Venezuela: Market for Plastic Doors, Windows And Their Frames 2024

Market Size for Plastic Doors, Windows And Their Frames in Venezuela

The Venezuelan plastic doors and windows market reduced slightly to $X in 2022, falling by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Plastic Doors, Windows And Their Frames in Venezuela

In value terms, plastic doors and windows production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Plastic Doors, Windows And Their Frames

Exports from Venezuela

Plastic doors and windows exports from Venezuela totaled X units in 2022, therefore, remained relatively stable against 2021 figures. Overall, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic doors and windows exports expanded sharply to $X in 2022. In general, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Panama (X units) was the main destination for plastic doors and windows exports from Venezuela, with a X% share of total exports. Moreover, plastic doors and windows exports to Panama exceeded the volume sent to the second major destination, Colombia (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Panama totaled X%.

In value terms, Panama ($X) remains the key foreign market for plastic doors, windows and their frames exports from Venezuela, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Panama amounted to X%.

Export Prices by Country

The average plastic doors and windows export price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Panama stood at $X per unit.

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

Imports of Plastic Doors, Windows And Their Frames

Imports into Venezuela

In 2022, overseas purchases of plastic doors, windows and their frames decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic doors and windows imports shrank significantly to $X in 2022. In general, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest plastic doors and windows supplier to Venezuela, accounting for a X% share of total imports. Moreover, plastic doors and windows imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), twofold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, the UK ($X), Vietnam ($X) and Italy ($X) were the largest plastic doors and windows suppliers to Venezuela, with a combined X% share of total imports.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average plastic doors and windows import price amounted to $X per unit, surging by X% against the previous year. In general, the import price showed mild growth. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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