Report Update Nov 1, 2024

Venezuela - Brushes Constituting Parts of Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in Venezuela

After three years of growth, the Venezuelan appliance part brush market decreased by -34.6% to $X in 2022. Over the period under review, consumption recorded a abrupt descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Appliance Part Brush Exports

Exports from Venezuela

In 2022, after seven years of decline, there was significant growth in overseas shipments of brushes constituting parts of appliances, when their volume increased by 32% to X units. Overall, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when exports increased by 1,364% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, appliance part brush exports soared to $X in 2022. In general, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 419% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Panama (X units) was the main destination for appliance part brush exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Panama amounted to +29.7%.

In value terms, Panama ($X) also remains the key foreign market for brushes constituting parts of appliances exports from Venezuela.

From 2012 to 2022, the average annual growth rate of value to Panama totaled +22.0%.

Export Prices by Country

The average appliance part brush export price stood at $X per unit in 2022, increasing by 12% against the previous year. In general, the export price, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 72%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.6% per year.

Appliance Part Brush Imports

Imports into Venezuela

In 2022, overseas purchases of brushes constituting parts of appliances decreased by -35% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 235%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, appliance part brush imports fell sharply to $X in 2022. In general, imports showed a dramatic curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 184% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest appliance part brush supplier to Venezuela, accounting for a 82% share of total imports. Moreover, appliance part brush imports from China exceeded the figures recorded by the second-largest supplier, Argentina (X units), sevenfold. The United States (X units) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-7.5% per year) and the United States (-29.3% per year).

In value terms, the largest appliance part brush suppliers to Venezuela were China ($X), Argentina ($X) and the United States ($X), with a combined 73% share of total imports.

In terms of the main suppliers, Argentina, with a CAGR of -7.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average appliance part brush import price amounted to $X per unit, growing by 4.1% against the previous year. Overall, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 53%. The import price peaked at $X per unit in 2017; however, from 2018 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for brushes constituting parts of appliances in the world?

The countries with the highest volumes of appliance part brush consumption in 2021 were China, Germany and the United States, together comprising 51% of global consumption. These countries were followed by Japan, Russia, Mexico, Vietnam, South Korea, Italy, France, Poland, Canada and Pakistan, which together accounted for a further 26%.

What are the largest producers of brushes constituting parts of appliances in the world?

China constituted the country with the largest volume of appliance part brush production, comprising approx. 42% of total volume. Moreover, appliance part brush production in China exceeded the figures recorded by the second-largest producer, Germany, twofold. The third position in this ranking was occupied by the United States, with a 6.6% share.

What are the leading suppliers of brushes constituting parts of appliances to Venezuela?

In value terms, the largest appliance part brush suppliers to Venezuela were Germany, Argentina and China, with a combined 70% share of total imports.

What is the average export price for brushes constituting parts of appliances in Venezuela?

The average appliance part brush export price stood at $0.4 per unit in 2020, declining by -25.2% against the previous year.

What is the average import price for brushes constituting parts of appliances in Venezuela?

In 2021, the average appliance part brush import price amounted to $1.2 per unit, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the appliance part brush 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 32911970 - Brushes constituting parts of machines, appliances or vehicles (excluding for road-sweepers)

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023