Report Update Nov 1, 2024

Venezuela - Inorganic Fungicides, Bactericides and Seed Treatments - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Fungicide And Bactericide Market 2024

Fungicide And Bactericide Market Size in Venezuela

In 2021, the Venezuelan fungicide and bactericide market increased by 134% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, faced a sharp reduction. Fungicide and bactericide consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Fungicide And Bactericide Exports

Exports from Venezuela

In 2021, after four years of growth, there was decline in overseas shipments of fungicides, bactericides and seed treatments, when their volume decreased by -3.9% to X kg. In general, exports saw a sharp decline. The most prominent rate of growth was recorded in 2013 when exports increased by 51%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, fungicide and bactericide exports contracted modestly to $X in 2021. Over the period under review, exports faced a significant curtailment. The smallest decline of -0.9% was in 2018. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Costa Rica (X kg) was the main destination for fungicide and bactericide exports from Venezuela, accounting for a 96% share of total exports. Moreover, fungicide and bactericide exports to Costa Rica exceeded the volume sent to the second major destination, Panama (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Costa Rica was relatively modest.

In value terms, Costa Rica ($X) emerged as the key foreign market for fungicides, bactericides and seed treatments exports from Venezuela, comprising 96% of total exports. The second position in the ranking was held by Panama ($X), with a 4.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Costa Rica was relatively modest.

Export Prices by Country

The average fungicide and bactericide export price stood at $X per ton in 2021, picking up by 3.1% against the previous year. In general, the export price, however, faced a deep contraction. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Costa Rica totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+19.6%).

Fungicide And Bactericide Imports

Imports into Venezuela

In 2021, fungicide and bactericide imports into Venezuela soared to X tons, jumping by 210% against the previous year. Overall, imports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2018 when imports increased by 616%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, fungicide and bactericide imports soared to $X in 2021. In general, imports, however, showed a sharp setback. The pace of growth appeared the most rapid in 2018 when imports increased by 279%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

India (X tons), China (X tons) and Israel (X tons) were the main suppliers of fungicide and bactericide imports to Venezuela, together comprising 57% of total imports. Colombia, Italy, Guatemala, France, Mexico, Brazil and the United States lagged somewhat behind, together accounting for a further 28%.

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 +17.4%), while imports for the other leaders experienced a decline.

In value terms, France ($X) constituted the largest supplier of fungicides, bactericides and seed treatments to Venezuela, comprising 48% of total imports. The second position in the ranking was held by China ($X), with an 8.5% share of total imports. It was followed by Colombia, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-14.8% per year) and Colombia (-25.8% per year).

Import Prices by Country

In 2021, the average fungicide and bactericide import price amounted to $X per ton, which is down by -40.6% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The growth pace was the most rapid in 2017 an increase of 86%. The import price peaked 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 France ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fungicides, bactericides and seed treatments in the world?

China remains the largest fungicide and bactericide consuming country worldwide, accounting for 24% of total volume. Moreover, fungicide and bactericide consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8% share.

What are the largest producers of fungicides, bactericides and seed treatments in the world?

The countries with the highest volumes of in 2021 were China, India and the United States, with a combined 54% share of global production. Japan, Germany, France, Nigeria, the UK, Mexico, Colombia, Spain, South Korea and the Netherlands lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of fungicides, bactericides and seed treatments to Venezuela?

In value terms, China, Japan and India were the largest fungicide and bactericide suppliers to Venezuela, with a combined 46% share of total imports. These countries were followed by Slovenia, France, Mexico, Greece, Guatemala, Italy, Israel and Brazil, which together accounted for a further 35%.

What are the leading importers of fungicides, bactericides and seed treatments from Venezuela?

In value terms, Panama remains the key foreign market for fungicide and bactericide exports from Venezuela, comprising 69% of total exports. The second position in the ranking was occupied by Serbia, with a 31% share of total exports.

What is the average export price for fungicides, bactericides and seed treatments in Venezuela?

In 2021, the average fungicide and bactericide export price amounted to $4,065 per ton, picking up by 1.5% against the previous year.

What is the average import price for fungicides, bactericides and seed treatments in Venezuela?

The average fungicide and bactericide import price stood at $5,967 per ton in 2021, which is down by -26.5% against the previous year.

This report provides an in-depth analysis of the fungicide and bactericide 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 20201515 - Inorganic fungicides, bactericides and seed treatments, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201530 - Fungicides, bactericides and seed treatments based on dithiocarbamates, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201545 - Fungicides, bactericides and seed treatments based on benzimidazoles, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201560 - Fungicides, bactericides and seed treatment based on triazoles or diazoles, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201575 - Fungicides, bactericides and seed treatments based on diazines or morpholines, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201590 - Other fungicides, bactericides and seeds treatments (ex: Captan,...)

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