Report Update Nov 1, 2024

Venezuela - Talcum Powder and Other Powders for Cosmetic Use - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Talcum Powder Market 2024

Talcum Powder Market Size in Venezuela

In 2021, the Venezuelan talcum powder market increased by 204% to $X, rising for the third year in a row after six years of decline. Over the period under review, consumption, however, continues to indicate a deep contraction. Talcum powder consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Talcum Powder Exports

Exports from Venezuela

In 2021, overseas shipments of talcum powder and other powders for cosmetic use decreased by -17.1% to X kg, falling for the second year in a row after four years of growth. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2018 when exports increased by 207%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, talcum powder exports amounted to $X in 2021. Over the period under review, exports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2019 when exports increased by 259%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Colombia (X kg) was the main destination for talcum powder exports from Venezuela, accounting for a 94% share of total exports. Moreover, talcum powder exports to Colombia exceeded the volume sent to the second major destination, the Dominican Republic (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Colombia totaled -7.1%.

In value terms, Colombia ($X) remains the key foreign market for talcum powder exports from Venezuela, comprising 91% of total exports. The second position in the ranking was taken by the Dominican Republic ($X), with a 6.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Colombia amounted to +12.8%.

Export Prices by Country

In 2021, the average talcum powder export price amounted to $X per ton, with an increase of 21% against the previous year. Overall, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 115%. The export price peaked in 2021 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Colombia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+21.5%).

Talcum Powder Imports

Imports into Venezuela

In 2021, supplies from abroad of talcum powder and other powders for cosmetic use increased by 219% to X tons, rising for the third year in a row after six years of decline. Overall, imports, however, saw a abrupt slump. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, talcum powder imports surged to $X in 2021. Over the period under review, imports, however, showed a deep setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Colombia (X tons) constituted the largest talcum powder supplier to Venezuela, with a 71% share of total imports. Moreover, talcum powder imports from Colombia exceeded the figures recorded by the second-largest supplier, Italy (X tons), eightfold. The third position in this ranking was held by the United States (X tons), with a 9% share.

From 2012 to 2021, the average annual growth rate of volume from Colombia stood at -16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+13.8% per year) and the United States (-22.3% per year).

In value terms, the United States ($X), Italy ($X) and Colombia ($X) constituted the largest talcum powder suppliers to Venezuela, with a combined 84% share of total imports. These countries were followed by Panama, India, Turkey, Mexico and Peru, which together accounted for a further 14%.

India, with a CAGR of +18.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average talcum powder import price amounted to $X per ton, falling by -9.4% against the previous year. Over the period under review, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in 2014 an increase of 37%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by India (+17.8%), 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 talcum powder and other powders for cosmetic use in the world?

The countries with the highest volumes of in 2021 were China, Japan and the United States, with a combined 32% share of global consumption. India, Russia, the Philippines, the UK, Indonesia, France, Italy, Macao SAR and Saudi Arabia lagged somewhat behind, together comprising a further 34%.

What are the largest producers of talcum powder and other powders for cosmetic use in the world?

The countries with the highest volumes of in 2021 were China, Thailand and the United States, together comprising 57% of global production. These countries were followed by India, Russia, Italy and Indonesia, which together accounted for a further 24%.

What are the leading suppliers of talcum powder and other powders for cosmetic use to Venezuela?

In value terms, the largest talcum powder suppliers to Venezuela were the United States, Colombia and Panama, together accounting for 93% of total imports. India lagged somewhat behind, comprising a further 1.3%.

What are the leading importers of talcum powder and other powders for cosmetic use from Venezuela?

In value terms, Colombia remains the key foreign market for talcum powder exports from Venezuela, comprising 78% of total exports. The second position in the ranking was occupied by the Dominican Republic $307), with a 17% share of total exports. It was followed by Mexico, with a 3.2% share.

What is the average export price for talcum powder and other powders for cosmetic use in Venezuela?

In 2021, the average talcum powder export price amounted to $28,363 per ton, rising by 5.6% against the previous year.

What is the average import price for talcum powder and other powders for cosmetic use in Venezuela?

The average talcum powder import price stood at $4,899 per ton in 2021, growing by 5.3% against the previous year.

This report provides an in-depth analysis of the talcum powder 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 20421400 - Powders, whether or not compressed, for cosmetic use (including talcum powder)

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