Venezuela - Metal Complete And Assembled Domestic Furniture - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMetal Domestic Furniture Price in Venezuela - 2022
Contents:
- Metal Domestic Furniture Price in Venezuela (CIF) - 2022
- Metal Domestic Furniture Price in Venezuela (FOB) - 2022
- Metal Domestic Furniture Imports in Venezuela
- Metal Domestic Furniture Exports in Venezuela
Metal Domestic Furniture Price in Venezuela (CIF) - 2022
In 2022, the average metal domestic furniture import price amounted to $6,559 per ton, with an increase of 5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 67% against the previous year. As a result, import price attained the peak level of $6,821 per ton. From 2015 to 2022, the average import prices remained 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 Italy ($25,452 per ton), while the price for China ($4,944 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Domestic Furniture Price in Venezuela (FOB) - 2022
The average metal domestic furniture export price stood at $2,522 per ton in 2022, dropping by -43.4% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 49%. Over the period under review, the average export prices hit record highs at $5,728 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($10,167 per ton), while the average price for exports to Costa Rica ($1,167 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 Slovenia (+93.2%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Domestic Furniture Imports in Venezuela
In 2022, metal domestic furniture imports into Venezuela rose to 4K tons, surging by 4.6% on the previous year. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 78% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, metal domestic furniture imports amounted to $26M in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 96% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Metal Domestic Furniture in Venezuela (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.3 | 8.6 | 19.2 | 16.3 | 70.3% |
Italy | 0.8 | 1.1 | 2.0 | 2.4 | 44.2% |
United States | 0.8 | 1.3 | 0.8 | 1.1 | 11.2% |
Colombia | 0.1 | 0.2 | 0.1 | 0.7 | 91.3% |
Panama | 0.8 | 0.7 | N/A | N/A | -12.5% |
Others | 1.9 | 3.1 | 1.8 | 6.0 | 46.7% |
Total | 7.7 | 15.0 | 24.0 | 26.5 | 51.0% |
Top Suppliers of Metal Domestic Furniture to Venezuela in 2022:
- China (3289.0 tons)
- United States (138.6 tons)
- Colombia (121.7 tons)
- Italy (96.1 tons)
Metal Domestic Furniture Exports in Venezuela
For the third consecutive year, Venezuela recorded decline in shipments abroad of metal furniture, which decreased by -21.4% to 5.7 tons in 2022. Over the period under review, exports saw a dramatic slump.
In value terms, metal domestic furniture exports reduced markedly to $14K in 2022. In general, exports saw a dramatic downturn. The smallest decline of -4.5% was in 2020.
Export of Metal Domestic Furniture in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | N/A | 1.3 | N/A | 3.4 | 61.7% |
Canada | 7.6 | 8.6 | 9.9 | 2.4 | -31.9% |
Australia | N/A | N/A | N/A | 1.7 | 0% |
Panama | 10.7 | 12.9 | 0.5 | 1.1 | -53.2% |
Slovenia | N/A | N/A | 1.0 | 1.0 | 0.0% |
Costa Rica | 10.9 | 3.5 | 2.2 | 0.5 | -64.2% |
Chile | 15.0 | N/A | N/A | N/A | 0% |
Trinidad and Tobago | 3.6 | N/A | 0.1 | N/A | -83.3% |
United States | 53.1 | 86.6 | 2.4 | N/A | -78.7% |
Cayman Islands | N/A | N/A | 10.6 | N/A | 0% |
Others | 18.0 | 0.7 | 5.5 | 4.2 | -38.4% |
Total | 119 | 114 | 32.2 | 14.3 | -50.7% |
Top Export Markets for Metal Domestic Furniture from Venezuela in 2022:
- Malaysia (2176.0 kg)
- Panama (536.0 kg)
- Costa Rica (402.0 kg)
- Canada (239.0 kg)
- Slovenia (234.0 kg)
- Australia (215.0 kg)
This report provides an in-depth analysis of the metal domestic furniture 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 31091100 - Metal furniture (excluding office, medical, surgical, dental or veterinary furniture, barbers
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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