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Venezuela - Railway or Tramway Track Construction Material of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVenezuela: Steel Railway Material Market 2024
Steel Railway Material Market Size in Venezuela
The Venezuelan steel railway material market shrank rapidly to $X in 2023, dropping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption faced a abrupt downturn. Steel railway material consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.
Steel Railway Material Exports
Exports from Venezuela
In 2023, overseas shipments of railway or tramway track construction material of iron or steel were finally on the rise to reach X kg for the first time since 2016, thus ending a six-year declining trend. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, steel railway material exports soared to $X in 2023. Overall, exports continue to indicate noticeable growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2023, the exports failed to regain momentum.
Exports by Country
Brazil (X kg) was the main destination for steel railway material exports from Venezuela, with a X% share of total exports. It was followed by Aruba (X kg), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of volume to Brazil was relatively modest.
In value terms, Brazil ($X) emerged as the key foreign market for railway or tramway track construction material of iron or steel exports from Venezuela, comprising X% of total exports. The second position in the ranking was taken by Aruba ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to Brazil was relatively modest.
Export Prices by Country
The average steel railway material export price stood at $X per ton in 2023, falling by X% against the previous year. Overall, the export price, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per ton in 2022, and then shrank in the following year.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Aruba amounted to $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (X%).
Steel Railway Material Imports
Imports into Venezuela
In 2023, imports of railway or tramway track construction material of iron or steel into Venezuela dropped rapidly to X tons, with a decrease of X% on the previous year. Over the period under review, imports faced a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.
In value terms, steel railway material imports reduced dramatically to $X in 2023. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, China (X tons) constituted the largest supplier of steel railway material to Venezuela, accounting for a X% share of total imports. Moreover, steel railway material imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was held by Canada (X tons), with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Canada (X% per year).
In value terms, the largest steel railway material suppliers to Venezuela were China ($X), the Netherlands ($X) and the United States ($X), together comprising X% of total imports.
Among the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
In 2023, the average steel railway material import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the steel railway material 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 24107500 - Railway material (of steel)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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