Report Update Apr 1, 2024

Venezuela - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Abrasives Market 2024

Abrasives Market Size in Venezuela

The Venezuelan abrasives market fell markedly to $X in 2022, with a decrease of X% 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). Over the period under review, consumption saw a sharp contraction. Abrasives consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Abrasives Exports

Exports from Venezuela

For the fifth consecutive year, Venezuela recorded growth in shipments abroad of abrasives (natural), which increased by X% to X kg in 2018. Over the period under review, exports, however, recorded a deep contraction. Over the period under review, the exports reached the peak figure at X kg in 2012; however, from 2013 to 2018, the exports remained at a lower figure.

In value terms, abrasives exports surged to $X in 2018. Overall, exports, however, faced a precipitous setback. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2018, the exports remained at a lower figure.

Exports by Country

The Dominican Republic (X kg) and El Salvador (X kg) were the main destinations of abrasives exports from Venezuela.

From 2012 to 2018, the biggest increases were recorded for the Dominican Republic (with a CAGR of X%).

In value terms, El Salvador ($X) emerged as the key foreign market for abrasives (natural) exports from Venezuela, comprising X% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a X% share of total exports.

From 2012 to 2018, the average annual growth rate of value to El Salvador was relatively modest.

Export Prices by Country

In 2018, the average abrasives export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price saw a precipitous decrease. The pace of growth was the most pronounced in 2017 a decrease of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2018, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to the Dominican Republic amounted to $X per ton.

From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (X%).

Abrasives Imports

Imports into Venezuela

Abrasives imports into Venezuela fell dramatically to X tons in 2022, waning by X% against the previous year. Over the period under review, imports saw a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, abrasives imports dropped rapidly to $X in 2022. Overall, imports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

India (X tons), China (X tons) and Spain (X tons) were the main suppliers of abrasives imports to Venezuela, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest abrasives suppliers to Venezuela were the United States ($X), India ($X) and China ($X), with a combined X% share of total imports.

India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average abrasives import price stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for abrasives (natural) in the world?

The country with the largest volume of abrasives consumption was Turkey, comprising approx. 52% of total volume. Moreover, abrasives consumption in Turkey exceeded the figures recorded by the second-largest consumer, China, sixfold. The UK ranked third in terms of total consumption with a 5.7% share.

What are the largest producers of abrasives (natural) in the world?

The country with the largest volume of abrasives production was Turkey, accounting for 52% of total volume. Moreover, abrasives production in Turkey exceeded the figures recorded by the second-largest producer, Greece, sixfold. China ranked third in terms of total production with a 7.9% share.

What are the leading suppliers of abrasives (natural) to Venezuela?

In value terms, the largest abrasives suppliers to Venezuela were the United States, India and China, with a combined 76% share of total imports.

What are the leading importers of abrasives (natural) from Venezuela?

In value terms, El Salvador $128) emerged as the key foreign market for abrasives natural) exports from Venezuela, comprising 77% of total exports. The second position in the ranking was taken by the Dominican Republic $38), with a 23% share of total exports.

What is the average export price for abrasives (natural) in Venezuela?

In 2018, the average abrasives export price amounted to $2,767 per ton, declining by -53.1% against the previous year.

What is the average import price for abrasives (natural) in Venezuela?

The average abrasives import price stood at $382 per ton in 2022, with a decrease of -13.6% against the previous year.

This report provides an in-depth analysis of the abrasives 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 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives
Prodcom 08992220 -
Prodcom 08992230 -

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