Report Update Nov 1, 2024

Venezuela - Vulcanised Rubber Thread and Cord - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Venezuela: Vulcanised Rubber Thread Market 2024

Vulcanised Rubber Thread Market Size in Venezuela

The Venezuelan vulcanised rubber thread market surged to $X in 2021, increasing by 306% 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). In general, consumption, however, showed a perceptible decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Vulcanised Rubber Thread Exports

Exports from Venezuela

In 2018, overseas shipments of vulcanised rubber thread and cord decreased by 0% to X kg for the first time since 2014, thus ending a three-year declining trend. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2014 when exports increased by 1,332% against the previous year. Over the period under review, the exports attained the peak figure in 2018 and are likely to continue growth in years to come.

In value terms, vulcanised rubber thread exports amounted to $X in 2018. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 1,841%. The exports peaked in 2018 and are likely to see gradual growth in the near future.

Exports by Country

Chile (X kg) was the main destination for vulcanised rubber thread exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2013 to 2018, the average annual rate of growth in terms of volume to Chile was relatively modest.

From 2013 to 2018, the average annual rate of growth in terms of value to Chile was relatively modest.

Export Prices by Country

The average vulcanised rubber thread export price stood at $X per ton in 2018, standing approx. at the previous year. In general, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2015 an increase of 69% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2018, the average export prices remained at a lower figure.

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

From 2013 to 2018, the rate of growth in terms of prices for Costa Rica amounted to +860.6% per year.

Vulcanised Rubber Thread Imports

Imports into Venezuela

Vulcanised rubber thread imports into Venezuela skyrocketed to X tons in 2021, picking up by 293% against the previous year's figure. Over the period under review, imports, however, showed a pronounced setback. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, vulcanised rubber thread imports soared to $X in 2021. In general, imports, however, continue to indicate a pronounced setback. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Thailand (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of vulcanised rubber thread imports to Venezuela, together accounting for 43% of total imports. These countries were followed by Malaysia and Italy, which together accounted for a further 1.9%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +37.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of vulcanised rubber thread and cord to Venezuela, comprising 30% of total imports. The second position in the ranking was held by Thailand ($X), with a 14% share of total imports. It was followed by Taiwan (Chinese), with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +25.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-17.2% per year) and Taiwan (Chinese) (+16.5% per year).

Import Prices by Country

In 2021, the average vulcanised rubber thread import price amounted to $X per ton, surging by 4.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 27%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.7%), 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 vulcanised rubber thread and cord in the world?

China remains the largest vulcanised rubber thread consuming country worldwide, accounting for 32% of total volume. Moreover, vulcanised rubber thread consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold. The U.S. ranked third in terms of total consumption with a 7.4% share.

What are the largest producers of vulcanised rubber thread and cord in the world?

Thailand constituted the country with the largest volume of vulcanised rubber thread production, comprising approx. 49% of total volume. Moreover, vulcanised rubber thread production in Thailand exceeded the figures recorded by the second-largest producer, Malaysia, twofold. The third position in this ranking was occupied by India, with a 7.9% share.

What are the leading suppliers of vulcanised rubber thread and cord to Venezuela?

In value terms, China, Thailand and Taiwan Chinese) were the largest vulcanised rubber thread suppliers to Venezuela, together accounting for 84% of total imports. Malaysia, Italy and Panama lagged somewhat behind, together accounting for a further 11%.

What is the average export price for vulcanised rubber thread and cord in Venezuela?

The average vulcanised rubber thread export price stood at $3,514 per ton in 2018, standing approx. at the previous year.

What is the average import price for vulcanised rubber thread and cord in Venezuela?

The average vulcanised rubber thread import price stood at $3,459 per ton in 2020, reducing by -7.7% against the previous year.

This report provides an in-depth analysis of the vulcanised rubber thread 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 22192050 - Vulcanised rubber thread and cord

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