Report Update Nov 1, 2024

Venezuela - Spools, Cops, Bobbins and Similar Supports of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Plastic Supports Market 2024

Plastic Supports Market Size in Venezuela

In 2022, the Venezuelan plastic supports market increased by 17% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a deep reduction. Plastic supports consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Plastic Supports Exports

Exports from Venezuela

In 2022, overseas shipments of spools, cops, bobbins and similar supports of plastics were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2017 when exports increased by 849%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic supports exports soared to $X in 2022. In general, exports posted a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 981% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Colombia (X kg) was the main destination for plastic supports exports from Venezuela, accounting for a 95% share of total exports. Moreover, plastic supports exports to Colombia exceeded the volume sent to the second major destination, Italy (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Colombia stood at +20.0%.

In value terms, Colombia ($X) remains the key foreign market for spools, cops, bobbins and similar supports of plastics exports from Venezuela, comprising 91% of total exports. The second position in the ranking was taken by Italy ($X), with an 8.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Colombia amounted to +9.7%.

Export Prices by Country

In 2022, the average plastic supports export price amounted to $X per ton, waning by -18.8% against the previous year. In general, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Colombia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-8.6%).

Plastic Supports Imports

Imports into Venezuela

In 2022, supplies from abroad of spools, cops, bobbins and similar supports of plastics was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2019 with an increase of 194% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic supports imports rose remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2019 when imports increased by 223% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Ecuador (X tons), China (X tons) and Peru (X tons) were the main suppliers of plastic supports imports to Venezuela, with a combined 73% share of total imports. India, Germany, Italy, the United States and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +26.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), China ($X) and Germany ($X) constituted the largest plastic supports suppliers to Venezuela, with a combined 59% share of total imports.

Among the main suppliers, Germany, with a CAGR of +13.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average plastic supports import price amounted to $X per ton, shrinking by -11.6% against the previous year. In general, the import price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2013 when the average import price increased by 33%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for India ($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 (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for spools, cops, bobbins and similar supports of plastics in the world?

Russia remains the largest plastic supports consuming country worldwide, comprising approx. 97% of total volume.

What are the largest producers of spools, cops, bobbins and similar supports of plastics in the world?

Russia constituted the country with the largest volume of plastic supports production, comprising approx. 97% of total volume.

What are the leading suppliers of spools, cops, bobbins and similar supports of plastics to Venezuela?

In value terms, the largest plastic supports suppliers to Venezuela were the United States and Italy.

What is the average export price for spools, cops, bobbins and similar supports of plastics in Venezuela?

The average plastic supports export price stood at $1,219 per ton in 2017, therefore, remained relatively stable against the previous year.

What is the average import price for spools, cops, bobbins and similar supports of plastics in Venezuela?

In 2021, the average plastic supports import price amounted to $2,832 per ton, declining by -23.2% against the previous year.

This report provides an in-depth analysis of the plastic supports 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 22221910 - Spools, cops, bobbins and similar supports, of plastics

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