Venezuela: Market for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Venezuela

The Venezuelan market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses declined dramatically to $X in 2020, waning by -X% 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 showed a deep downturn. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market remained at a lower figure.

Exports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from Venezuela

In 2020, after two years of decline, there was significant growth in overseas shipments of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, when their volume increased by X% to X square meters. In general, exports, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X square meters in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses expanded modestly to $X in 2020. Overall, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Colombia (X square meters) was the main destination for exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Venezuela, accounting for a X% share of total exports. It was followed by the U.S. (X square meters), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Colombia stood at +X%.

In value terms, Colombia ($X) emerged as the key foreign market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from Venezuela, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Colombia amounted to +X%.

Export Prices by Country

The average export price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, waning by -X% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of X% y-o-y. The export price peaked at $X per square meter in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the U.S. ($X per square meter), while the average price for exports to Colombia amounted to $X per square meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S..

Imports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into Venezuela

In 2020, purchases abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses increased by X% to X square meters, rising for the third year in a row after five years of decline. Over the period under review, imports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. As a result, imports reached the peak of X square meters. from 2009 to 2020, the growth of imports remained at a lower figure.

In value terms, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses fell remarkably to $X in 2020. Overall, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, imports reached the peak of $X. from 2009 to 2020, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2020, China (X square meters) constituted the largest supplier of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels to Venezuela, with a X% share of total imports. Moreover, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from China exceeded the figures recorded by the second-largest supplier, Aruba (X square meters), tenfold. Colombia (X square meters) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Aruba (+X% per year) and Colombia (-X% per year).

In value terms, the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels suppliers to Venezuela were Panama ($X), Colombia ($X) and China ($X), together accounting for X% of total imports. Aruba, Argentina, the U.S. and Thailand lagged somewhat behind, together accounting for a further X the main suppliers, Aruba saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, falling by -X% against the previous year. Overall, the import price saw a noticeable decline. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. As a result, import price attained the peak level of $X per square meter. from 2018 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Panama ($X per square meter), while the price for Thailand ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Colombia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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