Venezuela: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Venezuela

The Venezuelan market for float glass and surface ground or polished glass expanded to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, showed a slight decline. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Float Glass And Surface Ground or Polished Glass in Venezuela

In value terms, production of float glass and surface ground or polished glass rose to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Venezuela

After four years of growth, overseas shipments of float glass and surface ground or polished glass decreased by X% to X square meters in 2022. In general, exports recorded a precipitous decline. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X square meters in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, exports of float glass and surface ground or polished glass reached $X in 2022. Over the period under review, exports continue to indicate a sharp descent. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Costa Rica (X square meters) was the main destination for exports of float glass and surface ground or polished glass from Venezuela, accounting for a X% share of total exports. Moreover, exports of float glass and surface ground or polished glass to Costa Rica exceeded the volume sent to the second major destination, Colombia (X square meters), threefold. The third position in this ranking was taken by Spain (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Costa Rica totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Spain (X% per year).

In value terms, the largest markets for float glass and surface ground or polished glass exported from Venezuela were Costa Rica ($X), Spain ($X) and Colombia ($X), with a combined X% share of total exports.

Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for float glass and surface ground or polished glass amounted to $X per square meter, growing by X% against the previous year. In general, the export price, however, showed a noticeable setback. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked at $X per square meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per square meter), while the average price for exports to Brazil ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced a decline.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Venezuela

In 2022, after three years of growth, there was significant decline in overseas purchases of float glass and surface ground or polished glass, when their volume decreased by X% to X square meters. Over the period under review, imports saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports of reached the peak figure at X square meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of float glass and surface ground or polished glass declined notably to $X in 2022. Overall, imports saw a noticeable slump. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked at $X in 2021, and then dropped notably in the following year.

Imports by Country

Brazil (X square meters), the United Arab Emirates (X square meters) and China (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass to Venezuela, together accounting for X% of total imports. Turkey, Mexico, Malaysia, Colombia and Spain lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X), Turkey ($X) and Brazil ($X) appeared to be the largest float glass and surface ground or polished glass suppliers to Venezuela, with a combined X% share of total imports. The United Arab Emirates, Mexico, Spain, Colombia and Malaysia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, waning by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X%. The import price peaked at $X per square meter in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per square meter), while the price for Mexico ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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