Report Update Nov 1, 2024

Venezuela - Glycosides and Vegetable Alkaloids - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Glycosides And Vegetable Alkaloids 2024

Market Size for Glycosides And Vegetable Alkaloids in Venezuela

The Venezuelan glycosides and vegetable alkaloids market dropped to $X in 2021, reducing by -11.8% against the previous year. In general, consumption recorded a noticeable contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Glycosides And Vegetable Alkaloids in Venezuela

In value terms, glycosides and vegetable alkaloids production shrank to $X in 2021 estimated in export price. In general, production recorded a slight reduction. The pace of growth appeared the most rapid in 2020 when the production volume increased by 40% against the previous year. As a result, production attained the peak level of $X, and then fell in the following year.

Exports of Glycosides And Vegetable Alkaloids

Exports from Venezuela

In 2021, the amount of glycosides and vegetable alkaloids exported from Venezuela expanded modestly to X tons, growing by 2.4% on 2020 figures. In general, exports saw perceptible growth. The pace of growth appeared the most rapid in 2015 when exports increased by 159% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, glycosides and vegetable alkaloids exports declined modestly to $X in 2021. Over the period under review, exports enjoyed temperate growth. The most prominent rate of growth was recorded in 2015 when exports increased by 106%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for glycosides and vegetable alkaloids exports from Venezuela, with a approx. 50% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at -3.6%.

In value terms, Italy ($X) also remains the key foreign market for glycosides and vegetable alkaloids exports from Venezuela.

From 2012 to 2021, the average annual growth rate of value to Italy stood at -3.5%.

Export Prices by Country

In 2021, the average glycosides and vegetable alkaloids export price amounted to $X per ton, which is down by -7.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 50%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +58.2% per year.

Imports of Glycosides And Vegetable Alkaloids

Imports into Venezuela

In 2021, purchases abroad of glycosides and vegetable alkaloids increased by 58% to X tons, rising for the third consecutive year after three years of decline. Overall, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2015 with an increase of 102% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, glycosides and vegetable alkaloids imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), China (X tons) and Germany (X tons) were the main suppliers of glycosides and vegetable alkaloids imports to Venezuela, with a combined 75% share of total imports. Italy, India and Switzerland lagged somewhat behind, together accounting for a further 8.9%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of -4.4%), while imports for the other leaders experienced a decline.

In value terms, the largest glycosides and vegetable alkaloids suppliers to Venezuela were Switzerland ($X), Italy ($X) and India ($X), together comprising 61% of total imports.

India, with a CAGR of -0.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average glycosides and vegetable alkaloids import price amounted to $X per ton, increasing by 11% against the previous year. Over the period under review, the import price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2014 an increase of 123%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+18.5%), 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 glycosides and vegetable alkaloids in the world?

The countries with the highest volumes of glycosides and vegetable alkaloids consumption in 2020 were China, the United States and India, with a combined 41% share of global consumption. France, Uzbekistan, Japan, Brazil, Spain, Indonesia, Ireland, Germany, Turkey and Austria lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of glycosides and vegetable alkaloids in the world?

The country with the largest volume of glycosides and vegetable alkaloids production was China, comprising approx. 45% of total volume. Moreover, glycosides and vegetable alkaloids production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Germany ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of glycosides and vegetable alkaloids to Venezuela?

In value terms, India constituted the largest supplier of glycosides and vegetable alkaloids to Venezuela, comprising 37% of total imports. The second position in the ranking was occupied by Switzerland, with a 17% share of total imports. It was followed by Italy, with a 13% share.

What are the leading importers of glycosides and vegetable alkaloids from Venezuela?

In value terms, Italy remains the key foreign market for glycosides and vegetable alkaloids exports from Venezuela.

What is the average export price for glycosides and vegetable alkaloids in Venezuela?

The average glycosides and vegetable alkaloids export price stood at $179,136 per ton in 2020, increasing by 55% against the previous year.

What is the average import price for glycosides and vegetable alkaloids in Venezuela?

In 2020, the average glycosides and vegetable alkaloids import price amounted to $253,006 per ton, surging by 21% against the previous year.

This report provides an in-depth analysis of the market for glycosides and vegetable alkaloids 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 21105300 - Glycosides and vegetable alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives

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