Venezuela: Hot-Dipped Metal-Coated Sheet Market 2025

Hot-Dipped Metal-Coated Sheet Market Size in Venezuela

In 2021, after three years of decline, there was significant growth in the Venezuelan hot-dipped metal-coated sheet market, when its value increased by 6.2% to $X. The market value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Hot-Dipped Metal-Coated Sheet Production in Venezuela

In value terms, hot-dipped metal-coated sheet production rose markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by 19% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Hot-Dipped Metal-Coated Sheet Exports

Exports from Venezuela

In 2021, shipments abroad of hot-dipped metal-coated sheet increased by 105% to X tons, rising for the fourth consecutive year after five years of decline. Overall, exports, however, recorded a sharp descent. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, hot-dipped metal-coated sheet exports surged to $X in 2021. In general, exports, however, recorded a abrupt decline. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cuba (X tons), Colombia (X tons) and Poland (X tons) were the main destinations of hot-dipped metal-coated sheet exports from Venezuela, together comprising 97% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for hot-dipped metal-coated sheet exported from Venezuela were Cuba ($X), Poland ($X) and Colombia ($X), with a combined 97% share of total exports.

Poland, with a CAGR of 0.0%, saw 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 hot-dipped metal-coated sheet export price stood at $X per ton in 2021, growing by 29% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hot-dipped metal-coated sheet export price increased by +75.7% against 2013 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Peru ($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 Guatemala (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Hot-Dipped Metal-Coated Sheet Imports

Imports into Venezuela

In 2021, after four years of decline, there was significant growth in overseas purchases of hot-dipped metal-coated sheet, when their volume increased by 44% to X tons. Overall, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2014 with an increase of 116% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, hot-dipped metal-coated sheet imports soared to $X in 2021. Over the period under review, imports, however, saw a deep reduction. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Colombia (X tons), China (X tons) and Mexico (X tons) were the main suppliers of hot-dipped metal-coated sheet imports to Venezuela, together accounting for 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +4.6%), while purchases for the other leaders experienced a decline.

In value terms, Colombia ($X) constituted the largest supplier of hot-dipped metal-coated sheet to Venezuela, comprising 55% of total imports. The second position in the ranking was taken by China ($X), with a 27% share of total imports. It was followed by Mexico, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Colombia stood at -7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.9% per year) and Mexico (-7.6% per year).

Import Prices by Country

In 2021, the average hot-dipped metal-coated sheet import price amounted to $X per ton, picking up by 57% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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