Report Update Mar 1, 2025

Venezuela - Binoculars - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Binocular Market 2025

Binocular Market Size in Venezuela

The Venezuelan binocular market was finally on the rise to reach $X in 2021, after five years of decline. Overall, consumption recorded a relatively flat trend pattern. Binocular consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Binocular Exports

Exports from Venezuela

In 2021, shipments abroad of binoculars increased by 17% to X units, rising for the second year in a row after two years of decline. In general, exports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 200%. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, binocular exports dropped to $X in 2021. Overall, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 302% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Panama (X units) was the main destination for binocular exports from Venezuela, with a 86% share of total exports. Moreover, binocular exports to Panama exceeded the volume sent to the second major destination, Costa Rica (X units), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Panama totaled +13.0%.

In value terms, Panama ($X) remains the key foreign market for binoculars exports from Venezuela, comprising 98% of total exports. The second position in the ranking was held by Costa Rica ($X), with a 1.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Panama totaled -4.0%.

Export Prices by Country

In 2021, the average binocular export price amounted to $X per unit, reducing by -20.5% against the previous year. Overall, the export price showed a pronounced reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 205%. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to Costa Rica stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (-11.2%).

Binocular Imports

Imports into Venezuela

In 2021, supplies from abroad of binoculars was finally on the rise to reach X units for the first time since 2015, thus ending a five-year declining trend. Over the period under review, imports recorded a pronounced expansion. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, binocular imports skyrocketed to $X in 2021. Overall, imports, however, saw a significant decrease. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest binocular supplier to Venezuela, with a 83% share of total imports. Moreover, binocular imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X units), eightfold. The UK (X units) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +43.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+61.9% per year) and the UK (+121.3% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of binoculars to Venezuela, comprising 83% of total imports. The second position in the ranking was held by France ($X), with an 11% share of total imports. It was followed by the UK, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands stood at +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+21.7% per year) and the UK (+20.7% per year).

Import Prices by Country

The average binocular import price stood at $X per unit in 2021, with an increase of 13% against the previous year. Over the period under review, the import price, however, saw a sharp reduction. The pace of growth was the most pronounced in 2015 an increase of 49% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-6.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for binoculars in the world?

The countries with the highest volumes of binocular consumption in 2021 were China, South Africa and the United States, with a combined 46% share of global consumption. Russia, Japan, Pakistan, France, Germany, Spain, Indonesia, Italy, the Netherlands and Turkey lagged somewhat behind, together comprising a further 24%.

What are the largest producers of binoculars in the world?

The country with the largest volume of binocular production was China, accounting for 75% of total volume. Moreover, binocular production in China exceeded the figures recorded by the second-largest producer, Russia, more than tenfold. Pakistan ranked third in terms of total production with a 2.6% share.

What are the leading suppliers of binoculars to Venezuela?

In value terms, France constituted the largest supplier of binocular to Venezuela, comprising 70% of total imports. The second position in the ranking was occupied by China $477), with a 4.1% share of total imports.

What are the leading importers of binoculars from Venezuela?

In value terms, Costa Rica $49) remains the key foreign market for binocular exports from Venezuela.

What is the average export price for binoculars in Venezuela?

In 2021, the average binocular export price amounted to $14 per unit, growing by 9.7% against the previous year.

What is the average import price for binoculars in Venezuela?

In 2021, the average binocular import price amounted to $1.7 per unit, growing by 2.4% against the previous year.

This report provides an in-depth analysis of the binocular market 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 26702230 - Binoculars (including night vision binoculars)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024