Report Update Nov 1, 2024

Venezuela - Matches - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Venezuela: Matches Market 2024

Matches Market Size in Venezuela

In 2021, the Venezuelan matches market was finally on the rise to reach $X after five years of decline. Over the period under review, consumption, however, continues to indicate a drastic downturn. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Matches Production in Venezuela

In value terms, matches production expanded modestly to $X in 2021 estimated in export price. In general, production, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of 6.7%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Matches Exports

Exports from Venezuela

Matches exports from Venezuela dropped dramatically to X kg in 2019, declining by -59.1% against 2018. Overall, exports continue to indicate a dramatic slump. The exports peaked at X kg in 2018, and then declined remarkably in the following year.

In value terms, matches exports dropped notably to $X in 2019. Over the period under review, exports faced a sharp decrease. The exports peaked at $X in 2018, and then contracted notably in the following year.

Exports by Country

Trinidad and Tobago (X kg) was the main destination for matches exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2018 to 2019, the average annual rate of growth in terms of volume to Trinidad and Tobago totaled -59.1%.

In value terms, Trinidad and Tobago ($X) also remains the key foreign market for matches exports from Venezuela.

From 2018 to 2019, the average annual growth rate of value to Trinidad and Tobago stood at -67.9%.

Export Prices by Country

The average matches export price stood at $X per ton in 2019, falling by -21.6% against the previous year. Over the period under review, the export price recorded a precipitous descent. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018, and then fell markedly in the following year.

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

From 2018 to 2019, the rate of growth in terms of prices for Trinidad and Tobago amounted to -21.6% per year.

Matches Imports

Imports into Venezuela

Matches imports into Venezuela skyrocketed to X tons in 2021, growing by 128% against 2020 figures. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 655% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, matches imports surged to $X in 2021. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 263%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, India (X tons) was the main matches supplier to Venezuela, accounting for a 96% share of total imports. It was followed by Brazil (X kg), with a 1.8% share of total imports.

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

In value terms, India ($X) constituted the largest supplier of matches to Venezuela, comprising 90% of total imports. The second position in the ranking was held by Brazil ($X), with a 0.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from India was relatively modest.

Import Prices by Country

The average matches import price stood at $X per ton in 2021, picking up by 59% against the previous year. In general, the import price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 72%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Brazil totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-23.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for matches in the world?

The countries with the highest volumes of matches consumption in 2020 were China, the United States and India, together comprising 35% of global consumption. These countries were followed by Nigeria, Russia, Brazil, Germany, Indonesia, Belarus, Japan, Ghana and Tanzania, which together accounted for a further 24%.

What are the largest producers of matches in the world?

The countries with the highest volumes of matches production in 2020 were India, China and the United States, with a combined 51% share of global production. These countries were followed by Russia, Indonesia, Brazil, Belarus, Pakistan, Sweden, Germany and Japan, which together accounted for a further 28%.

What are the leading suppliers of matches to Venezuela?

In value terms, China $295) constituted the largest supplier of matches to Venezuela.

What is the average import price for matches in Venezuela?

In 2020, the average matches import price amounted to $567 per ton, shrinking by -49.6% against the previous year.

This report provides an in-depth analysis of the matches 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 20512000 - Matches (excluding Bengal matches and other pyrotechnic products)

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