Venezuela - Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVenezuela: Market for Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel 2024
Market Size for Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel in Venezuela
In 2022, the Venezuelan market for seamless casing, tubing and drill oil or gas pipes of stainless steel increased by X% to $X for the first time since 2017, thus ending a four-year declining trend. Overall, consumption, however, continues to indicate a sharp decline. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.
Exports of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel
Exports from Venezuela
In 2022, shipments abroad of seamless casing, tubing and drill oil or gas pipes of stainless steel decreased by X% to X tons for the first time since 2011, thus ending a ten-year rising trend. Overall, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at X tons in 2021, and then reduced in the following year.
In value terms, exports of seamless casing, tubing and drill oil or gas pipes of stainless steel shrank to $X in 2022. Over the period under review, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then contracted in the following year.
Exports by Country
Ecuador (X tons) was the main destination for exports of seamless casing, tubing and drill oil or gas pipes of stainless steel from Venezuela, accounting for a approx. X% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Ecuador totaled X%.
In value terms, Ecuador ($X) also remains the key foreign market for seamless casing, tubing and drill oil or gas pipes of stainless steel exports from Venezuela.
From 2012 to 2022, the average annual growth rate of value to Ecuador amounted to X%.
Export Prices by Country
In 2022, the average export price for seamless casing, tubing and drill oil or gas pipes of stainless steel amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to X% per year.
Imports of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel
Imports into Venezuela
After two years of growth, overseas purchases of seamless casing, tubing and drill oil or gas pipes of stainless steel decreased by X% to X tons in 2022. Overall, imports faced a abrupt slump. The growth pace was the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of seamless casing, tubing and drill oil or gas pipes of stainless steel declined modestly to $X in 2022. Over the period under review, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, the United States (X tons) constituted the largest supplier of seamless casing, tubing and drill oil or gas pipe of stainless steel to Venezuela, with a X% share of total imports. Moreover, imports of seamless casing, tubing and drill oil or gas pipes of stainless steel from the United States exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold.
From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the UK (X% per year).
In value terms, the largest seamless casing, tubing and drill oil or gas pipe of stainless steel suppliers to Venezuela were Japan ($X), the United States ($X) and the UK ($X), together accounting for X% of total imports.
The UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
In 2022, the average import price for seamless casing, tubing and drill oil or gas pipes of stainless steel amounted to $X per ton, remaining constant against the previous year. Overall, the import price, however, recorded a noticeable decline. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for seamless casing, tubing and drill oil or gas pipe of stainless steel 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 24201210 - Casing, tubing and drill pipe, of a kind used in the drilling for oil or gas, seamless, of stainless 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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