Report Update Nov 1, 2024

Venezuela - Computing Machinery and Parts and Accessories Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Computing Machinery Market 2024

Computing Machinery Market Size in Venezuela

In 2021, the Venezuelan computing machinery market increased by 54% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a dramatic setback. Computing machinery consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Computing Machinery Exports

Exports from Venezuela

In 2021, approx. X tons of computing machinery and parts and accessories thereof were exported from Venezuela; reducing by -14.4% against the previous year. In general, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2013 when exports increased by 70%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, computing machinery exports skyrocketed to $X in 2021. Overall, exports continue to indicate a drastic downturn. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons), Poland (X tons) and Malaysia (X tons) were the main destinations of computing machinery exports from Venezuela.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +182.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for computing machinery exported from Venezuela were Hong Kong SAR ($X), Malaysia ($X) and Poland ($X).

Poland, with a CAGR of +129.7%, recorded the highest growth rate of the value of exports, in terms of 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

In 2021, the average computing machinery export price amounted to $X per ton, growing by 121% against the previous year. Overall, the export price showed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Nicaragua ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+18.6%), while the prices for the other major destinations experienced mixed trend patterns.

Computing Machinery Imports

Imports into Venezuela

In 2021, supplies from abroad of computing machinery and parts and accessories thereof increased by 60% to X tons, rising for the second year in a row after seven years of decline. Overall, imports, however, continue to indicate a sharp slump. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, computing machinery imports soared to $X in 2021. Over the period under review, imports, however, saw a precipitous contraction. 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 tons) was the main supplier of computing machinery to Venezuela, with a 117% share of total imports. Moreover, computing machinery imports from the United States exceeded the figures recorded by the second-largest supplier, Portugal (X tons), eightfold. Hong Kong SAR (X tons) ranked third in terms of total imports with a 4% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-18.0% per year) and Hong Kong SAR (-16.9% per year).

In value terms, the United States ($X) constituted the largest supplier of computing machinery and parts and accessories thereof to Venezuela, comprising 482% of total imports. The second position in the ranking was held by Portugal ($X), with a 9.6% share of total imports. It was followed by Hong Kong SAR, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-16.9% per year) and Hong Kong SAR (-7.6% per year).

Import Prices by Country

The average computing machinery import price stood at $X per ton in 2021, waning by -8% against the previous year. Overall, the import price, however, saw a notable increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 47% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+24.0%), 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 computing machinery and parts and accessories thereof in the world?

China constituted the country with the largest volume of computing machinery consumption, comprising approx. 33% of total volume. Moreover, computing machinery consumption in China exceeded the figures recorded by the second-largest consumer, Palestine, twofold. The United States ranked third in terms of total consumption with a 13% share.

What are the largest producers of computing machinery and parts and accessories thereof in the world?

China remains the largest computing machinery producing country worldwide, accounting for 74% of total volume. Moreover, computing machinery production in China exceeded the figures recorded by the second-largest producer, Thailand, more than tenfold. Malaysia ranked third in terms of total production with a 3.7% share.

What are the leading suppliers of computing machinery and parts and accessories thereof to Venezuela?

In value terms, the United States constituted the largest supplier of computing machinery to Venezuela, comprising 90% of total imports. The second position in the ranking was occupied by Portugal, with a 1.8% share of total imports. It was followed by Hong Kong SAR, with a 1.8% share.

What are the leading importers of computing machinery and parts and accessories thereof from Venezuela?

In value terms, Hong Kong SAR, Malaysia and Poland were the largest markets for computing machinery exported from Venezuela worldwide, with a combined 78% share of total exports.

What is the average export price for computing machinery and parts and accessories thereof in Venezuela?

The average computing machinery export price stood at $72,712 per ton in 2021, jumping by 88% against the previous year.

What is the average import price for computing machinery and parts and accessories thereof in Venezuela?

In 2021, the average computing machinery import price amounted to $213,665 per ton, surging by 23% against the previous year.

This report provides an in-depth analysis of the computing machinery 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 26201100 - Laptop PCs and palm-top organisers
Prodcom 26201300 - Desk top PCs
Prodcom 26201400 - Digital data processing machines: presented in the form of systems
Prodcom 26201500 - Other digital automatic data processing machines whether or not containing in the same housing one or two of the following units: storage units, input/output units
Prodcom 26201640 - Printers, copying machines and facsimile machines, capable of connecting to an automatic data processing machine or to a network (excluding printing machinery used for printing by means of plates, cylinders and other components, and
Prodcom 26201650 - Keyboards
Prodcom 26201660 - Other input or output units, whether or not containing storage units in the same housing
Prodcom 26201700 - Monitors and projectors, principally used in an automatic data processing system
Prodcom 26201800 - Machines which perform two or more of the functions of printing, copying or facsimile transmission, capable of connecting to an automatic data processing machine or to a network
Prodcom 26202100 - Storage units
Prodcom 26203000 - Other units of automatic data processing machines (excluding network communications equipment (e.g. hubs, routers, g ateways) for LANs and WANs and sound, video, network and similar cards for automatic data processing machines)
Prodcom 26204000 - Parts and accessories of the machines of HS
Prodcom 28232600 - Parts and accessories of printers of HS
Prodcom 26122000 - Network communications equipment (e.g. hubs, routers, g ateways) for LANs and WANs and sound, video, network and similar cards for automatic data processing machines
Prodcom 269900Z0 - Other units of automatic data processing machines

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