Report Update Nov 1, 2024

Venezuela - Saturated Acyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in Venezuela

The Venezuelan saturated acyclic hydrocarbons market fell to $X in 2022, declining by -4.9% against the previous year. Over the period under review, consumption saw a perceptible decline. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Saturated Acyclic Hydrocarbons Production in Venezuela

In value terms, saturated acyclic hydrocarbons production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. Saturated acyclic hydrocarbons production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Saturated Acyclic Hydrocarbons Exports

Exports from Venezuela

In 2022, shipments abroad of saturated acyclic hydrocarbons decreased by -3.6% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a sharp reduction. The growth pace was the most rapid in 2019 when exports increased by 7.7%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons exports expanded remarkably to $X in 2022. In general, exports showed a dramatic slump. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for saturated acyclic hydrocarbons exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at -22.2%.

In value terms, the United States ($X) also remains the key foreign market for saturated acyclic hydrocarbons exports from Venezuela.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -28.1%.

Export Prices by Country

The average saturated acyclic hydrocarbons export price stood at $X per ton in 2022, increasing by 14% against the previous year. Overall, the export price, however, saw a deep contraction. The growth pace was the most rapid in 2016 an increase of 21% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, 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 the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -7.5% per year.

Saturated Acyclic Hydrocarbons Imports

Imports into Venezuela

After three years of decline, purchases abroad of saturated acyclic hydrocarbons increased by 55% to X tons in 2022. In general, imports, however, continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2018 when imports increased by 80%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons imports soared to $X in 2022. Over the period under review, imports, however, faced a sharp reduction. The pace of growth appeared the most rapid in 2018 with an increase of 96%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Colombia (X tons), the United States (X tons) and the Netherlands (X tons) were the main suppliers of saturated acyclic hydrocarbons imports to Venezuela, with a combined 99% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +46.5%), while purchases for the other leaders experienced a decline.

In value terms, the largest saturated acyclic hydrocarbons suppliers to Venezuela were the United States ($X), Colombia ($X) and the Netherlands ($X), with a combined 97% share of total imports.

The Netherlands, with a CAGR of +45.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average saturated acyclic hydrocarbons import price stood at $X per ton in 2022, reducing by -12.3% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic hydrocarbons import price increased by +85.4% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 55%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then fell in the following year.

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 the United States ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saturated acyclic hydrocarbons in the world?

The countries with the highest volumes of saturated acyclic hydrocarbons consumption in 2021 were Russia, China and India, together comprising 54% of global consumption. Canada, the United States, Qatar, Mexico, Finland, Japan, Spain, Brazil and Sweden lagged somewhat behind, together comprising a further 31%.

What are the largest producers of saturated acyclic hydrocarbons in the world?

The countries with the highest volumes of saturated acyclic hydrocarbons production in 2021 were Russia, the United States and China, with a combined 72% share of global production.

What are the leading suppliers of saturated acyclic hydrocarbons to Venezuela?

In value terms, the largest saturated acyclic hydrocarbons suppliers to Venezuela were the United States and Colombia.

What are the leading importers of saturated acyclic hydrocarbons from Venezuela?

In value terms, the United States remains the key foreign market for saturated acyclic hydrocarbons exports from Venezuela, comprising 72% of total exports. The second position in the ranking was occupied by Nicaragua, with a 28% share of total exports.

What is the average export price for saturated acyclic hydrocarbons in Venezuela?

In 2018, the average saturated acyclic hydrocarbons export price amounted to $1,095 per ton, which is down by -24.8% against the previous year.

What is the average import price for saturated acyclic hydrocarbons in Venezuela?

In 2021, the average saturated acyclic hydrocarbons import price amounted to $1,851 per ton, with a decrease of -4.1% against the previous year.

This report provides an in-depth analysis of the saturated acyclic hydrocarbons 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 20141120 - Saturated acyclic hydrocarbons

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