Report Update Nov 1, 2024

Venezuela - Rubber Tubing not Reinforced - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in Venezuela

In 2021, the Venezuelan non-reinforced rubber tubing market increased by 18% to $X, rising for the third consecutive year after five years of decline. In general, consumption, however, faced a abrupt decline. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Non-Reinforced Rubber Tubing Exports

Exports from Venezuela

Non-reinforced rubber tubing exports from Venezuela contracted to X kg in 2021, declining by -2.8% on 2020 figures. Overall, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2015 when exports increased by 126% against the previous year. As a result, the exports attained the peak of X kg. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, non-reinforced rubber tubing exports rose sharply to $X in 2021. In general, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2015 with an increase of 74%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Colombia (X kg) was the main destination for non-reinforced rubber tubing exports from Venezuela, with a 98% share of total exports. It was followed by Panama (X kg), with a 1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Colombia amounted to +14.7%.

In value terms, Colombia ($X) remains the key foreign market for rubber tubing not reinforced exports from Venezuela, comprising 83% of total exports. The second position in the ranking was taken by Panama ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Colombia totaled +8.6%.

Export Prices by Country

The average non-reinforced rubber tubing export price stood at $X per ton in 2021, rising by 15% against the previous year. Over the period under review, the export price, however, showed a pronounced decrease. The growth pace was the most rapid in 2020 an increase of 16% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Colombia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+24.6%).

Non-Reinforced Rubber Tubing Imports

Imports into Venezuela

In 2021, supplies from abroad of rubber tubing not reinforced increased by 14% to X tons, rising for the third year in a row after five years of decline. Over the period under review, imports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when imports increased by 189%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, non-reinforced rubber tubing imports surged to $X in 2021. In general, imports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2019 when imports increased by 103%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest non-reinforced rubber tubing supplier to Venezuela, with a 59% share of total imports. Moreover, non-reinforced rubber tubing imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), threefold. Malaysia (X tons) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+40.2% per year) and Malaysia (-17.1% per year).

In value terms, China ($X) constituted the largest supplier of rubber tubing not reinforced to Venezuela, comprising 62% of total imports. The second position in the ranking was held by the United States ($X), with a 6.3% share of total imports. It was followed by Brazil, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-33.5% per year) and Brazil (-19.3% per year).

Import Prices by Country

In 2021, the average non-reinforced rubber tubing import price amounted to $X per ton, with an increase of 5.4% against the previous year. Overall, the import price, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2014 an increase of 38% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+20.7%), 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 rubber tubing not reinforced in the world?

China remains the largest non-reinforced rubber tubing consuming country worldwide, comprising approx. 27% of total volume. Moreover, non-reinforced rubber tubing consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 7% share.

What are the largest producers of rubber tubing not reinforced in the world?

China constituted the country with the largest volume of non-reinforced rubber tubing production, comprising approx. 32% of total volume. Moreover, non-reinforced rubber tubing production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 7.6% share.

What are the leading suppliers of rubber tubing not reinforced to Venezuela?

In value terms, the largest non-reinforced rubber tubing suppliers to Venezuela were Panama, China and Argentina, with a combined 76% share of total imports. Australia and Malaysia lagged somewhat behind, together comprising a further 5.8%.

What are the leading importers of rubber tubing not reinforced from Venezuela?

In value terms, Colombia $281) remains the key foreign market for non-reinforced rubber tubing exports from Venezuela, comprising 58% of total exports. The second position in the ranking was occupied by Aruba $120), with a 25% share of total exports.

What is the average export price for rubber tubing not reinforced in Venezuela?

In 2020, the average non-reinforced rubber tubing export price amounted to $936 per ton, declining by -15.1% against the previous year.

What is the average import price for rubber tubing not reinforced in Venezuela?

The average non-reinforced rubber tubing import price stood at $6,217 per ton in 2020, falling by -7.4% against the previous year.

This report provides an in-depth analysis of the non-reinforced rubber tubing 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 22193030 - Rubber tubing not reinforced

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:

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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
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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