Report Update Jan 1, 2025

Venezuela - Synthetic Organic Coloring Matter and Pigments - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Organic Pigments Market 2025

Organic Pigments Market Size in Venezuela

In 2021, the Venezuelan organic pigments market increased by 139% to $X for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, consumption, however, continues to indicate a deep reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Organic Pigments Exports

Exports from Venezuela

In 2021, shipments abroad of synthetic organic coloring matter and pigments increased by 19% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, faced a deep downturn. The growth pace was the most rapid in 2014 when exports increased by 229% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, organic pigments exports expanded remarkably to $X in 2021. In general, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2014 when exports increased by 222% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Chile (X tons) was the main destination for organic pigments exports from Venezuela, accounting for a 520% share of total exports. Moreover, organic pigments exports to Chile exceeded the volume sent to the second major destination, Aruba (X tons), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Chile was relatively modest.

In value terms, Chile ($X) emerged as the key foreign market for synthetic organic coloring matter and pigments exports from Venezuela, comprising 261% of total exports. The second position in the ranking was held by Aruba ($X), with a 61% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile was relatively modest.

Export Prices by Country

The average organic pigments export price stood at $X per ton in 2021, declining by -5.8% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 an increase of 151%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Aruba ($X per ton), while the average price for exports to Chile stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+42.8%), while the prices for the other major destinations experienced more modest paces of growth.

Organic Pigments Imports

Imports into Venezuela

In 2021, supplies from abroad of synthetic organic coloring matter and pigments increased by 135% to X tons, rising for the second consecutive year after seven years of decline. Over the period under review, imports, however, recorded a abrupt shrinkage. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, organic pigments imports surged to $X in 2021. Overall, imports, however, saw a deep slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

India (X tons), the United States (X tons) and Switzerland (X tons) were the main suppliers of organic pigments imports to Venezuela, with a combined 36% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of -7.7%), while purchases for the other leaders experienced a decline.

In value terms, the largest organic pigments suppliers to Venezuela were India ($X), the United States ($X) and Spain ($X), with a combined 33% share of total imports.

Among the main suppliers, Spain, with a CAGR of -3.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average organic pigments import price amounted to $X per ton, picking up by 2% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 26% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+16.1%), 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 synthetic organic coloring matter and pigments in the world?

The countries with the highest volumes of organic pigments consumption in 2021 were China, the United States and India, together comprising 43% of global consumption. These countries were followed by Turkey, Brazil, Indonesia, Taiwan Chinese), Bangladesh, Japan, Italy, Spain, Thailand and Russia, which together accounted for a further 32%.

What are the largest producers of synthetic organic coloring matter and pigments in the world?

The countries with the highest volumes of organic pigments production in 2021 were China, India and the United States, with a combined 59% share of global production. These countries were followed by Turkey, Brazil, Indonesia, Spain, Taiwan Chinese) and Japan, which together accounted for a further 22%.

What are the leading suppliers of synthetic organic coloring matter and pigments to Venezuela?

In value terms, the largest organic pigments suppliers to Venezuela were India, the United States and Spain, with a combined 70% share of total imports.

What are the leading importers of synthetic organic coloring matter and pigments from Venezuela?

In value terms, Chile emerged as the key foreign market for organic pigments exports from Venezuela, comprising 81% of total exports. The second position in the ranking was occupied by Aruba, with a 19% share of total exports.

What is the average export price for synthetic organic coloring matter and pigments in Venezuela?

In 2021, the average organic pigments export price amounted to $3,293 per ton, growing by 3.4% against the previous year.

What is the average import price for synthetic organic coloring matter and pigments in Venezuela?

In 2021, the average organic pigments import price amounted to $8,691 per ton, with an increase of 4.8% against the previous year.

This report provides an in-depth analysis of the organic pigments 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 20122110 - Disperse dyes and preparations based thereon
Prodcom 20122120 - Acid and mordant dyes and preparations based thereon
Prodcom 20122130 - Basic dyes and preparations based thereon
Prodcom 20122140 - Direct dyes and preparations based thereon
Prodcom 20122150 - Other synthetic organic colouring matters
Prodcom 20122160 - Synthetic organic products used as fluorescent brightening agents
Prodcom 20122170 - Colour lakes, preparations based on colour lakes

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024