Report Update Nov 1, 2024

Venezuela - Electrical Capacitors - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Capacitor Market 2024

Capacitor Market Size in Venezuela

The Venezuelan capacitor market soared to $X in 2021, rising by 41% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a deep slump. Capacitor consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Capacitor Exports

Exports from Venezuela

In 2021, approx. X kg of electrical capacitors were exported from Venezuela; surging by 58% against the previous year's figure. In general, exports, however, showed a abrupt decrease. Over the period under review, the exports hit record highs at X kg in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, capacitor exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 30% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Panama (X kg) and Colombia (X kg) were the main destinations of capacitor exports from Venezuela.

From 2012 to 2021, the biggest increases were recorded for Panama (with a CAGR of +35.7%).

In value terms, the largest markets for capacitor exported from Venezuela were Panama ($X) and Colombia ($X).

Panama, with a CAGR of +33.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average capacitor export price amounted to $X per ton, reducing by -23.4% against the previous year. In general, the export price showed a perceptible shrinkage. The growth pace was the most rapid in 2019 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the country with the highest price was Colombia ($X per ton), while the average price for exports to Panama stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+133.2%), while the prices for the other major destinations experienced mixed trend patterns.

Capacitor Imports

Imports into Venezuela

In 2021, the amount of electrical capacitors imported into Venezuela surged to X tons, jumping by 57% compared with 2020 figures. Over the period under review, imports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2019 with an increase of 146% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, capacitor imports soared to $X in 2021. In general, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2015 with an increase of 57% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest capacitor supplier to Venezuela, accounting for a 84% share of total imports. Moreover, capacitor imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-10.6% per year) and Germany (+6.7% per year).

In value terms, China ($X) constituted the largest supplier of electrical capacitors to Venezuela, comprising 66% of total imports. The second position in the ranking was taken by Germany ($X), with a 9% share of total imports. It was followed by the United States, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.4% per year) and the United States (-36.1% per year).

Import Prices by Country

In 2021, the average capacitor import price amounted to $X per ton, declining by -18.6% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 34%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 Panama (+13.6%), 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 electrical capacitors in the world?

The country with the largest volume of capacitor consumption was China, comprising approx. 24% of total volume. Moreover, capacitor consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fourfold. The third position in this ranking was occupied by the United States, with a 5.9% share.

What are the largest producers of electrical capacitors in the world?

China remains the largest capacitor producing country worldwide, accounting for 44% of total volume. Moreover, capacitor production in China exceeded the figures recorded by the second-largest producer, Japan, twofold. The third position in this ranking was occupied by Indonesia, with a 6.2% share.

What are the leading suppliers of electrical capacitors to Venezuela?

In value terms, China constituted the largest supplier of capacitor to Venezuela, comprising 60% of total imports. The second position in the ranking was occupied by the United States, with a 12% share of total imports. It was followed by Brazil, with a 5.8% share.

What are the leading importers of electrical capacitors from Venezuela?

In value terms, South Korea emerged as the key foreign market for capacitor exports from Venezuela, comprising 51% of total exports. The second position in the ranking was occupied by India, with a 25% share of total exports. It was followed by Panama, with a 20% share.

What is the average export price for electrical capacitors in Venezuela?

In 2020, the average capacitor export price amounted to $33,183 per ton, falling by -16.1% against the previous year.

What is the average import price for electrical capacitors in Venezuela?

The average capacitor import price stood at $8,440 per ton in 2020, shrinking by -33.9% against the previous year.

This report provides an in-depth analysis of the capacitor 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 27905100 - Fixed power capacitors with a power handling capacity of > 0,5 kvar
Prodcom 27905220 - Fixed electrical capacitors, tantalum or aluminium electrolytic (excluding power capacitors)
Prodcom 27905240 - Other fixed electrical capacitors n.e.c.
Prodcom 27905300 - Variable capacitors (including pre-sets)

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