Report Update Nov 1, 2024

Venezuela - Worked Flat Glass - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Worked Flat Glass Market 2024

Worked Flat Glass Market Size in Venezuela

The Venezuelan worked flat glass market reached $X in 2021, growing by 7.4% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Worked Flat Glass Production in Venezuela

In value terms, worked flat glass production rose sharply to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 58% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Worked Flat Glass Exports

Exports from Venezuela

In 2021, the amount of worked flat glass exported from Venezuela reached X tons, with an increase of 11% on 2020. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 65,319% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, worked flat glass exports rose remarkably to $X in 2021. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 7,958%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Panama (X tons) and Aruba (X tons) were the main destinations of worked flat glass exports from Venezuela.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Panama (with a CAGR of +125.7%).

In value terms, the largest markets for worked flat glass exported from Venezuela were Aruba ($X) and Panama ($X).

Panama, with a CAGR of +93.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average worked flat glass export price stood at $X per ton in 2021, declining by -3% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 57,157%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Aruba ($X per ton), while the average price for exports to Panama stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-14.3%).

Worked Flat Glass Imports

Imports into Venezuela

In 2021, purchases abroad of worked flat glass decreased by -43.7% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of 156%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, worked flat glass imports dropped remarkably to $X in 2021. In general, imports faced a dramatic contraction. The pace of growth was the most pronounced in 2019 with an increase of 121% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia (X tons), Spain (X tons) and Turkey (X tons) were the main suppliers of worked flat glass imports to Venezuela, together accounting for 80% of total imports. The United States, China, the Netherlands and Colombia lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +45.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of worked flat glass to Venezuela, comprising 46% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 19% share of total imports. It was followed by the Netherlands, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +24.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-59.6% per year) and the Netherlands (+16.7% per year).

Import Prices by Country

The average worked flat glass import price stood at $X per ton in 2021, growing by 17% against the previous year. Overall, the import price, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 20% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+22.3%), 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 worked flat glass in the world?

The country with the largest volume of worked flat glass consumption was China, comprising approx. 23% of total volume. Moreover, worked flat glass consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.2% share.

What are the largest producers of worked flat glass in the world?

China constituted the country with the largest volume of worked flat glass production, accounting for 32% of total volume. Moreover, worked flat glass production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 9.2% share.

What are the leading suppliers of worked flat glass to Venezuela?

In value terms, Spain, China and the Netherlands were the largest worked flat glass suppliers to Venezuela, together accounting for 81% of total imports.

What are the leading importers of worked flat glass from Venezuela?

In value terms, Aruba remains the key foreign market for worked flat glass exports from Venezuela.

What is the average export price for worked flat glass in Venezuela?

In 2021, the average worked flat glass export price amounted to $1,969 per ton, which is down by -8.9% against the previous year.

What is the average import price for worked flat glass in Venezuela?

The average worked flat glass import price stood at $400 per ton in 2021, rising by 7.9% against the previous year.

This report provides an in-depth analysis of the worked flat glass 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 23121150 - Optical flat glass, bent, edge-worked, engraved, etc.
Prodcom 23121190 - Non-optical flat glass, bent, edge-worked, engraved, etc.

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