Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Venezuela - 2022

Contents:

  1. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Venezuela (CIF) - 2022
  2. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Venezuela (FOB) - 2022
  3. Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Venezuela
  4. Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Venezuela

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Venezuela (CIF) - 2022

The average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $9.4 per unit in 2022, dropping by -31.5% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average import price increased by 82%. As a result, import price reached the peak level of $14 per unit. From 2015 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 ($14 per unit), while the price for France ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.2%), while the prices for the other major suppliers experienced a decline.

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Venezuela (FOB) - 2022

In 2022, the average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $5 per unit, declining by -1.7% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 114% against the previous year. Over the period under review, the average export prices attained the peak figure at $28 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 ($21 per unit), while the average price for exports to Trinidad and Tobago stood at $3.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-2.6%).

Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Venezuela

In 2022, approx. 12K units of lightning arresters, voltage limiters and surge suppressors for over 1000 v were imported into Venezuela; picking up by 82% compared with the previous year's figure. In general, imports, however, recorded a deep contraction. Over the period under review, imports of attained the maximum at 18K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v skyrocketed to $112K in 2022. Over the period under review, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Over the period under review, imports of hit record highs at $175K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13144.868.583.4-14.0%
France17.65.37.17.5-24.7%
China3.30.30.93.52.0%
Colombia3.41.22.02.6-8.6%
Brazil2.10.81.21.6-8.7%
Germany4.01.11.31.0-37.0%
Others13.45.18.712.0-3.6%
Total17558.589.7112-13.8%

Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Venezuela in 2022:

  1. United States (6.1K units)
  2. France (3.4K units)
  3. China (1.0K units)
  4. Colombia (0.7K units)
  5. Brazil (0.3K units)
  6. Germany (0.2K units)

Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Venezuela

In 2022, after three years of growth, there was significant decline in shipments abroad of lightning arresters, voltage limiters and surge suppressors for over 1000 v, when their volume decreased by -26% to 125 units. In general, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. As a result, the exports reached the peak of 169 units, and then reduced markedly in the following year.

In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v shrank significantly to $619 in 2022. Over the period under review, exports faced a abrupt decrease. The smallest decline of -14.6% was in 2021. Over the period under review, the exports of reached the peak figure at $1.2K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and Tobago3656025283861.9%
Panama256395323233-3.1%
Thailand548N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,169997851619-19.1%

Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Venezuela in 2022:

  1. Trinidad and Tobago (114.0 units)
  2. Panama (11.0 units)

Source: IndexBox Market Intelligence Platform

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