Report Update Nov 1, 2024

Venezuela - Centrifugal Clothes-Dryers - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Venezuela

In 2021, the Venezuelan centrifugal clothes-dryer market decreased by -55% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption continues to indicate a deep slump. Centrifugal clothes-dryer consumption peaked at $X in 2020, and then fell markedly in the following year.

Centrifugal Clothes-Dryer Exports

Exports from Venezuela

For the fourth year in a row, Venezuela recorded decline in shipments abroad of centrifugal clothes-dryers, which decreased by 0% to X units in 2021. Overall, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2015 with an increase of 100%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, centrifugal clothes-dryer exports shrank to $X in 2021. In general, exports showed a precipitous shrinkage. The growth pace was the most rapid in 2013 when exports increased by 69% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Costa Rica (X units) was the main destination for centrifugal clothes-dryer exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Costa Rica totaled -25.4%.

In value terms, Costa Rica ($X) also remains the key foreign market for centrifugal clothes-dryers exports from Venezuela.

From 2012 to 2021, the average annual growth rate of value to Costa Rica totaled -20.0%.

Export Prices by Country

In 2021, the average centrifugal clothes-dryer export price amounted to $X per unit, with an increase of 8% against the previous year. Over the period under review, the export price saw prominent growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 124%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for Costa Rica amounted to +6.0% per year.

Centrifugal Clothes-Dryer Imports

Imports into Venezuela

In 2021, overseas purchases of centrifugal clothes-dryers decreased by -63.7% to X units for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 153%. Imports peaked at X units in 2020, and then shrank sharply in the following year.

In value terms, centrifugal clothes-dryer imports fell markedly to $X in 2021. In general, imports recorded a deep downturn. The pace of growth was the most pronounced in 2018 when imports increased by 70% against the previous year. Imports peaked at $X in 2020, and then contracted notably in the following year.

Imports by Country

South Korea (X units), China (X units) and the United States (X units) were the main suppliers of centrifugal clothes-dryer imports to Venezuela, with a combined 88% share of total imports. These countries were followed by Panama and Mexico, which together accounted for a further 8.9%.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +6.7%), while purchases for the other leaders experienced a decline.

In value terms, South Korea ($X), China ($X) and Panama ($X) were the largest centrifugal clothes-dryer suppliers to Venezuela, with a combined 94% share of total imports. These countries were followed by Mexico and the United States, which together accounted for a further 4.3%.

Mexico, with a CAGR of +1.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average centrifugal clothes-dryer import price stood at $X per unit in 2021, with an increase of 34% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, centrifugal clothes-dryer import price increased by +87.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 40%. The import price peaked in 2021 and is likely to see steady growth in the near future.

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 China ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for centrifugal clothes-dryers in the world?

The countries with the highest volumes of centrifugal clothes-dryer consumption in 2020 were China, Turkey and Nigeria, together comprising 65% of global consumption.

What are the largest producers of centrifugal clothes-dryers in the world?

The countries with the highest volumes of centrifugal clothes-dryer production in 2020 were China, Turkey and Argentina, with a combined 93% share of global production. These countries were followed by South Korea, which accounted for a further 1.5%.

What are the leading suppliers of centrifugal clothes-dryers to Venezuela?

In value terms, South Korea constituted the largest supplier of centrifugal clothes-dryer to Venezuela, comprising 82% of total imports. The second position in the ranking was occupied by Mexico $423), with a 4.8% share of total imports. It was followed by Spain, with a 1.4% share.

What are the leading importers of centrifugal clothes-dryers from Venezuela?

In value terms, the largest markets for centrifugal clothes-dryer exported from Venezuela were Peru $184) and Costa Rica $102).

What is the average export price for centrifugal clothes-dryers in Venezuela?

In 2016, the average centrifugal clothes-dryer export price amounted to $115 per unit, with a decrease of -7.5% against the previous year.

What is the average import price for centrifugal clothes-dryers in Venezuela?

In 2020, the average centrifugal clothes-dryer import price amounted to $139 per unit, declining by -3% against the previous year.

This report provides an in-depth analysis of the centrifugal clothes-dryer 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 28942300 - Centrifugal clothes-dryers

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