Venezuela: Market for Non-Refractory Clay Roofing Tiles 2023

Market Size for Non-Refractory Clay Roofing Tiles in Venezuela

The Venezuelan non-refractory clay roofing tiles market rose notably to $X in 2021, picking up by 7.9% against the previous year. In general, consumption, however, continues to indicate a pronounced shrinkage. Non-refractory clay roofing tiles consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Non-Refractory Clay Roofing Tiles in Venezuela

In value terms, non-refractory clay roofing tiles production expanded markedly to $X in 2021 estimated in export price. Overall, production, however, showed a pronounced curtailment. The growth pace was the most rapid in 2019 with an increase of 20%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Non-Refractory Clay Roofing Tiles

Exports from Venezuela

In 2021, overseas shipments of non-refractory clay roofing tiles were finally on the rise to reach X tons after three years of decline. Overall, exports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2016 when exports increased by 390% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, non-refractory clay roofing tiles exports skyrocketed to $X in 2021. In general, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of 445% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The Dominican Republic (X tons), Panama (X tons) and the United States (X tons) were the main destinations of non-refractory clay roofing tiles exports from Venezuela, together accounting for 87% of total exports.

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 +9.2%), while the other leaders experienced a decline.

In value terms, the Dominican Republic ($X) remains the key foreign market for non-refractory clay roofing tiles exports from Venezuela, comprising 54% of total exports. The second position in the ranking was taken by the United States ($X), with a 20% share of total exports. It was followed by Panama, with a 20% share.

From 2012 to 2021, the average annual growth rate of value to the Dominican Republic stood at -13.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-14.6% per year) and Panama (-1.0% per year).

Export Prices by Country

In 2021, the average non-refractory clay roofing tiles export price amounted to $X per ton, reducing by -20.8% against the previous year. Overall, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2017 an increase of 25% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Colombia ($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 the Dominican Republic (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Non-Refractory Clay Roofing Tiles

Imports into Venezuela

For the seventh year in a row, Venezuela recorded decline in purchases abroad of non-refractory clay roofing tiles, which decreased by -20% to X tons in 2021. Overall, imports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2014 when imports increased by 189%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, non-refractory clay roofing tiles imports contracted to $X in 2021. Over the period under review, imports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2014 with an increase of 88% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X tons), Colombia (X tons) and China (X tons) were the main suppliers of non-refractory clay roofing tiles imports to Venezuela, with a combined 99% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +0.9%), while imports for the other leaders experienced a decline.

In value terms, Colombia ($X) constituted the largest supplier of non-refractory clay roofing tiles to Venezuela, comprising 82% of total imports. The second position in the ranking was held by the United States ($X), with a 13% share of total imports. It was followed by China, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value from Colombia stood at -21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-11.9% per year) and China (-38.0% per year).

Import Prices by Country

In 2021, the average non-refractory clay roofing tiles import price amounted to $X per ton, picking up by 10% against the previous year. Overall, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 133%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+33.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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