Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Venezuela - 2022
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Venezuela (CIF) - 2022
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Venezuela (FOB) - 2022
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Venezuela
- Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Venezuela
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Venezuela (CIF) - 2022
The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $876 per unit in 2022, with an increase of 2.1% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the average import price increased by 74%. The import price peaked at $3,273 per unit in 2013; however, from 2014 to 2022, 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 Switzerland ($1,764 per unit), while the price for Canada ($6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+41.2%), while the prices for the other major suppliers experienced a decline.
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Venezuela (FOB) - 2022
In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $18 per unit, falling by -97.2% against the previous year. Over the period under review, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 12,575%. Over the period under review, the average export prices attained the peak figure at $2,629 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($34 per unit), while the average price for exports to Trinidad and Tobago stood at $1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-6.1%).
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Venezuela
In 2022, purchases abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs decreased by -11.1% to 32 units, falling for the second year in a row after two years of growth. In general, imports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 101%. As a result, imports reached the peak of 151 units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs fell to $28K in 2022. Overall, imports recorded a sharp setback. The growth pace was the most rapid in 2020 with an increase of 79% against the previous year. As a result, imports attained the peak of $405K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 114 | 179 | 17.2 | 19.4 | -44.6% |
| Chile | 24.6 | 33.5 | 2.8 | 2.7 | -52.1% |
| Japan | 6.1 | 9.1 | 0.8 | 0.9 | -47.2% |
| Argentina | 6.6 | 9.1 | 0.8 | 0.7 | -52.7% |
| Austria | 3.1 | 4.8 | 0.4 | 0.5 | -45.6% |
| China | 1.1 | 3.7 | N/A | 0.5 | -23.1% |
| United States | 50.9 | 121 | 5.0 | 0.4 | -80.1% |
| Germany | 6.4 | 6.7 | 0.4 | 0.3 | -63.9% |
| Colombia | 0.2 | 0.4 | 0.1 | 0.2 | 0.0% |
| South Korea | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| France | 0.5 | 0.6 | 0.1 | 0.1 | -41.5% |
| Canada | N/A | 0.1 | N/A | N/A | 0% |
| Brazil | 0.7 | 0.7 | N/A | N/A | 0.0% |
| Others | 11.2 | 35.6 | 3.0 | 2.1 | -42.8% |
| Total | 226 | 405 | 30.9 | 28.0 | -50.1% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Venezuela in 2022:
- Switzerland (11.0 units)
- Chile (3.0 units)
- Brazil (1.0 units)
- Canada (1.0 units)
- Colombia (1.0 units)
- France (1.0 units)
- United States (1.0 units)
- Austria (1.0 units)
- China (1.0 units)
- Japan (1.0 units)
- Argentina (1.0 units)
- Germany (1.0 units)
- South Korea (1.0 units)
Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Venezuela
In 2022, the amount of weighing machines; having a maximum weighing capacity exceeding 5000kgs exported from Venezuela stood at 2 units, approximately mirroring 2021. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 100% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs contracted notably to $35 in 2022. In general, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 82%. As a result, the exports attained the peak of $2.4K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 1.3 | 2.4 | 1.2 | N/A | -3.9% |
| Trinidad and Tobago | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.3 | 2.4 | 1.2 | N/A | -3.9% |
Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Venezuela in 2022:
- Trinidad and Tobago (1.0 units)
- Panama (1.0 units)
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