Venezuela - Lactose And Lactose Syrup - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Venezuela - Lactose And Lactose Syrup - Market Analysis, Forecast, Size, Trends And Insights

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Lactose Price in Venezuela - 2022

Contents:

  1. Lactose Price in Venezuela (CIF) - 2022
  2. Lactose Price in Venezuela (FOB) - 2022
  3. Lactose Imports in Venezuela
  4. Lactose Exports in Venezuela

Lactose Price in Venezuela (CIF) - 2022

The average lactose import price stood at $1,228 per ton in 2022, waning by -15.4% against the previous year. Overall, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2021 an increase of 49% against the previous year. The import price peaked at $2,846 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,067 per ton), while the price for Panama ($754 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Lactose Price in Venezuela (FOB) - 2022

In 2022, the average lactose export price amounted to $272 per ton, surging by 116% against the previous year. Overall, the export price, however, showed a abrupt descent. Over the period under review, the average export prices reached the maximum at $2,429 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to -24.3% per year.

Lactose Imports in Venezuela

In 2022, the amount of lactose and lactose syrup imported into Venezuela reduced to 328 tons, with a decrease of -6.1% against the year before. Overall, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 14%.

In value terms, lactose imports declined sharply to $403K in 2022. In general, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year.

Import of Lactose in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States264115160182-11.7%
Germany15892.8181105-12.7%
Netherlands71.044.680.863.3-3.8%
Panama30.015.624.415.2-20.3%
Italy20.58.37.42.0-54.0%
Others48.322.153.335.1-10.1%
Total592298507403-12.0%

Top Suppliers of Lactose to Venezuela in 2022:

  1. United States (200.4 tons)
  2. Netherlands (52.1 tons)
  3. Germany (46.9 tons)
  4. Panama (20.2 tons)
  5. Italy (0.7 tons)

Lactose Exports in Venezuela

In 2022, after three years of growth, there was significant decline in overseas shipments of lactose and lactose syrup, when their volume decreased by -49.9% to 7.2 tons. Overall, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 46%. As a result, the exports reached the peak of 14 tons, and then declined dramatically in the following year.

In value terms, lactose exports totaled $1.9K in 2022. In general, exports saw a abrupt contraction.

Export of Lactose in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Aruba2.52.01.50.7-34.6%
Others0.10.10.31.3135.1%
Total2.62.11.81.9-9.9%

Top Export Markets for Lactose from Venezuela in 2022:

  1. Aruba (7.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lactose 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 10515400 - Lactose and lactose syrup (including chemically pure lactose)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Lactose And Lactose Syrup - Venezuela