Venezuela: Prepared Rubber Accelerators Market 2022

Prepared Rubber Accelerators Market Size in Venezuela

In 2021, after three years of decline, there was significant growth in the Venezuelan prepared rubber accelerators market, when its value increased by 63% to $X. Over the period under review, consumption, however, recorded a sharp decrease. Prepared rubber accelerators consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Prepared Rubber Accelerators Exports

Exports from Venezuela

Prepared rubber accelerators exports from Venezuela was estimated at X kg in 2018, remaining stable against the previous year. Overall, exports faced a sharp decrease. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2018, the exports failed to regain momentum.

In value terms, prepared rubber accelerators exports amounted to $X in 2018. In general, exports recorded a sharp reduction. The exports peaked at $X in 2012; however, from 2013 to 2018, the exports remained at a lower figure.

Exports by Country

The Dominican Republic (X kg) was the main destination for prepared rubber accelerators exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to the Dominican Republic was relatively modest.

From 2012 to 2018, the average annual rate of growth in terms of value to the Dominican Republic was relatively modest.

Export Prices by Country

In 2018, the average prepared rubber accelerators export price amounted to $X per ton, standing approx. at the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2018, the export prices remained at a lower figure.

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

From 2012 to 2018, the rate of growth in terms of prices for Costa Rica amounted to 0.0% per year.

Prepared Rubber Accelerators Imports

Imports into Venezuela

In 2021, overseas purchases of prepared rubber accelerators were finally on the rise to reach X tons after three years of decline. In general, imports, however, recorded a precipitous setback. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, prepared rubber accelerators imports soared to $X in 2021. Overall, imports, however, saw a sharp downturn. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United States (X tons) and Chile (X tons) were the main suppliers of prepared rubber accelerators imports to Venezuela, together comprising 78% of total imports.

From 2012 to 2021, the biggest increases were in Chile (with a CAGR of +25.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Canada ($X) and Chile ($X) appeared to be the largest prepared rubber accelerators suppliers to Venezuela, with a combined 54% share of total imports.

Chile, with a CAGR of +13.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average prepared rubber accelerators import price stood at $X per ton in 2021, increasing by 13% against the previous year. Overall, the import price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 40% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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