Report Update Nov 1, 2024

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

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Venezuela: Titanium Dioxide Pigments Market 2024

Titanium Dioxide Pigments Market Size in Venezuela

In 2021, the Venezuelan titanium dioxide pigments market increased by 221% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a abrupt contraction. Titanium dioxide pigments consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Titanium Dioxide Pigments Exports

Exports from Venezuela

In 2021, exports of titanium dioxide pigments and colouring preparations from Venezuela soared to X tons, jumping by 19% against the previous year. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 99% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, titanium dioxide pigments exports dropped to $X in 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 192%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Colombia (X tons) was the main destination for titanium dioxide pigments exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Colombia amounted to +30.9%.

In value terms, Colombia ($X) also remains the key foreign market for titanium dioxide pigments and colouring preparations exports from Venezuela.

From 2012 to 2021, the average annual rate of growth in terms of value to Colombia amounted to +26.7%.

Export Prices by Country

The average titanium dioxide pigments export price stood at $X per ton in 2021, waning by -17.9% against the previous year. Over the period under review, the export price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2018 an increase of 146% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to +0.9% per year.

Titanium Dioxide Pigments Imports

Imports into Venezuela

In 2021, supplies from abroad of titanium dioxide pigments and colouring preparations increased by 152% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a abrupt curtailment. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, titanium dioxide pigments imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a abrupt descent. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Norway (X tons) and Colombia (X tons) were the main suppliers of titanium dioxide pigments imports to Venezuela, together accounting for 85% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Colombia (with a CAGR of +20.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest titanium dioxide pigments suppliers to Venezuela were China ($X), Norway ($X) and Mexico ($X), with a combined 85% share of total imports. Colombia, the United States, Germany and Malaysia lagged somewhat behind, together accounting for a further 6.8%.

In terms of the main suppliers, Colombia, with a CAGR of +19.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average titanium dioxide pigments import price stood at $X per ton in 2021, increasing by 38% against the previous year. Overall, the import price, however, showed a mild setback. The import price peaked at $X per ton in 2012; however, from 2013 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 Mexico ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+7.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium dioxide pigments and colouring preparations in the world?

The countries with the highest volumes of in 2021 were China, the United States and Russia, with a combined 42% share of global consumption. Germany, Mexico, India, South Korea, Turkey, Japan, Italy, Brazil, Spain and Canada lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of titanium dioxide pigments and colouring preparations in the world?

The country with the largest volume of titanium dioxide pigments production was China, accounting for 36% of total volume. Moreover, titanium dioxide pigments production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Germany ranked third in terms of total production with a 5.6% share.

What are the leading suppliers of titanium dioxide pigments and colouring preparations to Venezuela?

In value terms, Norway constituted the largest supplier of titanium dioxide pigments to Venezuela, comprising 77% of total imports. The second position in the ranking was occupied by the United States, with a 9.5% share of total imports. It was followed by Mexico, with a 5.1% share.

What are the leading importers of titanium dioxide pigments and colouring preparations from Venezuela?

In value terms, Colombia remains the key foreign market for titanium dioxide pigments exports from Venezuela.

What is the average export price for titanium dioxide pigments and colouring preparations in Venezuela?

The average titanium dioxide pigments export price stood at $3,289 per ton in 2021, remaining relatively unchanged against the previous year.

What is the average import price for titanium dioxide pigments and colouring preparations in Venezuela?

In 2021, the average titanium dioxide pigments import price amounted to $2,458 per ton, increasing by 8% against the previous year.

This report provides an in-depth analysis of the titanium dioxide 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 20122415 - Pigments and preparations based on titanium dioxide containing . .80 % by weight of titanium dioxide
Prodcom 20122419 - Pigments and preparations based on titanium dioxide (excluding those containing . .80 % by weight of titanium dioxide)

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