Venezuela: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Venezuela

In 2022, the Venezuelan market for plastic plates, sheets, film, foil and strip increased by X% to $X, rising for the fourth consecutive year after four years of decline. Over the period under review, consumption, however, continues to indicate a deep reduction. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Venezuela

In 2022, after four years of decline, there was significant growth in shipments abroad of plastic plates, sheets, film, foil and strip, when their volume increased by X% to X tons. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2022. Overall, exports, however, showed a deep reduction. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), Colombia (X tons) and Malaysia (X tons) were the main destinations of exports of plastic plates, sheets, film, foil and strip from Venezuela, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic plate, sheet, film, foil and strip exported from Venezuela were Colombia ($X), Italy ($X) and Malaysia ($X), with a combined X% share of total exports.

Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2022, picking up by X% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plastic plates, sheets, film, foil and strip increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 the Dominican Republic ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Venezuela

In 2022, purchases abroad of plastic plates, sheets, film, foil and strip increased by X% to X tons, rising for the fourth year in a row after four years of decline. Over the period under review, imports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of plastic plates, sheets, film, foil and strip soared to $X in 2022. In general, imports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Colombia (X tons) and Peru (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to Venezuela, together accounting for 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 China (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, China ($X), Colombia ($X) and Peru ($X) appeared to be the largest plastic plate, sheet, film, foil and strip suppliers to Venezuela, together comprising X% of total imports.

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

Import Prices by Country

The average import price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 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 Argentina ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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