Venezuela: Polycarbonate Market 2022

Polycarbonate Market Size in Venezuela

The Venezuelan polycarbonate market declined to $X in 2021, with a decrease of -X% against the previous year. Over the period under review, consumption showed a noticeable decline. Polycarbonate consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Polycarbonate Production in Venezuela

In value terms, polycarbonate production reduced to $X in 2021 estimated in export price. Over the period under review, production recorded a pronounced decrease. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Polycarbonate Exports

Exports from Venezuela

Polycarbonate exports from Venezuela surged to X tons in 2021, growing by X% on the year before. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, polycarbonate exports skyrocketed to $X in 2021. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for polycarbonate exports from Venezuela, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia totaled +X%.

In value terms, Malaysia ($X) also remains the key foreign market for polycarbonate exports from Venezuela.

From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia amounted to +X%.

Export Prices by Country

The average polycarbonate export price stood at $X per ton in 2021, waning by -X% against the previous year. Over the period under review, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to -X% per year.

Polycarbonate Imports

Imports into Venezuela

Polycarbonate imports into Venezuela declined modestly to X tons in 2021, falling by -X% against 2020. Overall, imports showed a sharp slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, polycarbonate imports skyrocketed to $X in 2021. In general, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X tons), Taiwan (Chinese) (X tons) and Germany (X tons) were the main suppliers of polycarbonate imports to Venezuela, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were in Taiwan (Chinese) (with a CAGR of -X%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of polycarbonate to Venezuela, comprising X% of total imports. The second position in the ranking was occupied by the United States ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and Taiwan (Chinese) (-X% per year).

Import Prices by Country

In 2021, the average polycarbonate import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform