Report Update Nov 1, 2024

Venezuela - Slate - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Slate Market 2024

Slate Market Size in Venezuela

After two years of growth, the Venezuelan slate market decreased by -2.5% to $X in 2021. Overall, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +14.9% against 2018 indices. Slate consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Slate Production in Venezuela

In value terms, slate production dropped to $X in 2021 estimated in export price. Over the period under review, the total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +15.1% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of 25%. Slate production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Slate Exports

Exports from Venezuela

For the fourth consecutive year, Venezuela recorded growth in shipments abroad of slate, which increased by 2,051% to X tons in 2018. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, slate exports surged to $X in 2018. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Panama (X tons) was the main destination for slate exports from Venezuela, with a approx. 100% share of total exports.

From 2013 to 2018, the average annual growth rate of volume to Panama was relatively modest.

In value terms, Panama ($X) emerged as the key foreign market for slate exports from Venezuela.

From 2013 to 2018, the average annual rate of growth in terms of value to Panama was relatively modest.

Export Prices by Country

In 2018, the average slate export price amounted to $X per ton, reducing by -54.7% against the previous year. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 9.6% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2018, 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 Panama.

From 2013 to 2018, the rate of growth in terms of prices for Colombia amounted to -3.4% per year.

Slate Imports

Imports into Venezuela

In 2021, imports of slate into Venezuela surged to X tons, jumping by 440% against 2020. Overall, imports, however, showed a dramatic decrease. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, slate imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a precipitous curtailment. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Brazil (X tons) was the main supplier of slate to Venezuela, with a 96% share of total imports. It was followed by India (X kg), with a 1% share of total imports. The third position in this ranking was held by France (X kg), with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil stood at -24.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-40.8% per year) and France (-43.2% per year).

In value terms, Brazil ($X) constituted the largest supplier of slate to Venezuela, comprising 99% of total imports. The second position in the ranking was held by India ($X), with a 0.2% share of total imports. It was followed by China, with a 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil totaled -29.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-55.5% per year) and China (-55.5% per year).

Import Prices by Country

The average slate import price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, showed a deep contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-6.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for slate in the world?

The country with the largest volume of slate consumption was Sudan, accounting for 81% of total volume. Moreover, slate consumption in Sudan exceeded the figures recorded by the second-largest consumer, Japan, more than tenfold.

What are the largest producers of slate in the world?

The country with the largest volume of slate production was Sudan, comprising approx. 81% of total volume. Moreover, slate production in Sudan exceeded the figures recorded by the second-largest producer, Japan, more than tenfold. China ranked third in terms of total production with a 3.9% share.

What are the leading suppliers of slate to Venezuela?

In value terms, India constituted the largest supplier of slate to Venezuela.

What is the average export price for slate in Venezuela?

The average slate export price stood at $1,256 per ton in 2017, increasing by 40% against the previous year.

What is the average import price for slate in Venezuela?

The average slate import price stood at $171 per ton in 2021, falling by -5.6% against the previous year.

This report provides an in-depth analysis of the slate 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 08114000 - Slate, crude, roughly trimmed or merely cut into rectangular or square blocks or slabs

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