Report Update Jan 1, 2025

Venezuela - Threaded Articles of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Threaded Metal Articles Market 2025

Threaded Metal Articles Market Size in Venezuela

In 2021, after eight years of decline, there was growth in the Venezuelan threaded metal articles market, when its value increased by 3.8% to $X. In general, consumption, however, recorded a dramatic curtailment. Threaded metal articles consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Threaded Metal Articles Exports

Exports from Venezuela

In 2021, after two years of decline, there was significant growth in shipments abroad of threaded articles of iron or steel, when their volume increased by 984% to X kg. Over the period under review, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, threaded metal articles exports surged to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X kg) was the main destination for threaded metal articles exports from Venezuela, with a 50% share of total exports. Moreover, threaded metal articles exports to Colombia exceeded the volume sent to the second major destination, Saint Vincent and the Grenadines (X kg), threefold. Austria (X kg) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Colombia stood at +6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Vincent and the Grenadines (-10.0% per year) and Austria (0.0% per year).

In value terms, Romania ($X), Colombia ($X) and Austria ($X) were the largest markets for threaded metal articles exported from Venezuela worldwide, together comprising 67% of total exports.

In terms of the main countries of destination, Colombia, with a CAGR of +10.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average threaded metal articles export price stood at $X per ton in 2021, picking up by 18% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 31%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Saint Vincent and the Grenadines ($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 Romania (+11.6%), while the prices for the other major destinations experienced mixed trend patterns.

Threaded Metal Articles Imports

Imports into Venezuela

In 2021, purchases abroad of threaded articles of iron or steel was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, faced a precipitous descent. 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, threaded metal articles imports declined slightly to $X in 2021. Over the period under review, imports, however, recorded a precipitous setback. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Japan (X tons) and Panama (X tons) were the main suppliers of threaded metal articles imports to Venezuela, with a combined 78% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +6.8%), while purchases for the other leaders experienced a decline.

In value terms, Japan ($X) constituted the largest supplier of threaded articles of iron or steel to Venezuela, comprising 42% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 16% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Japan totaled -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-15.0% per year) and China (-43.1% per year).

Import Prices by Country

In 2021, the average threaded metal articles import price amounted to $X per ton, reducing by -25.6% against the previous year. In general, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2016 an increase of 47% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+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 threaded articles of iron or steel in the world?

China constituted the country with the largest volume of threaded metal articles consumption, accounting for 26% of total volume. Moreover, threaded metal articles consumption in China exceeded the figures recorded by the second-largest consumer, Italy, twofold. The third position in this ranking was occupied by India, with a 9.8% share.

What are the largest producers of threaded articles of iron or steel in the world?

The country with the largest volume of threaded metal articles production was China, accounting for 38% of total volume. Moreover, threaded metal articles production in China exceeded the figures recorded by the second-largest producer, India, threefold. Italy ranked third in terms of total production with an 11% share.

What are the leading suppliers of threaded articles of iron or steel to Venezuela?

In value terms, the largest threaded metal articles suppliers to Venezuela were the United States, Switzerland and Spain, with a combined 93% share of total imports.

What is the average export price for threaded articles of iron or steel in Venezuela?

The average threaded metal articles export price stood at $8,862 per ton in 2021, shrinking by -25.1% against the previous year.

What is the average import price for threaded articles of iron or steel in Venezuela?

In 2021, the average threaded metal articles import price amounted to $11,477 per ton, picking up by 263% against the previous year.

This report provides an in-depth analysis of the threaded metal articles 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 25941190 - Threaded articles, n.e.c., of iron or steel

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