Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Venezuela - 2022

Contents:

1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Venezuela (CIF) - 2022
2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Venezuela (FOB) - 2022
3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Venezuela
4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Venezuela

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Venezuela (CIF) - 2022

The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $11 per unit in 2022, falling by -28.2% against the previous year. In general, the import price recorded a noticeable descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 85% against the previous year. The import price peaked at $29 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($20 per unit), while the price for China ($4.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Venezuela (FOB) - 2022

In 2022, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $4.3 per unit, declining by -25.4% against the previous year. In general, the export price, however, recorded a strong expansion. The growth pace was the most rapid in 2020 when the average export price increased by 139%. As a result, the export price attained the peak level of $6.4 per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($4.9 per unit), while the average price for exports to Canada ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Venezuela

In 2022, imports of drawing, marking-out or mathematical calculating instrumentses into Venezuela surged to 94K units, rising by 67% against 2021 figures. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses surged to $1M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Venezuela in 2022:

1. United States (62.6K units)
2. France (20.5K units)
3. China (8.8K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Venezuela

Exports of drawing, marking-out or mathematical calculating instrumentses from Venezuela surged to 52 units in 2022, jumping by 21% compared with the previous year's figure. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 308%. As a result, the exports reached the peak of 53 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses contracted to $222 in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 874% against the previous year. As a result, the exports attained the peak of $341. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Venezuela in 2022:

1. Dominican Republic (36.0 units)
2. Panama (10.0 units)
3. Canada (3.0 units)
4. El Salvador (1.0 units)
5. Costa Rica (1.0 units)
6. Saint Vincent and the Grenadines (1.0 units)

Source: IndexBox Market Intelligence Platform