Venezuela: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Venezuela

The Venezuelan market for ready-mixed concrete and factory made mortars was estimated at $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Ready-Mixed Concrete And Factory Made Mortars in Venezuela

In value terms, production of ready-mixed concrete and factory made mortars reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports from Venezuela

Exports of ready-mixed concrete and factory made mortars from Venezuela amounted to X tons in 2019, remaining relatively unchanged against 2018 figures. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2019, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of ready-mixed concrete and factory made mortars totaled $X in 2019. In general, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2019, the growth of the exports of remained at a lower figure.

Exports by Country

Trinidad and Tobago (X tons) was the main destination for exports of ready-mixed concrete and factory made mortars from Venezuela, accounting for a approx. X% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to Trinidad and Tobago stood at X%.

From 2013 to 2019, the average annual rate of growth in terms of value to Trinidad and Tobago totaled X%.

Export Prices by Country

In 2019, the average export price for ready-mixed concrete and factory made mortars amounted to $X per ton, approximately reflecting the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2019, the average export prices remained at a lower figure.

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

From 2013 to 2019, the rate of growth in terms of prices for Aruba amounted to X% per year.

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports into Venezuela

In 2022, after two years of growth, there was significant decline in supplies from abroad of ready-mixed concrete and factory made mortars, when their volume decreased by X% to X tons. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of ready-mixed concrete and factory made mortars declined remarkably to $X in 2022. In general, imports showed a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main supplier of ready-mixed concrete and factory made mortar to Venezuela, with a X% share of total imports. Moreover, imports of ready-mixed concrete and factory made mortars from China exceeded the figures recorded by the second-largest supplier, Colombia (X tons), more than tenfold. The third position in this ranking was taken by Mexico (X kg), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of ready-mixed concrete and factory made mortars to Venezuela, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

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

Import Prices by Country

In 2022, the average import price for ready-mixed concrete and factory made mortars amounted to $X per ton, waning by X% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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