs or of their secretions (for organo-therapeutic uses)

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