Venezuela - Oxygen - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOxygen Price in Venezuela - 2022
Contents:
- Oxygen Price in Venezuela (CIF) - 2022
- Oxygen Price in Venezuela (FOB) - 2022
- Oxygen Imports in Venezuela
- Oxygen Exports in Venezuela
Oxygen Price in Venezuela (CIF) - 2022
The average oxygen import price stood at $0.2 per cubic meter in 2022, declining by -4.8% against the previous year. In general, the import price faced a precipitous decline. The growth pace was the most rapid in 2017 an increase of 29%. Over the period under review, average import prices hit record highs at $4.7 per cubic meter in 2012; however, from 2013 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 Mexico ($19 per cubic meter), while the price for China (less than $0.1 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-5.4%), while the prices for the other major suppliers experienced a decline.
Oxygen Price in Venezuela (FOB) - 2022
In 2022, the average oxygen export price amounted to $1.3 per cubic meter, dropping by -11.1% against the previous year. In general, the export price, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices hit record highs at $1.4 per cubic meter in 2021, and then shrank in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($1.6 per cubic meter), while the average price for exports to Colombia totaled $0.2 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+21.7%).
Oxygen Imports in Venezuela
In 2022, approx. 401K cubic meters of oxygen were imported into Venezuela; reducing by -34.1% compared with 2021. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 215% against the previous year. As a result, imports attained the peak of 609K cubic meters, and then reduced markedly in the following year.
In value terms, oxygen imports contracted notably to $93K in 2022. Over the period under review, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 292% against the previous year. As a result, imports attained the peak of $148K, and then fell rapidly in the following year.
| Import of Oxygen in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 44.3 | 31.5 | 122 | 79.9 | 21.7% |
| China | 7.0 | 4.1 | 13.1 | 7.1 | 0.5% |
| Colombia | 1.3 | 0.9 | 7.5 | 3.9 | 44.2% |
| Trinidad and Tobago | 0.6 | 0.4 | 1.4 | 0.8 | 10.1% |
| Others | 1.0 | 0.9 | 3.9 | 1.1 | 3.2% |
| Total | 54.2 | 37.7 | 148 | 92.8 | 19.6% |
Top Suppliers of Oxygen to Venezuela in 2022:
- China (204.3K cubic meters)
- Colombia (8.4K cubic meters)
- Trinidad and Tobago (6.4K cubic meters)
- Mexico (4.2K cubic meters)
Oxygen Exports in Venezuela
After three years of growth, overseas shipments of oxygen decreased by -2.9% to 68K cubic meters in 2022. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 6.5%. Over the period under review, the exports reached the maximum at 70K cubic meters in 2021, and then shrank modestly in the following year.
In value terms, oxygen exports contracted to $87K in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 60%. Over the period under review, the exports hit record highs at $101K in 2021, and then dropped in the following year.
| Export of Oxygen in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 35.4 | 62.8 | 90.8 | 79.1 | 30.7% |
| Colombia | 5.2 | 5.3 | 5.1 | 4.0 | -8.4% |
| Aruba | 5.2 | 5.2 | 5.0 | 3.9 | -9.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 45.8 | 73.3 | 101 | 87.1 | 23.9% |
Top Export Markets for Oxygen from Venezuela in 2022:
- Brazil (49.1K cubic meters)
- Colombia (18.0K cubic meters)
- Aruba (0.8K cubic meters)
This report provides an in-depth analysis of the oxygen 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 20111170 - Oxygen
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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