Report Update Nov 1, 2024

Venezuela - Pigments, Opacifiers and Colours for Ceramics, Enamelling or Glass - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass 2024

Market Size for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Venezuela

The Venezuelan pigments, opacifiers and colours market surged to $X in 2022, rising by 127% 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). In general, consumption recorded a tangible expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Exports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Exports from Venezuela

In 2022, after seven years of growth, there was significant decline in overseas shipments of pigments, opacifiers and colours for ceramics, enamelling or glass, when their volume decreased by -5.6% to X kg. In general, exports, however, posted a perceptible expansion. The growth pace was the most rapid in 2017 with an increase of 75%. Over the period under review, the exports reached the peak figure at X kg in 2021, and then reduced in the following year.

In value terms, pigments, opacifiers and colours exports totaled $X in 2022. Overall, exports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 100%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X kg) was the main destination for pigments, opacifiers and colours exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico amounted to +52.4%.

In value terms, Mexico ($X) also remains the key foreign market for pigments, opacifiers and colours for ceramics, enamelling or glass exports from Venezuela.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico totaled +41.1%.

Export Prices by Country

The average pigments, opacifiers and colours export price stood at $X per ton in 2022, rising by 9.9% against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by 24%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to -7.4% per year.

Imports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Imports into Venezuela

In 2022, approx. X tons of pigments, opacifiers and colours for ceramics, enamelling or glass were imported into Venezuela; rising by 72% on the previous year. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 627% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, pigments, opacifiers and colours imports soared to $X in 2022. Overall, imports posted a measured increase. The most prominent rate of growth was recorded in 2020 when imports increased by 914%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest pigments, opacifiers and colours supplier to Venezuela, accounting for a 34% share of total imports. Moreover, pigments, opacifiers and colours imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Mexico (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at +22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.4% per year) and Mexico (-12.5% per year).

In value terms, Italy ($X) constituted the largest supplier of pigments, opacifiers and colours for ceramics, enamelling or glass to Venezuela, comprising 37% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports. It was followed by Mexico, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled +35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+21.3% per year) and Mexico (-21.0% per year).

Import Prices by Country

The average pigments, opacifiers and colours import price stood at $X per ton in 2022, picking up by 41% against the previous year. Over the period under review, the import price enjoyed a pronounced increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($X per ton), while the price for Mexico ($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 (+11.9%), 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 pigments, opacifiers and colours for ceramics, enamelling or glass in the world?

The country with the largest volume of pigments, opacifiers and colours consumption was China, comprising approx. 22% of total volume. Moreover, pigments, opacifiers and colours consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.7% share.

What are the largest producers of pigments, opacifiers and colours for ceramics, enamelling or glass in the world?

The countries with the highest volumes of in 2021 were China, Spain and the United States, together comprising 46% of global production. Italy, India, Japan, Russia, Brazil, Indonesia, France, Germany, Mexico and South Korea lagged somewhat behind, together comprising a further 39%.

What are the leading suppliers of pigments, opacifiers and colours for ceramics, enamelling or glass to Venezuela?

In value terms, China constituted the largest supplier of pigments, opacifiers and colours to Venezuela, comprising 43% of total imports. The second position in the ranking was occupied by Italy, with an 18% share of total imports. It was followed by Spain, with a 13% share.

What are the leading importers of pigments, opacifiers and colours for ceramics, enamelling or glass from Venezuela?

In value terms, Mexico $538) remains the key foreign market for pigments, opacifiers and colours exports from Venezuela.

What is the average export price for pigments, opacifiers and colours for ceramics, enamelling or glass in Venezuela?

The average pigments, opacifiers and colours export price stood at $4,269 per ton in 2021, growing by 6% against the previous year.

What is the average import price for pigments, opacifiers and colours for ceramics, enamelling or glass in Venezuela?

In 2021, the average pigments, opacifiers and colours import price amounted to $5,527 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the market for pigments, opacifiers and colours 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 20302130 - Prepared pigments, opacifiers, colours and similar preparations for ceramics, enamelling or glass

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