Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Venezuela - 2022
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Venezuela (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Venezuela (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Venezuela
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Venezuela
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Venezuela (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, with an increase of 6.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 38%. As a result, import price reached the peak level of $0.1 per unit. From 2017 to 2022, the average import prices remained at a 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 the United States ($0.2 per unit), while the price for Colombia (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Venezuela (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, picking up by 15% against the previous year. In general, the export price, however, continues to indicate a pronounced descent. The growth pace was the most rapid in 2018 an increase of 182%. Over the period under review, the average export prices reached the peak figure at $0.2 per unit 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 Panama ($0.2 per unit), while the average price for exports to the Dominican Republic ($0.1 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 Saint Vincent and the Grenadines (+34.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Venezuela
In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment imported into Venezuela skyrocketed to 98M units, growing by 77% against 2021. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment soared to $5.7M in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 388 | 1,271 | 2,146 | 4,363 | 124.0% |
United States | 902 | 567 | 570 | 928 | 1.0% |
Colombia | 27.6 | 87.2 | 52.6 | 67.2 | 34.5% |
Panama | 257 | 788 | N/A | N/A | 206.6% |
Others | 418 | 434 | 240 | 328 | -7.8% |
Total | 1,993 | 3,147 | 3,008 | 5,686 | 41.8% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Venezuela in 2022:
- China (88.1M units)
- United States (4.6M units)
- Colombia (2.2M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Venezuela
In 2022, approx. 3.1M units of electrical circuit prefabricated elements, connectors, contact elements and other equipment were exported from Venezuela; increasing by 281% compared with the previous year's figure. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment skyrocketed to $280K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | N/A | N/A | 222 | 0% |
Malaysia | N/A | 28.6 | 10.3 | 52.5 | 35.5% |
Panama | 39.8 | 10.3 | N/A | 0.1 | -86.4% |
Colombia | 15.4 | N/A | 7.7 | N/A | -29.3% |
Indonesia | N/A | N/A | 30.0 | N/A | 0% |
United Arab Emirates | N/A | 3.6 | 10.9 | N/A | 202.8% |
Others | 9.6 | 5.3 | 5.0 | 5.3 | -18.0% |
Total | 64.8 | 47.8 | 63.9 | 280 | 62.9% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Venezuela in 2022:
- Netherlands (2631.8K units)
- Malaysia (382.9K units)
- Panama (0.7K units)
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