Report Update Nov 1, 2024

Venezuela - Vulcanised Cellular Rubber Articles for Technical Uses - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2024

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in Venezuela

The Venezuelan vulcanised cellular rubber articles market surged to $X in 2021, picking up by 23% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a mild shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports from Venezuela

Vulcanised cellular rubber articles exports from Venezuela declined dramatically to X kg in 2021, falling by -21.8% compared with the previous year. In general, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 163%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, vulcanised cellular rubber articles exports totaled $X in 2021. Overall, exports, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 548%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X kg) was the main destination for vulcanised cellular rubber articles exports from Venezuela, accounting for a approx. 86% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Thailand totaled +99.7%.

In value terms, Thailand ($X) also remains the key foreign market for vulcanised cellular rubber articles for technical uses exports from Venezuela.

From 2012 to 2021, the average annual growth rate of value to Thailand totaled +130.5%.

Export Prices by Country

The average vulcanised cellular rubber articles export price stood at $X per ton in 2021, increasing by 29% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 175% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the rate of growth in terms of prices for Panama amounted to +38.7% per year.

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports into Venezuela

In 2021, imports of vulcanised cellular rubber articles for technical uses into Venezuela soared to X tons, rising by 26% on 2020 figures. Overall, imports, however, recorded a mild setback. The most prominent rate of growth was recorded in 2019 with an increase of 481%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, vulcanised cellular rubber articles imports expanded notably to $X in 2021. In general, imports, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2019 with an increase of 222% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) was the main supplier of vulcanised cellular rubber articles to Venezuela, with a 95% share of total imports. Moreover, vulcanised cellular rubber articles imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+77.1% per year) and Brazil (-48.4% per year).

In value terms, China ($X) constituted the largest supplier of vulcanised cellular rubber articles for technical uses to Venezuela, comprising 96% of total imports. The second position in the ranking was held by Colombia ($X), with a 2.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+53.0% per year) and Brazil (-49.5% per year).

Import Prices by Country

In 2021, the average vulcanised cellular rubber articles import price amounted to $X per ton, falling by -12.6% against the previous year. In general, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 51% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vulcanised cellular rubber articles for technical uses in the world?

China constituted the country with the largest volume of vulcanised cellular rubber articles consumption, accounting for 26% of total volume. Moreover, vulcanised cellular rubber articles consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 10% share.

What are the largest producers of vulcanised cellular rubber articles for technical uses in the world?

China constituted the country with the largest volume of vulcanised cellular rubber articles production, accounting for 33% of total volume. Moreover, vulcanised cellular rubber articles production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 7.3% share.

What are the leading suppliers of vulcanised cellular rubber articles for technical uses to Venezuela?

In value terms, China constituted the largest supplier of vulcanised cellular rubber articles to Venezuela.

What are the leading importers of vulcanised cellular rubber articles for technical uses from Venezuela?

In value terms, Thailand emerged as the key foreign market for vulcanised cellular rubber articles exports from Venezuela, comprising 80% of total exports. The second position in the ranking was occupied by Nicaragua, with a 20% share of total exports.

What is the average export price for vulcanised cellular rubber articles for technical uses in Venezuela?

The average vulcanised cellular rubber articles export price stood at $29,846 per ton in 2020, rising by 148% against the previous year.

What is the average import price for vulcanised cellular rubber articles for technical uses in Venezuela?

The average vulcanised cellular rubber articles import price stood at $5,318 per ton in 2020, rising by 44% against the previous year.

This report provides an in-depth analysis of the market for vulcanised cellular rubber articles 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 22197310 - Vulcanised cellular rubber articles for technical uses

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