Report Update Nov 1, 2024

Venezuela - Unsaturated Acyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Unsaturated Acyclic Hydrocarbons Market 2024

Unsaturated Acyclic Hydrocarbons Market Size in Venezuela

In 2021, the Venezuelan unsaturated acyclic hydrocarbons market decreased by -8.2% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption showed a deep contraction. Unsaturated acyclic hydrocarbons consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Unsaturated Acyclic Hydrocarbons Exports

Exports from Venezuela

In 2021, shipments abroad of unsaturated acyclic hydrocarbons decreased by -0.1% to X tons, falling for the fourth consecutive year after three years of growth. Overall, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 767%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, unsaturated acyclic hydrocarbons exports shrank to $X in 2021. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2017 when exports increased by 252% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Aruba (X tons) was the main destination for unsaturated acyclic hydrocarbons exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Aruba totaled +5.5%.

In value terms, Aruba ($X) also remains the key foreign market for unsaturated acyclic hydrocarbons exports from Venezuela.

From 2012 to 2021, the average annual growth rate of value to Aruba stood at -7.5%.

Export Prices by Country

The average unsaturated acyclic hydrocarbons export price stood at $X per ton in 2021, shrinking by -5.9% against the previous year. In general, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2018 an increase of 169% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +87.0% per year.

Unsaturated Acyclic Hydrocarbons Imports

Imports into Venezuela

In 2021, purchases abroad of unsaturated acyclic hydrocarbons decreased by -7.5% to X tons, falling for the third year in a row after three years of growth. In general, imports faced a abrupt contraction. The growth pace was the most rapid in 2016 when imports increased by 204%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, unsaturated acyclic hydrocarbons imports declined to $X in 2021. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 236%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X tons) was the main unsaturated acyclic hydrocarbons supplier to Venezuela, with a 100% share of total imports. It was followed by the United States (X tons), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the UK totaled -14.5%.

In value terms, the UK ($X) constituted the largest supplier of unsaturated acyclic hydrocarbons to Venezuela, comprising 100% of total imports. The second position in the ranking was taken by the United States ($X), with a 0.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the UK totaled -13.5%.

Import Prices by Country

The average unsaturated acyclic hydrocarbons import price stood at $X per ton in 2021, stabilizing at the previous year. Overall, the import price saw a pronounced contraction. The pace of growth was the most pronounced in 2014 an increase of 27%. The import price peaked at $X per ton in 2016; however, from 2017 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 the United States ($X per ton), while the price for the UK stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+1.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for unsaturated acyclic hydrocarbons in the world?

China remains the largest unsaturated acyclic hydrocarbons consuming country worldwide, comprising approx. 22% of total volume. Moreover, unsaturated acyclic hydrocarbons consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Belgium, with a 7.1% share.

What are the largest producers of unsaturated acyclic hydrocarbons in the world?

The countries with the highest volumes of unsaturated acyclic hydrocarbons production in 2021 were China, the United States and Iran, together accounting for 42% of global production.

What are the leading suppliers of unsaturated acyclic hydrocarbons to Venezuela?

In value terms, the United States constituted the largest supplier of unsaturated acyclic hydrocarbons to Venezuela.

What is the average import price for unsaturated acyclic hydrocarbons in Venezuela?

The average unsaturated acyclic hydrocarbons import price stood at $1,141 per ton in 2021, approximately reflecting the previous year.

This report provides an in-depth analysis of the unsaturated acyclic hydrocarbons 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 20141190 - Unsaturated acyclic hydrocarbons (excluding ethylene, p ropene, butene, buta-1,3-diene and isoprene)

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