Venezuela: Dental Hygiene Preparations Market 2024

Dental Hygiene Preparations Market Size in Venezuela

The Venezuelan dental hygiene preparations market declined dramatically to $X in 2022, with a decrease of X% 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 showed a sharp shrinkage. Dental hygiene preparations consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Dental Hygiene Preparations Exports

Exports from Venezuela

In 2022, overseas shipments of preparations for oral or dental hygiene increased by X% to X tons, rising for the fourth consecutive year after four years of decline. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, dental hygiene preparations exports skyrocketed to $X in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Aruba (X tons), Singapore (X tons) and Colombia (X kg) were the main destinations of dental hygiene preparations exports from Venezuela, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the key foreign market for preparations for oral or dental hygiene exports from Venezuela, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with an X% share of total exports.

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

Export Prices by Country

In 2022, the average dental hygiene preparations export price amounted to $X per ton, waning by X% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dental hygiene preparations export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Aruba ($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 Panama (X%), while the prices for the other major destinations experienced mixed trend patterns.

Dental Hygiene Preparations Imports

Imports into Venezuela

In 2022, the amount of preparations for oral or dental hygiene imported into Venezuela dropped rapidly to X tons, which is down by X% against 2021 figures. Over the period under review, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 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, dental hygiene preparations imports declined sharply to $X in 2022. In general, imports faced a sharp contraction. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest dental hygiene preparations supplier to Venezuela, with a X% share of total imports. Moreover, dental hygiene preparations imports from Brazil exceeded the figures recorded by the second-largest supplier, Ireland (X tons), sixfold. Cuba (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (X% per year) and Cuba (X% per year).

In value terms, Ireland ($X) constituted the largest supplier of preparations for oral or dental hygiene to Venezuela, comprising X% of total imports. The second position in the ranking was held by Cuba ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ireland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cuba (X% per year) and Brazil (X% per year).

Import Prices by Country

The average dental hygiene preparations import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dental hygiene preparations import price decreased by X% against 2018 indices. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Ireland ($X per ton), while the price for Brazil ($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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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