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Venezuela - Parts of Harvester and Threshers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVenezuela: Market for Parts Of Harvester And Threshers 2024
Market Size for Parts Of Harvester And Threshers in Venezuela
The Venezuelan market for parts of harvester and threshers surged to $X in 2021, picking up by 76% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, faced a deep contraction. Parts of harvester and threshers consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Exports of Parts Of Harvester And Threshers
Exports from Venezuela
In 2021, overseas shipments of parts of harvester and threshers increased by 135% to X units, rising for the second year in a row after four years of decline. Overall, exports recorded a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by 869%. Over the period under review, the exports reached the peak figure at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
In value terms, parts of harvester and threshers exports skyrocketed to $X in 2021. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,348%. The exports peaked in 2021 and are expected to retain growth in the immediate term.
Exports by Country
Colombia (X units) was the main destination for parts of harvester and threshers exports from Venezuela, accounting for a 76% share of total exports. Moreover, parts of harvester and threshers exports to Colombia exceeded the volume sent to the second major destination, the Netherlands (X units), sevenfold.
From 2012 to 2021, the average annual growth rate of volume to Colombia amounted to +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+31.0% per year) and the Dominican Republic (+37.9% per year).
In value terms, Colombia ($X) remains the key foreign market for parts of harvester and threshers exports from Venezuela, comprising 47% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 22% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to Colombia totaled +34.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+54.8% per year) and the Dominican Republic (+28.0% per year).
Export Prices by Country
The average export price for parts of harvester and threshers stood at $X per unit in 2021, growing by 99% against the previous year. Overall, the export price saw significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Colombia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+21.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Parts Of Harvester And Threshers
Imports into Venezuela
Parts of harvester and threshers imports into Venezuela soared to X units in 2021, increasing by 83% compared with 2020. In general, imports, however, faced a abrupt slump. The pace of growth was the most pronounced in 2019 when imports increased by 312% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, parts of harvester and threshers imports soared to $X in 2021. Overall, imports, however, faced a precipitous slump. The growth pace was the most rapid in 2019 with an increase of 313%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
South Korea (X units), China (X units) and the United States (X units) were the main suppliers of parts of harvester and threshers imports to Venezuela, with a combined 84% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +36.9%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X), China ($X) and South Korea ($X) were the largest parts of harvester and threshers suppliers to Venezuela, with a combined 31% share of total imports.
South Korea, with a CAGR of +28.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average import price for parts of harvester and threshers amounted to $X per unit, which is down by -5.6% against the previous year. In general, the import price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 20% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for parts of harvester and threshers 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 28309100 - Parts of machinery and apparatus of HS
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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