Report Update Apr 1, 2024

Venezuela - Sisal Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Sisal Binder Market 2024

Sisal Binder Market Size in Venezuela

After two years of decline, the Venezuelan sisal binder market decreased by X% to less than $X in 2022. In general, consumption, however, saw a deep downturn. Sisal binder consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Sisal Binder Production in Venezuela

In value terms, sisal binder production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Sisal Binder Exports

Exports from Venezuela

In 2019, shipments abroad of sisal binder or baler (agricultural) twines decreased by X% to X tons for the first time since 2013, thus ending a five-year rising trend. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then reduced in the following year.

In value terms, sisal binder exports soared to $X in 2019. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure in 2019 and are likely to see gradual growth in years to come.

Exports by Country

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

From 2012 to 2019, the average annual growth rate of volume to Colombia stood at X%.

In value terms, Colombia ($X) also remains the key foreign market for sisal binder or baler (agricultural) twines exports from Venezuela.

From 2012 to 2019, the average annual rate of growth in terms of value to Colombia amounted to X%.

Export Prices by Country

In 2019, the average sisal binder export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a precipitous curtailment. The export price peaked at $X per ton in 2017; however, from 2018 to 2019, the export prices failed to regain momentum.

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

From 2012 to 2019, the rate of growth in terms of prices for Colombia amounted to X% per year.

Sisal Binder Imports

Imports into Venezuela

In 2022, purchases abroad of sisal binder or baler (agricultural) twines increased by X% to X tons, rising for the second year in a row after four years of decline. Over the period under review, imports, however, continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, sisal binder imports contracted significantly to $X in 2022. In general, imports, however, showed a precipitous curtailment. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X kg), Panama (X kg) and the United States (X kg) were the main suppliers of sisal binder imports to Venezuela, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X) constituted the largest supplier of sisal binder or baler (agricultural) twines to Venezuela, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Panama, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Panama (X% per year).

Import Prices by Country

The average sisal binder import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sisal binder or baler (agricultural) twines in the world?

The countries with the highest volumes of consumption in 2022 were Brazil, Russia and Nepal, with a combined 59% share of global consumption. The United States, Bangladesh, France, Saudi Arabia, Tanzania and Madagascar lagged somewhat behind, together comprising a further 27%.

What are the largest producers of sisal binder or baler (agricultural) twines in the world?

The country with the largest volume of sisal binder production was Brazil, comprising approx. 40% of total volume. Moreover, sisal binder production in Brazil exceeded the figures recorded by the second-largest producer, Russia, twofold. The third position in this ranking was held by Nepal, with a 16% share.

What are the leading suppliers of sisal binder or baler (agricultural) twines to Venezuela?

In value terms, the United States constituted the largest supplier of sisal binder or baler agricultural) twines to Venezuela, comprising 67% of total imports. The second position in the ranking was taken by China $729), with a 23% share of total imports. It was followed by Panama, with a 10% share.

What are the leading importers of sisal binder or baler (agricultural) twines from Venezuela?

In value terms, Colombia remains the key foreign market for sisal binder or baler agricultural) twines exports from Venezuela.

What is the average export price for sisal binder or baler (agricultural) twines in Venezuela?

The average sisal binder export price stood at $985 per ton in 2019, rising by 47% against the previous year.

What is the average import price for sisal binder or baler (agricultural) twines in Venezuela?

The average sisal binder import price stood at $2,401 per ton in 2022, waning by -28.9% against the previous year.

This report provides an in-depth analysis of the sisal binder market in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13941153 - Sisal binder or baler (agricultural) twines

Country coverage:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023