Report Update Nov 1, 2024

Venezuela - Phosphinates (Hypophosphites) and Phosphonates (Phosphites) - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in Venezuela

The Venezuelan phosphinates and phosphonates market dropped modestly to $X in 2022, with a decrease of -1.9% against the previous year. Over the period under review, consumption showed a perceptible decline. The growth pace was the most rapid in 2019 with an increase of 9.2%. Phosphinates and phosphonates consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Phosphinates And Phosphonates Production in Venezuela

In value terms, phosphinates and phosphonates production fell to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt downturn. The pace of growth appeared the most rapid in 2019 with an increase of 8.2% against the previous year. Phosphinates and phosphonates production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Phosphinates And Phosphonates Exports

Exports from Venezuela

In 2022, after ten years of growth, there was decline in overseas shipments of phosphinates (hypophosphites) and phosphonates (phosphites), when their volume decreased by -4.4% to X tons. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 163% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell in the following year.

In value terms, phosphinates and phosphonates exports reduced modestly to $X in 2022. In general, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 61%. The exports peaked at $X in 2021, and then dropped modestly in the following year.

Exports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume to Colombia stood at +38.0%.

In value terms, Colombia ($X) also remains the key foreign market for phosphinates (hypophosphites) and phosphonates (phosphites) exports from Venezuela.

From 2012 to 2022, the average annual growth rate of value to Colombia totaled +16.3%.

Export Prices by Country

The average phosphinates and phosphonates export price stood at $X per ton in 2022, picking up by 3.4% against the previous year. Overall, the export price, however, saw a deep setback. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -15.7% per year.

Phosphinates And Phosphonates Imports

Imports into Venezuela

In 2022, overseas purchases of phosphinates (hypophosphites) and phosphonates (phosphites) were finally on the rise to reach X tons after two years of decline. In general, imports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 when imports increased by 965%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, phosphinates and phosphonates imports surged to $X in 2022. Overall, imports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2019 with an increase of 482%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) was the main phosphinates and phosphonates supplier to Venezuela, with a 97% share of total imports. It was followed by Belgium (X kg), with a 0.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled -8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-20.5% per year) and China (-42.2% per year).

In value terms, the United States ($X) constituted the largest supplier of phosphinates (hypophosphites) and phosphonates (phosphites) to Venezuela, comprising 78% of total imports. The second position in the ranking was taken by China ($X), with a 2.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States stood at -10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-17.9% per year) and Belgium (-10.5% per year).

Import Prices by Country

The average phosphinates and phosphonates import price stood at $X per ton in 2022, increasing by 4.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 79%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+42.1%), 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 phosphinates (hypophosphites) and phosphonates (phosphites) in the world?

The countries with the highest volumes of in 2021 were India, the United States and Germany, with a combined 33% share of global consumption.

What are the largest producers of phosphinates (hypophosphites) and phosphonates (phosphites) in the world?

China remains the largest phosphinates and phosphonates producing country worldwide, accounting for 52% of total volume. Moreover, phosphinates and phosphonates production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The United States ranked third in terms of total production with a 4.4% share.

What are the leading suppliers of phosphinates (hypophosphites) and phosphonates (phosphites) to Venezuela?

In value terms, the largest phosphinates and phosphonates suppliers to Venezuela were Colombia, Belgium and Spain, with a combined 64% share of total imports.

What are the leading importers of phosphinates (hypophosphites) and phosphonates (phosphites) from Venezuela?

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

What is the average export price for phosphinates (hypophosphites) and phosphonates (phosphites) in Venezuela?

The average phosphinates and phosphonates export price stood at $496 per ton in 2021, remaining stable against the previous year.

What is the average import price for phosphinates (hypophosphites) and phosphonates (phosphites) in Venezuela?

The average phosphinates and phosphonates import price stood at $2,802 per ton in 2021, dropping by -27% against the previous year.

This report provides an in-depth analysis of the phosphinates and phosphonates 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 20134220 - Phosphinates (hypophosphites) and phosphonates (phosphites)

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
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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
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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