Venezuela: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Venezuela

The Venezuelan market for float glass and surface ground or polished glass expanded slightly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, saw a mild descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Float Glass And Surface Ground or Polished Glass in Venezuela

In value terms, production of float glass and surface ground or polished glass stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Production of peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Venezuela

In 2022, overseas shipments of float glass and surface ground or polished glass decreased by X% to X square meters for the first time since 2017, thus ending a four-year rising trend. In general, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X square meters in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of float glass and surface ground or polished glass reached $X in 2022. Over the period under review, exports continue to indicate a significant decrease. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Costa Rica (X square meters) was the main destination for exports of float glass and surface ground or polished glass from Venezuela, with a X% share of total exports. Moreover, exports of float glass and surface ground or polished glass to Costa Rica exceeded the volume sent to the second major destination, Colombia (X square meters), threefold. The third position in this ranking was taken by Spain (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Costa Rica stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Spain (X% per year).

In value terms, Costa Rica ($X), Spain ($X) and Colombia ($X) were the largest markets for float glass and surface ground or polished glass exported from Venezuela worldwide, with a combined X% share of total exports.

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for float glass and surface ground or polished glass amounted to $X per square meter, increasing by X% against the previous year. In general, the export price, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per square meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per square meter), while the average price for exports to Brazil ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced a decline.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Venezuela

In 2022, supplies from abroad of float glass and surface ground or polished glass decreased by X% to X square meters for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports of attained the maximum at X square meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of float glass and surface ground or polished glass shrank significantly to $X in 2022. Over the period under review, imports recorded a mild curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2021, and then fell remarkably in the following year.

Imports by Country

China (X square meters), Brazil (X square meters) and the United Arab Emirates (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass to Venezuela, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Turkey ($X) and Brazil ($X) appeared to be the largest float glass and surface ground or polished glass suppliers to Venezuela, together accounting for X% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, dropping by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per square meter in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per square meter), while the price for Mexico ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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