Report Update Mar 1, 2025

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

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Venezuela: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Venezuela

For the third year in a row, the Venezuelan market for instrument panel and wall clocks recorded decline in sales value, which decreased by -X% to $X in 2020. Overall, consumption, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2010 to 2020, the growth of the market failed to regain the momentum.

Exports of Instrument Panel And Wall Clocks

Exports from Venezuela

For the third consecutive year, Venezuela recorded decline in shipments abroad of instrument panel and wall clocks, which decreased by -X% to X kg in 2020. Overall, exports showed a precipitous decrease. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, instrument panel and wall clock exports rose to $X in 2020. Over the period under review, exports faced a deep slump. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Costa Rica (X kg) was the main destination for instrument panel and wall clock exports from Venezuela, accounting for a X% share of total exports. Moreover, instrument panel and wall clock exports to Costa Rica exceeded the volume sent to the second major destination, Aruba (X kg), eightfold. The third position in this ranking was occupied by the Netherlands (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Costa Rica totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (-X% per year) and the Netherlands (+X% per year).

In value terms, the largest markets for instrument panel and wall clock exported from Venezuela were Panama ($X), Aruba ($X) and Spain ($X), together accounting for X% of total exports. These countries were followed by the Netherlands, France and Costa Rica, which together accounted for a further X recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for instrument panel and wall clocks stood at $X per ton in 2020, picking up by X% against the previous year. In general, the export price posted strong growth. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Panama ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Panama, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Instrument Panel And Wall Clocks

Imports into Venezuela

In 2020, imports of instrument panel and wall clocks into Venezuela expanded notably to X tons, increasing by X% on the previous year. Over the period under review, imports, however, recorded a sharp setback. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. from 2010 to 2020, the growth imports failed to regain the momentum.

In value terms, instrument panel and wall clock imports contracted to $X in 2020. In general, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2009; however, from 2010 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) was the main instrument panel and wall clock supplier to Venezuela, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from China amounted to -X%.

In value terms, China ($X) constituted the largest supplier of instrument panel and wall clock to Venezuela.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at +X%.

Import Prices by Country

The average import price for instrument panel and wall clocks stood at $X per ton in 2020, falling by -X% against the previous year. Overall, the import price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2019, and then contracted markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for instrument panel and wall clocks in the world?

Myanmar constituted the country with the largest volume of instrument panel and wall clock consumption, accounting for 86% of total volume. It was followed by the United States, with a 2.5% share of total consumption.

What are the largest producers of instrument panel and wall clocks in the world?

The country with the largest volume of instrument panel and wall clock production was India, comprising approx. 43% of total volume. Moreover, instrument panel and wall clock production in India exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by Romania, with a 4.4% share.

What are the leading suppliers of instrument panel and wall clocks to Venezuela?

In value terms, China constituted the largest supplier of instrument panel and wall clock to Venezuela.

What are the leading importers of instrument panel and wall clocks from Venezuela?

In value terms, the largest markets for instrument panel and wall clock exported from Venezuela were Panama, Aruba $722) and Spain $502), with a combined 78% share of total exports. The Netherlands, France and Costa Rica lagged somewhat behind, together accounting for a further 22%.

What is the average export price for instrument panel and wall clocks in Venezuela?

In 2020, the average export price for instrument panel and wall clocks amounted to $16,542 per ton, increasing by 23% against the previous year.

What is the average import price for instrument panel and wall clocks in Venezuela?

The average import price for instrument panel and wall clocks stood at $38,277 per ton in 2020, waning by -17.7% against the previous year.

This report provides an in-depth analysis of the market for instrument panel and wall clock 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 2025.

Product coverage:

Prodcom 26521300 - Instrument panel clocks and clocks of a similar type for vehicles, aircraft, spacecraft or vessels (including vehicle chronographs)
Prodcom 26521400 - Clocks with watch movements, alarm clocks and wall clocks, o ther clocks

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