Venezuela: Refined Lead Market 2022

Refined Lead Market Size in Venezuela

The Venezuelan refined lead market amounted to $X in 2020, approximately reflecting the previous year. In general, consumption, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Refined Lead Production in Venezuela

In value terms, refined lead production fell to $X in 2020 estimated in export prices. Over the period under review, production recorded a abrupt contraction. The growth pace was the most rapid in 2010 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Refined Lead Exports

Exports from Venezuela

In 2020, refined lead exports from Venezuela shrank to X tons, which is down by -X% on the year before. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Exports peaked at X tons in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, refined lead exports dropped to $X in 2020. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Colombia (X tons), Trinidad and Tobago (X tons) and India (X tons) were the main destinations of refined lead exports from Venezuela, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Trinidad and Tobago, while shipments for the other leaders experienced mixed trend patterns.

In value terms, Colombia ($X) remains the key foreign market for refined lead exports from Venezuela, comprising X% of total exports. The second position in the ranking was occupied by Trinidad and Tobago ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Colombia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Trinidad and Tobago (-X% per year) and the United States (-X% per year).

Export Prices by Country

The average refined lead export price stood at $X per ton in 2020, shrinking by -X% against the previous year. Overall, the export price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Colombia ($X per ton), while the average price for exports to Trinidad and Tobago ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Colombia, while the prices for the other major destinations experienced a decline.

Refined Lead Imports

Imports into Venezuela

In 2020, supplies from abroad of refined lead increased by X% to X tons, rising for the seventh consecutive year after two years of decline. In general, total imports indicated a modest increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2013 indices. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. Imports peaked in 2020 and are likely to see gradual growth in years to come.

In value terms, refined lead imports reached $X in 2020. Over the period under review, imports posted a moderate expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, the United States (X tons) constituted the largest refined lead supplier to Venezuela, with a X% share of total imports. Moreover, refined lead imports from the United States exceeded the figures recorded by the second-largest supplier, Peru (X tons), fourfold.

From 2007 to 2020, the average annual growth rate of volume from the United States totaled +X%.

In value terms, the United States ($X) constituted the largest supplier of refined lead to Venezuela, comprising X% of total imports. The second position in the ranking was occupied by Peru ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from the United States stood at +X%.

Import Prices by Country

The average refined lead import price stood at $X per ton in 2020, rising by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2010 an increase of X% y-o-y. The import price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($X per ton), while the price for Peru totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Peru.

Source: IndexBox Platform

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