The apparent use of finished steel products in Venezuela has been on a continual downfall for at least half a decade. In 2020, the country's demand was forecast at some 90 thousand metric tons, a decrease of nearly 30 percent in comparison with the previous year. Meanwhile, in comparison with 2015, this would represent a drop of over 95 percent.
Apparent use of finished steel products in Venezuela from 2015 to 2020
(in million metric tons)
Characteristic
Apparent use in million metric tons
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* Forecast based on Latin America's short range outlook and Alacero estimates.
This statistic was compiled using several releases of the publication.
Figures have been rounded.
Apparent steel use can be defined as the total production of steel plus net imports minus net exports in a certain period of time. It is commonly used to measure steel demand.
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Alacero. (November 9, 2020). Apparent use of finished steel products in Venezuela from 2015 to 2020 (in million metric tons) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1002739/venezuela-finished-steel-products-apparent-use/
Alacero. "Apparent use of finished steel products in Venezuela from 2015 to 2020 (in million metric tons)." Chart. November 9, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1002739/venezuela-finished-steel-products-apparent-use/
Alacero. (2020). Apparent use of finished steel products in Venezuela from 2015 to 2020 (in million metric tons). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1002739/venezuela-finished-steel-products-apparent-use/
Alacero. "Apparent Use of Finished Steel Products in Venezuela from 2015 to 2020 (in Million Metric Tons)." Statista, Statista Inc., 9 Nov 2020, https://www.statista.com/statistics/1002739/venezuela-finished-steel-products-apparent-use/
Alacero, Apparent use of finished steel products in Venezuela from 2015 to 2020 (in million metric tons) Statista, https://www.statista.com/statistics/1002739/venezuela-finished-steel-products-apparent-use/ (last visited August 25, 2024)
Apparent use of finished steel products in Venezuela from 2015 to 2020 (in million metric tons) [Graph], Alacero, November 9, 2020. [Online]. Available: https://www.statista.com/statistics/1002739/venezuela-finished-steel-products-apparent-use/