Report Update Nov 1, 2024

Venezuela - Unwrought Zinc Alloys - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Unwrought Zinc Alloys Market 2024

Unwrought Zinc Alloys Market Size in Venezuela

In 2022, the Venezuelan unwrought zinc alloys market decreased by -5.7% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption recorded a dramatic decrease. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Unwrought Zinc Alloys Exports

Exports from Venezuela

In 2019, after two years of growth, there was decline in overseas shipments of unwrought zinc alloys, when their volume decreased by -3.5% to X tons. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 98%. As a result, the exports reached the peak of X tons, and then declined slightly in the following year.

In value terms, unwrought zinc alloys exports declined slightly to $X in 2019. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 111% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

India (X tons) was the main destination for unwrought zinc alloys exports from Venezuela, with a approx. 100% share of total exports.

From 2017 to 2019, the average annual growth rate of volume to India was relatively modest.

In value terms, India ($X) emerged as the key foreign market for unwrought zinc alloys exports from Venezuela.

From 2017 to 2019, the average annual rate of growth in terms of value to India was relatively modest.

Export Prices by Country

In 2019, the average unwrought zinc alloys export price amounted to $X per ton, rising by 2.9% against the previous year. Over the last two years, it increased at an average annual rate of +4.9%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 6.9% against the previous year. The export price peaked in 2019 and is expected to retain growth in years to come.

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

From 2017 to 2019, the rate of growth in terms of prices for Peru amounted to +6.9% per year.

Unwrought Zinc Alloys Imports

Imports into Venezuela

In 2022, overseas purchases of unwrought zinc alloys decreased by -2.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports showed a dramatic descent. The pace of growth was the most pronounced in 2014 with an increase of 100% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, unwrought zinc alloys imports declined to $X in 2022. In general, imports saw a precipitous setback. The pace of growth appeared the most rapid in 2014 when imports increased by 121% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Peru (X tons), Mexico (X tons) and Panama (X tons) were the main suppliers of unwrought zinc alloys imports to Venezuela, with a combined 90% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of -6.3%), while purchases for the other leaders experienced a decline.

In value terms, Peru ($X) constituted the largest supplier of unwrought zinc alloys to Venezuela, comprising 52% of total imports. The second position in the ranking was held by Mexico ($X), with a 21% share of total imports. It was followed by Panama, with a 19% share.

From 2012 to 2022, the average annual growth rate of value from Peru stood at -29.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-16.0% per year) and Panama (-1.3% per year).

Import Prices by Country

The average unwrought zinc alloys import price stood at $X per ton in 2022, declining by -4.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2017 an increase of 31% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then reduced slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for unwrought zinc alloys in the world?

China remains the largest unwrought zinc alloys consuming country worldwide, accounting for 20% of total volume. Moreover, unwrought zinc alloys consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of unwrought zinc alloys in the world?

The country with the largest volume of unwrought zinc alloys production was China, accounting for 19% of total volume. Moreover, unwrought zinc alloys production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.5% share.

What are the leading suppliers of unwrought zinc alloys to Venezuela?

In value terms, Peru constituted the largest supplier of unwrought zinc alloys to Venezuela, comprising 68% of total imports. The second position in the ranking was occupied by Panama, with a 15% share of total imports. It was followed by Mexico, with a 12% share.

What is the average export price for unwrought zinc alloys in Venezuela?

In 2019, the average unwrought zinc alloys export price amounted to $2,631 per ton, increasing by 2.9% against the previous year.

What is the average import price for unwrought zinc alloys in Venezuela?

The average unwrought zinc alloys import price stood at $2,466 per ton in 2021, with an increase of 10% against the previous year.

This report provides an in-depth analysis of the unwrought zinc alloys 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 24431250 - Unwrought zinc alloys (excluding zinc dust, powders and flakes)

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