Venezuela: Market for Non-Soap Surface-Active Washing and Cleaning Preparations 2024

Market Size for Non-Soap Surface-Active Washing and Cleaning Preparations in Venezuela

In 2021, the Venezuelan market for non-soap surface-active washing and cleaning preparations decreased by -11.4% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, showed a moderate expansion. Over the period under review, the market hit record highs at $X in 2020, and then fell in the following year.

Exports of Non-Soap Surface-Active Washing and Cleaning Preparations

Exports from Venezuela

Exports of non-soap surface-active washing and cleaning preparations from Venezuela soared to X tons in 2021, increasing by 27% on 2020 figures. Overall, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 243% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, exports of non-soap surface-active washing and cleaning preparations surged to $X in 2021. In general, exports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2016 when exports increased by 120%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for exports of non-soap surface-active washing and cleaning preparations from Venezuela, accounting for a 115% share of total exports. It was followed by Guyana (X tons), with a 3.2% share of total exports. Chile (X tons) ranked third in terms of total exports with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled +5,972.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (-17.4% per year) and Chile (+31.3% per year).

In value terms, Canada ($X) emerged as the key foreign market for non-soap surface-active washing and cleaning preparations exports from Venezuela, comprising 111% of total exports. The second position in the ranking was taken by Spain ($X), with a 7% share of total exports. It was followed by Chile, with a 2.5% share.

From 2012 to 2021, the average annual growth rate of value to Canada amounted to +6,452.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+43.4% per year) and Chile (+11.8% per year).

Export Prices by Country

The average export price for non-soap surface-active washing and cleaning preparations stood at $X per ton in 2021, picking up by 3% against the previous year. In general, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Soap Surface-Active Washing and Cleaning Preparations

Imports into Venezuela

In 2021, overseas purchases of non-soap surface-active washing and cleaning preparations decreased by -12% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 303%. Over the period under review, imports of attained the peak figure at X tons in 2020, and then reduced in the following year.

In value terms, imports of non-soap surface-active washing and cleaning preparations declined to $X in 2021. In general, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2019 with an increase of 111%. Over the period under review, imports of attained the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Mexico (X tons), Turkey (X tons) and China (X tons) were the main suppliers of imports of non-soap surface-active washing and cleaning preparations to Venezuela, with a combined 23% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +86.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constituted the largest supplier of non-soap surface-active washing and cleaning preparations to Venezuela, comprising 31% of total imports. The second position in the ranking was taken by Turkey ($X), with an 8.5% share of total imports. It was followed by the United States, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value from Mexico amounted to +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+94.8% per year) and the United States (-14.4% per year).

Import Prices by Country

The average import price for non-soap surface-active washing and cleaning preparations stood at $X per ton in 2021, rising by 2.2% against the previous year. In general, the import price, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 4.3%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a 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 Brazil ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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