Venezuela - Modelling Pastes, Dental Wax and Dental Impression Compounds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVenezuela: Modelling Pastes Market 2024
Modelling Pastes Market Size in Venezuela
The Venezuelan modelling pastes market surged to $X in 2021, with an increase of 172% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a deep slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.
Modelling Pastes Exports
Exports from Venezuela
In 2021, overseas shipments of modelling pastes, dental wax and dental impression compounds decreased by -96% to X kg for the first time since 2015, thus ending a five-year rising trend. Over the period under review, exports saw a precipitous contraction. The growth pace was the most rapid in 2020 when exports increased by 150% against the previous year. As a result, the exports reached the peak of X kg, and then dropped significantly in the following year.
In value terms, modelling pastes exports shrank remarkably to $X in 2021. Overall, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 114%. As a result, the exports attained the peak of $X, and then declined markedly in the following year.
Exports by Country
Costa Rica (X kg) and Chile (X kg) were the main destinations of modelling pastes exports from Venezuela.
From 2012 to 2021, the biggest increases were recorded for Costa Rica (with a CAGR of -7.4%).
In value terms, Chile ($X) remains the key foreign market for modelling pastes, dental wax and dental impression compounds exports from Venezuela, comprising 93% of total exports. The second position in the ranking was held by Costa Rica ($X), with a 6.6% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Chile totaled -70.8%.
Export Prices by Country
The average modelling pastes export price stood at $X per ton in 2021, growing by 423% against the previous year. Overall, the export price enjoyed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: among the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Costa Rica amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+707.0%), while the prices for the other major destinations experienced a decline.
Modelling Pastes Imports
Imports into Venezuela
Modelling pastes imports into Venezuela surged to X tons in 2021, jumping by 243% on 2020. Overall, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when imports increased by 940%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In value terms, modelling pastes imports surged to $X in 2021. In general, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2019 when imports increased by 707%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, China (X tons) constituted the largest modelling pastes supplier to Venezuela, accounting for a 76% share of total imports. Moreover, modelling pastes imports from China exceeded the figures recorded by the second-largest supplier, Panama (X tons), eightfold. The third position in this ranking was held by Brazil (X tons), with a 4.9% share.
From 2012 to 2021, the average annual growth rate of volume from China totaled +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (+3.0% per year) and Brazil (-9.7% per year).
In value terms, China ($X) constituted the largest supplier of modelling pastes, dental wax and dental impression compounds to Venezuela, comprising 53% of total imports. The second position in the ranking was held by Panama ($X), with a 21% share of total imports. It was followed by Brazil, with a 5.7% share.
From 2012 to 2021, the average annual growth rate of value from China stood at +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (+13.0% per year) and Brazil (-14.0% per year).
Import Prices by Country
In 2021, the average modelling pastes import price amounted to $X per ton, dropping by -30.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 70%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, among the top suppliers, the country with the highest price was Panama ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the modelling pastes 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 20595230 - Modelling pastes, dental wax and dental impression compounds, other preparations for use in dentistry with a basis of plaster (including modelling pastes for children
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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