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Report Venezuela - Rolls for Rolling Mills - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Venezuela - Rolls for Rolling Mills - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Venezuela

The Venezuelan mill rolling roll market fell remarkably to $X in 2022, declining by -30.6% 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). Overall, consumption continues to indicate a dramatic descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Mill Rolling Roll Exports

Exports from Venezuela

In 2018, shipments abroad of rolls for rolling mills decreased by 0% to less than X units for the first time since 2014, thus ending a three-year declining trend. In general, exports faced a precipitous decline. The smallest decline of -25% was in 2015. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2018, the exports remained at a lower figure.

In value terms, mill rolling roll exports stood at $X in 2018. Over the period under review, exports recorded a dramatic decrease. The smallest decline of -13.6% was in 2015. The exports peaked at $X in 2014; however, from 2015 to 2018, the exports remained at a lower figure.

Exports by Country

Ecuador (X units) was the main destination for mill rolling roll exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2014 to 2015, the average annual rate of growth in terms of volume to Ecuador totaled -25.0%.

In value terms, Ecuador ($X) also remains the key foreign market for rolls for rolling mills exports from Venezuela.

From 2014 to 2015, the average annual growth rate of value to Ecuador stood at -13.6%.

Export Prices by Country

In 2015, the average mill rolling roll export price amounted to $X per unit, rising by 15% against the previous year. Over the last one-year period, it increased at an average annual rate of +15.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2014 to 2015, the rate of growth in terms of prices for Ecuador amounted to +15.3% per year.

Mill Rolling Roll Imports

Imports into Venezuela

Mill rolling roll imports into Venezuela fell significantly to X units in 2022, reducing by -29.2% against the previous year's figure. Overall, imports showed a sharp setback. The most prominent rate of growth was recorded in 2013 when imports increased by 216% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, mill rolling roll imports reduced rapidly to $X in 2022. Over the period under review, imports faced a significant decrease. The growth pace was the most rapid in 2021 when imports increased by 418%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X units), Sweden (X units) and France (X units) were the main suppliers of mill rolling roll imports to Venezuela, with a combined 53% share of total imports. Argentina, Japan, China, Colombia, Brazil, Austria, Germany, the United States, Canada and South Korea lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of 0.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Sweden ($X) and France ($X) constituted the largest mill rolling roll suppliers to Venezuela, together accounting for 89% of total imports.

Among the main suppliers, Sweden, with a CAGR of -23.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average mill rolling roll import price stood at $X per unit in 2022, with a decrease of -15.8% against the previous year. Overall, the import price faced a abrupt contraction. The growth pace was the most rapid in 2021 when the average import price increased by 137% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, 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 France ($X per unit), while the price for Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-9.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Italy, China and South Africa, together accounting for 30% of global consumption.
China remains the largest mill rolling roll producing country worldwide, accounting for 33% of total volume. Moreover, mill rolling roll production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was occupied by Italy, with an 11% share.
In value terms, the largest mill rolling roll suppliers to Venezuela were France, Brazil and Italy, together accounting for 52% of total imports. Germany, Austria, South Korea and China lagged somewhat behind, together accounting for a further 12%.
In 2018, the average mill rolling roll export price amounted to $718 per unit, remaining relatively unchanged against the previous year.
The average mill rolling roll import price stood at $1,256 per unit in 2021, increasing by 5.5% against the previous year.

This report provides an in-depth analysis of the mill rolling roll 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 28911250 - Rolls for rolling mills

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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