Venezuela: Photographic Film Market 2025

Photographic Film Market Size in Venezuela

The Venezuelan photographic film market declined remarkably to $X in 2021, reducing by -22.6% 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). Over the period under review, consumption showed a precipitous decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Photographic Film Exports

Exports from Venezuela

Photographic film exports from Venezuela reduced dramatically to X square meters in 2021, declining by -78.1% against 2020. Over the period under review, exports showed a dramatic contraction. The pace of growth was the most pronounced in 2013 when exports increased by 80% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, photographic film exports shrank sharply to $X in 2021. Overall, exports recorded a sharp curtailment. The smallest decline of -17.1% was in 2014. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X square meters) was the main destination for photographic film exports from Venezuela, with a 86% share of total exports. Moreover, photographic film exports to the United States exceeded the volume sent to the second major destination, Belgium (X square meters), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-35.6% per year) and Panama (-20.6% per year).

In value terms, the United States ($X) remains the key foreign market for photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed exports from Venezuela, comprising 85% of total exports. The second position in the ranking was taken by Panama ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -35.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-22.5% per year) and Belgium (-50.9% per year).

Export Prices by Country

The average photographic film export price stood at $X per square meter in 2021, with a decrease of -30.4% against the previous year. Overall, the export price saw a sharp descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per square meter), while the average price for exports to Belgium ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-2.4%), while the prices for the other major destinations experienced a decline.

Photographic Film Imports

Imports into Venezuela

In 2021, the amount of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed imported into Venezuela shrank rapidly to X square meters, declining by -20.6% compared with the previous year. Overall, imports saw a precipitous shrinkage. The growth pace was the most rapid in 2019 with an increase of 121%. Over the period under review, imports reached the peak figure at X square meters in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, photographic film imports shrank remarkably to $X in 2021. In general, imports showed a precipitous contraction. The growth pace was the most rapid in 2019 with an increase of 97%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Argentina (X square meters), Belgium (X square meters) and the United States (X square meters) were the main suppliers of photographic film imports to Venezuela, with a combined 60% share of total imports. These countries were followed by Germany, Austria, Australia, China, Brazil and Japan, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of -3.6%), while purchases for the other leaders experienced a decline.

In value terms, the largest photographic film suppliers to Venezuela were Argentina ($X), Austria ($X) and Belgium ($X), together comprising 64% of total imports.

In terms of the main suppliers, Austria, with a CAGR of -2.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average photographic film import price stood at $X per square meter in 2021, with a decrease of -4.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 52% against the previous year. As a result, import price attained the peak level of $X per square meter, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per square meter), while the price for Brazil ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cuba (+67.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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