Report Update Nov 1, 2024

Venezuela - Civil Reaction Engines - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in Venezuela

For the fifth year in a row, the Venezuelan civil reaction engine market recorded decline in sales value, which decreased by -5.1% to $X in 2021. In general, consumption saw a sharp contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Civil Reaction Engine Production in Venezuela

In value terms, civil reaction engine production stood at $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 2.4% against the previous year. Civil reaction engine production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Civil Reaction Engine Exports

Exports from Venezuela

Civil reaction engine exports from Venezuela stood at X units in 2013, remaining constant against the previous year. In general, exports showed a relatively flat trend pattern. The exports peaked in 2013 and are expected to retain growth in the near future.

In value terms, civil reaction engine exports stood at $X in 2013. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2013 and are expected to retain growth in the immediate term.

Exports by Country

From 2013 to 2020, the average annual growth rate of volume to No country was relatively modest.

From 2013 to 2020, the average annual growth rate of value to No country was relatively modest.

Civil Reaction Engine Imports

Imports into Venezuela

For the fifth consecutive year, Venezuela recorded decline in supplies from abroad of civil reaction engines, which decreased by -10.2% to X units in 2021. Over the period under review, imports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2016 with an increase of 77% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, civil reaction engine imports totaled $X in 2021. Overall, imports saw a precipitous contraction. The growth pace was the most rapid in 2018 with an increase of 13%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X units) was the main supplier of civil reaction engine to Venezuela, with a 94% share of total imports. It was followed by Panama (X units), with a 2.7% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -66.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-54.7% per year) and the UK (-48.6% per year).

In value terms, the United States ($X) constituted the largest supplier of civil reaction engines to Venezuela, comprising 96% of total imports. The second position in the ranking was taken by Panama ($X), with a 2.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -59.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-45.2% per year) and the UK (-39.5% per year).

Import Prices by Country

In 2021, the average civil reaction engine import price amounted to $X per unit, surging by 13% against the previous year. In general, the import price posted a significant increase. The growth pace was the most rapid in 2013 an increase of 374% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+23.0%), 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 civil reaction engines in the world?

The countries with the highest volumes of in 2021 were South Africa, Singapore and Indonesia, with a combined 40% share of global consumption. Nigeria, Kenya, Spain, the Netherlands, the United States, Colombia, Hungary, Brazil and the UK lagged somewhat behind, together comprising a further 42%.

What are the largest producers of civil reaction engines in the world?

The country with the largest volume of civil reaction engine production was South Africa, comprising approx. 47% of total volume. Moreover, civil reaction engine production in South Africa exceeded the figures recorded by the second-largest producer, Poland, fourfold. The third position in this ranking was occupied by Spain, with an 11% share.

What are the leading suppliers of civil reaction engines to Venezuela?

In value terms, the United States constituted the largest supplier of civil reaction engine to Venezuela, comprising 98% of total imports. The second position in the ranking was occupied by Germany $927), with a 0.6% share of total imports.

What is the average export price for civil reaction engines in Venezuela?

In 2020, the average civil reaction engine export price amounted to $4,446 per unit, reducing by -17.7% against the previous year.

What is the average import price for civil reaction engines in Venezuela?

In 2021, the average civil reaction engine import price amounted to $280 per unit, rising by 4.7% against the previous year.

This report provides an in-depth analysis of the civil reaction engine 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 30301300 - Reaction engines, for civil use (including ramjets, pulse jets and rocket engines) (excluding turbojets, guided missiles incorporating power units)

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