Report Update Nov 1, 2024

Venezuela - Prepared Baking Powders - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Prepared Baking Powder Market 2024

Prepared Baking Powder Market Size in Venezuela

The Venezuelan prepared baking powder market shrank modestly to $X in 2022, remaining constant against the previous year. In general, consumption recorded a relatively flat trend pattern. Prepared baking powder consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Prepared Baking Powder Production in Venezuela

In value terms, prepared baking powder production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 26%. Prepared baking powder production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Prepared Baking Powder Exports

Exports from Venezuela

In 2022, the amount of prepared baking powders exported from Venezuela amounted to X kg, almost unchanged from 2021 figures. Over the period under review, exports posted a tangible increase. The pace of growth appeared the most rapid in 2018 with an increase of 280% against the previous year. As a result, the exports attained the peak of X kg. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, prepared baking powder exports totaled $X in 2022. In general, exports continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2018 with an increase of 44%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bahrain (X kg) was the main destination for prepared baking powder 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 Bahrain was relatively modest.

From 2012 to 2022, the average annual growth rate of value to Bahrain was relatively modest.

Export Prices by Country

In 2022, the average prepared baking powder export price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2018 a decrease of -62.1%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 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 Bahrain.

From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to 0.0% per year.

Prepared Baking Powder Imports

Imports into Venezuela

Prepared baking powder imports into Venezuela contracted modestly to X tons in 2022, approximately mirroring the previous year's figure. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 292%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, prepared baking powder imports skyrocketed to $X in 2022. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 156%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Colombia (X tons) and Belgium (X tons) were the main suppliers of prepared baking powder imports to Venezuela, together accounting for 96% of total imports. These countries were followed by Lebanon, which accounted for a further 2.1%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lebanon (with a CAGR of +30.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Colombia ($X) and Belgium ($X) were the largest prepared baking powder suppliers to Venezuela, together comprising 89% of total imports. These countries were followed by Lebanon, which accounted for a further 3.9%.

Lebanon, with a CAGR of +38.1%, 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 more modest paces of growth.

Import Prices by Country

The average prepared baking powder import price stood at $X per ton in 2022, jumping by 17% against the previous year. Overall, the import price, however, continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2013 when the average import price increased by 63%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared baking powders in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 28% share of global consumption. Japan, Austria, Russia, Pakistan, Brazil, Indonesia, Bangladesh, Nigeria, the Philippines and Mexico lagged somewhat behind, together comprising a further 25%.

What are the largest producers of prepared baking powders in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 33% of global production. Japan, Austria, Russia, Pakistan, Germany, Mexico, Brazil, Thailand, Bangladesh and Turkey lagged somewhat behind, together accounting for a further 26%.

What are the leading suppliers of prepared baking powders to Venezuela?

In value terms, Colombia constituted the largest supplier of prepared baking powder to Venezuela, comprising 54% of total imports. The second position in the ranking was occupied by the United States, with a 24% share of total imports. It was followed by Belgium, with a 10% share.

What is the average export price for prepared baking powders in Venezuela?

The average prepared baking powder export price stood at $896 per ton in 2018, dropping by -62.1% against the previous year.

What is the average import price for prepared baking powders in Venezuela?

The average prepared baking powder import price stood at $6,351 per ton in 2021, standing approx. at the previous year.

This report provides an in-depth analysis of the prepared baking powder 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 10891370 - Prepared baking powders

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