Report Update Nov 1, 2024

Venezuela - Titanium Dioxide - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Titanium Dioxide Market 2024

Titanium Dioxide Market Size in Venezuela

The Venezuelan titanium dioxide market was finally on the rise to reach $X in 2021, after eight years of decline. Overall, consumption, however, saw a precipitous shrinkage. Titanium dioxide consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Titanium Dioxide Exports

Exports from Venezuela

In 2021, approx. less than X kg of titanium dioxide were exported from Venezuela; remaining constant against 2020 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern.

In value terms, titanium dioxide exports amounted to less than $X in 2021. Overall, exports recorded a relatively flat trend pattern.

Titanium Dioxide Imports

Imports into Venezuela

In 2021, overseas purchases of titanium dioxide were finally on the rise to reach X tons for the first time since 2012, thus ending a eight-year declining trend. In general, imports, however, recorded a sharp reduction. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, titanium dioxide imports expanded sharply to $X in 2021. Overall, imports, however, saw a dramatic curtailment. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of titanium dioxide to Venezuela, with a 59% share of total imports. Moreover, titanium dioxide imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Democratic People's Republic of Korea (X tons) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at -39.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-39.1% per year) and Democratic People's Republic of Korea (-22.0% per year).

In value terms, China ($X) constituted the largest supplier of titanium dioxide to Venezuela, comprising 57% of total imports. The second position in the ranking was held by Germany ($X), with a 28% share of total imports. It was followed by Democratic People's Republic of Korea, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -31.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-40.8% per year) and Democratic People's Republic of Korea (-13.3% per year).

Import Prices by Country

The average titanium dioxide import price stood at $X per ton in 2021, which is down by -1.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 31%. The import price peaked at $X per ton in 2020, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+14.5%), 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 titanium dioxide in the world?

The countries with the highest volumes of titanium dioxide consumption in 2020 were China, Germany and India, together accounting for 53% of global consumption. The United States, Japan, Indonesia, Mexico, France, the UK, Italy, Ethiopia and South Korea lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of titanium dioxide in the world?

The countries with the highest volumes of titanium dioxide production in 2020 were China, Germany and India, with a combined 61% share of global production. These countries were followed by the United States, Japan, Indonesia, France, Mexico, South Korea, the UK and Ethiopia, which together accounted for a further 24%.

What are the leading suppliers of titanium dioxide to Venezuela?

In value terms, the United States constituted the largest supplier of titanium dioxide to Venezuela, comprising 41% of total imports. The second position in the ranking was occupied by Democratic People's Republic of Korea, with an 11% share of total imports. It was followed by Finland, with an 8.8% share.

What is the average export price for titanium dioxide in Venezuela?

The average titanium dioxide export price stood at $2,825 per ton in 2008, remaining relatively unchanged against the previous year.

What is the average import price for titanium dioxide in Venezuela?

The average titanium dioxide import price stood at $3,544 per ton in 2020, rising by 3.4% against the previous year.

This report provides an in-depth analysis of the titanium dioxide 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 20121150 - Titanium oxides

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