Venezuela: Balloon And Dirigible Market 2025

Balloon And Dirigible Market Size in Venezuela

The Venezuelan balloon and dirigible market was finally on the rise to reach $X in 2022, after five years of decline. Over the period under review, consumption, however, recorded a sharp descent. Balloon and dirigible consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Balloon And Dirigible Production in Venezuela

In value terms, balloon and dirigible production totaled $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Balloon And Dirigible Exports

Exports from Venezuela

In 2022, after seven years of growth, there was decline in overseas shipments of balloons, dirigibles and other non-powered aircraft, when their volume decreased by X% to X units. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at X units in 2021, and then dropped in the following year.

In value terms, balloon and dirigible exports dropped to $X in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

The United States (X units) was the main destination for balloon and dirigible exports from Venezuela, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%.

In value terms, the United States ($X) also remains the key foreign market for balloons, dirigibles and other non-powered aircraft exports from Venezuela.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%.

Export Prices by Country

The average balloon and dirigible export price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price, however, showed significant growth. The growth pace was the most rapid in 2014 an increase of X%. The export price peaked at $X per unit in 2021, and then reduced in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Balloon And Dirigible Imports

Imports into Venezuela

In 2022, the amount of balloons, dirigibles and other non-powered aircraft imported into Venezuela amounted to X units, approximately mirroring the year before. Over the period under review, imports saw strong growth. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, balloon and dirigible imports surged to $X in 2022. Overall, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United States (X units) and Colombia (X units) were the main suppliers of balloon and dirigible imports to Venezuela. Moreover, balloon and dirigible imports in the United States exceeded the figures recorded by the second-largest supplier, Colombia, twofold.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%).

In value terms, the United States ($X) constituted the largest supplier of balloons, dirigibles and other non-powered aircraft to Venezuela, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%.

Import Prices by Country

In 2022, the average balloon and dirigible import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price posted a strong increase. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Colombia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%).

Source: IndexBox Platform

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