Venezuela - Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 8, 2024

Venezuela - Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polyethylene with A Specific Gravity of Less than 0.94 in Venezuela - 2022

Contents:

  1. Price for Polyethylene with A Specific Gravity of Less than 0.94 in Venezuela (CIF) - 2022
  2. Price for Polyethylene with A Specific Gravity of Less than 0.94 in Venezuela (FOB) - 2022
  3. Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Venezuela
  4. Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Venezuela

Price for Polyethylene with A Specific Gravity of Less than 0.94 in Venezuela (CIF) - 2022

In 2022, the average import price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $1,903 per ton, almost unchanged from the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polyethylene with a specific gravity of less than 0.94, in primary forms increased by +78.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 76% against the previous year. The import price peaked at $1,974 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Belgium ($5,039 per ton), while the price for China ($1,187 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyethylene with A Specific Gravity of Less than 0.94 in Venezuela (FOB) - 2022

In 2022, the average export price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $2,454 per ton, with an increase of 43% against the previous year. Over the period under review, the export price recorded a noticeable expansion. The most prominent rate of growth was recorded in 2020 an increase of 142%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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 United States ($9,200 per ton), while the average price for exports to Colombia ($462 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 Peru (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Venezuela

Imports of polyethylene with a specific gravity of less than 0.94, in primary forms into Venezuela surged to 35K tons in 2022, with an increase of 130% on the previous year's figure. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyethylene with a specific gravity of less than 0.94, in primary forms soared to $66M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polyethylene with A Specific Gravity of Less than 0.94 in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.511.322.355.594.9%
Belgium1.72.02.63.830.8%
South KoreaN/A0.20.71.8200.0%
China0.10.10.11.2128.9%
Colombia0.30.50.50.626.0%
Others1.41.42.03.130.3%
Total11.015.528.265.981.6%

Top Suppliers of Polyethylene with A Specific Gravity of Less than 0.94 to Venezuela in 2022:

  1. United States (29.2K tons)
  2. South Korea (1.2K tons)
  3. China (1.0K tons)
  4. Belgium (0.7K tons)
  5. Colombia (0.3K tons)

Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Venezuela

For the third year in a row, Venezuela recorded decline in shipments abroad of polyethylene with a specific gravity of less than 0.94, in primary forms, which decreased by -20.3% to 11 tons in 2022. Overall, exports recorded a precipitous contraction.

In value terms, exports of polyethylene with a specific gravity of less than 0.94, in primary forms totaled $27K in 2022. Over the period under review, exports saw a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year.

Export of Polyethylene with A Specific Gravity of Less than 0.94 in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil26510.212.615.0-61.6%
Chile72.92.93.74.6-60.2%
Colombia59.11.91.91.9-68.2%
Ecuador58.71.81.71.6-69.9%
India30.31.01.00.9-69.0%
China24.70.70.70.7-69.5%
Spain18.4N/AN/AN/A0%
Others38.41.91.72.0-62.7%
Total56820.323.326.7-63.9%

Top Export Markets for Polyethylene with A Specific Gravity of Less than 0.94 from Venezuela in 2022:

  1. Brazil (4.5 tons)
  2. Colombia (4.1 tons)
  3. Chile (1.1 tons)
  4. China (0.4 tons)
  5. Ecuador (0.3 tons)
  6. India (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polyethylene with a specific gravity of less than 0.94 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
  • Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)

Country coverage:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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
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