Venezuela - Inductors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInductor Price in Venezuela - 2022
Contents:
- Inductor Price in Venezuela (CIF) - 2022
- Inductor Price in Venezuela (FOB) - 2022
- Inductor Imports in Venezuela
- Inductor Exports in Venezuela
Inductor Price in Venezuela (CIF) - 2022
The average inductor import price stood at $15 per unit in 2022, approximately reflecting the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 6.7%. The import price peaked at $16 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6 per unit), while the price for China ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Inductor Price in Venezuela (FOB) - 2022
In 2022, the average inductor export price amounted to $0.4 per unit, with a decrease of -6.7% against the previous year. Over the period under review, the export price showed a significant curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by 62%. As a result, the export price attained the peak level of $8.3 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($3.4 per unit), while the average price for exports to Malaysia totaled $0.2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+22.6%), while the prices for the other major destinations experienced mixed trend patterns.
Inductor Imports in Venezuela
Inductor imports into Venezuela dropped significantly to 6K units in 2022, waning by -34.2% compared with the previous year's figure. Overall, imports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 217% against the previous year. Imports peaked at 32K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, inductor imports fell notably to $88K in 2022. In general, imports saw a sharp curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 237%. Imports peaked at $417K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Inductor in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 343 | N/A | 29.6 | 1,754 | 72.3% |
| China | 132 | 1,053 | 984 | 779 | 80.7% |
| United States | 2,504 | 1,207 | 3,389 | 139 | -61.9% |
| Colombia | 37.3 | N/A | 30.5 | 85.4 | 31.8% |
| Trinidad and Tobago | 47.5 | 1,628 | N/A | N/A | 3327.4% |
| Panama | 619 | 525 | N/A | N/A | -15.2% |
| Others | -3,266.1 | -4,371.7 | -4,298.1 | -2,670.0 | -6.5% |
| Total | 417 | 40.2 | 135 | 87.8 | -40.5% |
Top Suppliers of Inductor to Venezuela in 2022:
- China (1145.3K units)
- Spain (290.1K units)
- United States (38.8K units)
- Colombia (32.5K units)
Inductor Exports in Venezuela
In 2022, after three years of growth, there was significant decline in overseas shipments of inductors, when their volume decreased by -5.6% to 131K units. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,840%. The exports peaked at 139K units in 2021, and then shrank in the following year.
In value terms, inductor exports fell to $50K in 2022. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 571%. Over the period under review, the exports hit record highs at $57K in 2021, and then contracted in the following year.
| Export of Inductor in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.5 | 10.0 | 27.2 | 21.4 | 142.5% |
| Taiwan (Chinese) | 0.8 | 5.4 | N/A | 1.3 | 17.6% |
| United States | N/A | 22.6 | N/A | N/A | 0% |
| Singapore | N/A | 2.1 | N/A | N/A | 0% |
| Others | 4.1 | 3.2 | 29.7 | 27.4 | 88.4% |
| Total | 6.5 | 43.3 | 57.0 | 50.1 | 97.5% |
Top Export Markets for Inductor from Venezuela in 2022:
- Malaysia (140.5K units)
- Taiwan (Chinese) (1.7K units)
This report provides an in-depth analysis of the inductor 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 27115080 - Inductors (excluding induction coils, deflection coils for cathode-ray tubes, for discharge lamps and tubes)
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:
- 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
-
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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