Report Update Nov 1, 2024

Venezuela - Marble and Travertine - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Marble And Travertine Market 2022

Marble And Travertine Market Size in Venezuela

The Venezuelan marble and travertine market was finally on the rise to reach $X in 2021, after eight years of decline. Overall, consumption, however, continues to indicate a sharp setback. Marble and travertine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Marble And Travertine Exports

Exports from Venezuela

In 2021, approx. X tons of marble and travertine were exported from Venezuela; shrinking by -33.4% on 2020 figures. Overall, exports saw a significant contraction. The growth pace was the most rapid in 2020 when exports increased by 201% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, marble and travertine exports declined significantly to $X in 2021. Over the period under review, exports recorded a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 145% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Colombia (X tons) was the main destination for marble and travertine exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Colombia stood at -30.8%.

In value terms, Colombia ($X) also remains the key foreign market for marble and travertine exports from Venezuela.

From 2012 to 2021, the average annual rate of growth in terms of value to Colombia totaled -26.0%.

Export Prices by Country

In 2021, the average marble and travertine export price amounted to $X per ton, with an increase of 5.7% against the previous year. In general, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of 192%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Colombia amounted to +6.8% per year.

Marble And Travertine Imports

Imports into Venezuela

After eight years of decline, overseas purchases of marble and travertine increased by 27% to X tons in 2021. Overall, imports, however, saw a deep slump. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, marble and travertine imports rose notably to $X in 2021. Over the period under review, imports, however, faced a precipitous setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Dominican Republic (X tons), Spain (X tons) and Italy (X tons) were the main suppliers of marble and travertine imports to Venezuela, with a combined 85% share of total imports. These countries were followed by Syrian Arab Republic, Brazil, Egypt, Panama and Turkey, which together accounted for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Panama (with a CAGR of +16.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Syrian Arab Republic ($X), Spain ($X) and the Dominican Republic ($X) appeared to be the largest marble and travertine suppliers to Venezuela, together accounting for 82% of total imports. Italy, Panama, Egypt, Turkey and Brazil lagged somewhat behind, together accounting for a further 14%.

Panama, with a CAGR of +12.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average marble and travertine import price amounted to $X per ton, which is down by -15.8% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 25%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Syrian Arab Republic ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+10.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for marble and travertine in the world?

The countries with the highest volumes of in 2021 were China, Italy and the United States, together accounting for 40% of global consumption. India, Pakistan, Russia, Indonesia, Romania, Mexico, Egypt, Turkey, Iran and France lagged somewhat behind, together comprising a further 27%.

What are the largest producers of marble and travertine in the world?

The countries with the highest volumes of in 2021 were Italy, China and Turkey, with a combined 34% share of global production.

What are the leading suppliers of marble and travertine to Venezuela?

In value terms, Spain constituted the largest supplier of marble and travertine to Venezuela, comprising 50% of total imports. The second position in the ranking was occupied by Syrian Arab Republic, with a 24% share of total imports. It was followed by Italy, with a 10% share.

What are the leading importers of marble and travertine from Venezuela?

In value terms, Colombia remains the key foreign market for marble and travertine exports from Venezuela.

What is the average export price for marble and travertine in Venezuela?

The average marble and travertine export price stood at $287 per ton in 2021, growing by 15% against the previous year.

What is the average import price for marble and travertine in Venezuela?

In 2021, the average marble and travertine import price amounted to $340 per ton, which is down by -5.6% against the previous year.

This report provides an in-depth analysis of the marble and travertine 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 08111133 - Marble and travertine, crude or roughly trimmed
Prodcom 08111136 - Marble and travertine merely cut into rectangular or square blocks or slabs
Prodcom 08111150 - Ecaussine and other calcareous monumental or building stone of an apparent specific gravity . 2,5

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