Venezuela: Personal Anti-Perspirants Market 2024

Personal Anti-Perspirants Market Size in Venezuela

In 2022, the Venezuelan personal anti-perspirants market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption saw a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Personal Anti-Perspirants Exports

Exports from Venezuela

In 2022, after four years of decline, there was significant growth in shipments abroad of personal deodorants and anti-perspirants, when their volume increased by X% to X tons. Overall, exports showed a notable expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, personal anti-perspirants exports soared to $X in 2022. In general, exports, however, recorded a deep slump. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Aruba (X kg) was the main destination for personal anti-perspirants exports from Venezuela, accounting for a X% share of total exports. Moreover, personal anti-perspirants exports to Aruba exceeded the volume sent to the second major destination, Peru (X kg), sevenfold. The third position in this ranking was held by Colombia (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Aruba amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Colombia (X% per year).

In value terms, Peru ($X), Aruba ($X) and Colombia ($X) appeared to be the largest markets for personal anti-perspirants exported from Venezuela worldwide, together accounting for X% of total exports. These countries were followed by Trinidad and Tobago, which accounted for a further X%.

In terms of the main countries of destination, Trinidad and Tobago, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average personal anti-perspirants export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Aruba ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (X%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Anti-Perspirants Imports

Imports into Venezuela

In 2022, overseas purchases of personal deodorants and anti-perspirants decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, personal anti-perspirants imports contracted notably to $X in 2022. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Mexico (X tons), the United States (X tons) and Argentina (X tons) were the main suppliers of personal anti-perspirants imports to Venezuela, with a combined X% share of total imports. China, Panama, Turkey, Brazil and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest personal anti-perspirants suppliers to Venezuela were Mexico ($X), the United States ($X) and Argentina ($X), together comprising X% of total imports. China, Panama, Turkey, Brazil and Germany lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average personal anti-perspirants import price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price recorded a perceptible descent. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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