Report Update Nov 1, 2024

Venezuela - Sulphur (Sublimed or Precipitated) and Colloidal Sulphur - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Sulphur Market 2024

Sulphur Market Size in Venezuela

The Venezuelan sulphur market reduced slightly to $X in 2021, waning by -3.2% against the previous year. Overall, consumption, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2020 when the market value increased by 6.9% against the previous year. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Sulphur Production in Venezuela

In value terms, sulphur production declined to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2020 with an increase of 9.7%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Sulphur Exports

Exports from Venezuela

After two years of decline, overseas shipments of sulphur (sublimed or precipitated) and colloidal sulphur increased by 13% to X tons in 2021. Over the period under review, exports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 708%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, sulphur exports reduced to $X in 2021. Overall, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of 570%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Paraguay (X tons) was the main destination for sulphur exports from Venezuela, with a 73% share of total exports. Moreover, sulphur exports to Paraguay exceeded the volume sent to the second major destination, Costa Rica (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Paraguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (0.0% per year) and Guatemala (-31.2% per year).

In value terms, Paraguay ($X) emerged as the key foreign market for sulphur (sublimed or precipitated) and colloidal sulphur exports from Venezuela, comprising 68% of total exports. The second position in the ranking was held by Costa Rica ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Paraguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (0.0% per year) and Guatemala (-33.1% per year).

Export Prices by Country

The average sulphur export price stood at $X per ton in 2021, which is down by -17.5% against the previous year. In general, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 43% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (-2.8%).

Sulphur Imports

Imports into Venezuela

In 2021, purchases abroad of sulphur (sublimed or precipitated) and colloidal sulphur increased by 3.3% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2016 when imports increased by 123%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, sulphur imports expanded modestly to $X in 2021. Over the period under review, imports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2016 when imports increased by 99% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) was the main sulphur supplier to Venezuela, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +2.6%.

In value terms, the United States ($X) constituted the largest supplier of sulphur (sublimed or precipitated) and colloidal sulphur to Venezuela.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -1.4%.

Import Prices by Country

In 2021, the average sulphur import price amounted to $X per ton, approximately equating the previous year. Overall, the import price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 42%. 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.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -3.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphur (sublimed or precipitated) and colloidal sulphur in the world?

China constituted the country with the largest volume of sulphur consumption, accounting for 27% of total volume. Moreover, sulphur consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the U.S., with a 6.2% share.

What are the largest producers of sulphur (sublimed or precipitated) and colloidal sulphur in the world?

China constituted the country with the largest volume of sulphur production, comprising approx. 27% of total volume. Moreover, sulphur production in China exceeded the figures recorded by the second-largest producer, India, twofold. The U.S. ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of sulphur (sublimed or precipitated) and colloidal sulphur to Venezuela?

In value terms, the U.S. constituted the largest supplier of sulphur to Venezuela.

What is the average export price for sulphur (sublimed or precipitated) and colloidal sulphur in Venezuela?

The average sulphur export price stood at $3,955 per ton in 2014, almost unchanged from the previous year.

What is the average import price for sulphur (sublimed or precipitated) and colloidal sulphur in Venezuela?

The average sulphur import price stood at $1,768 per ton in 2020, growing by 36% against the previous year.

This report provides an in-depth analysis of the sulphur 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 20132120 - Sulphur, sublimed or precipitated, colloidal sulphur

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
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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