Report Update Feb 1, 2025

Venezuela - Electrical Insulators of Ceramics - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Ceramic Electrical Insulator Market 2025

Ceramic Electrical Insulator Market Size in Venezuela

The Venezuelan ceramic electrical insulator market expanded to $X in 2022, growing by 5% 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, faced a dramatic contraction. Ceramic electrical insulator consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Ceramic Electrical Insulator Exports

Exports from Venezuela

In 2022, the amount of electrical insulators of ceramics exported from Venezuela totaled X units, approximately equating the previous year. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, ceramic electrical insulator exports expanded markedly to $X in 2022. Overall, exports continue to indicate a drastic downturn. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Indonesia (X units) was the main destination for ceramic electrical insulator exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2017 to 2018, the average annual growth rate of volume to Indonesia was relatively modest.

In value terms, Indonesia ($X) emerged as the key foreign market for electrical insulators of ceramics exports from Venezuela.

From 2017 to 2018, the average annual growth rate of value to Indonesia was relatively modest.

Export Prices by Country

In 2018, the average ceramic electrical insulator export price amounted to less than $X per thousand units, flattening at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern.

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

From 2017 to 2018, the rate of growth in terms of prices for Indonesia amounted to 0.0% per year.

Ceramic Electrical Insulator Imports

Imports into Venezuela

In 2022, the amount of electrical insulators of ceramics imported into Venezuela amounted to X units, surging by 4.4% against the year before. In general, imports, however, saw a sharp reduction. The most prominent rate of growth was recorded in 2018 with an increase of 444%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, ceramic electrical insulator imports soared to $X in 2022. Over the period under review, imports, however, showed a significant decline. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X units) was the main ceramic electrical insulator supplier to Venezuela, with a 632% share of total imports. Moreover, ceramic electrical insulator imports from Spain exceeded the figures recorded by the second-largest supplier, New Zealand (X units), sevenfold. China (X units) ranked third in terms of total imports with an 84% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (-9.4% per year) and China (-43.4% per year).

In value terms, Spain ($X) constituted the largest supplier of electrical insulators of ceramics to Venezuela, comprising 76% of total imports. The second position in the ranking was held by the United States ($X), with a 0.6% share of total imports. It was followed by New Zealand, with a 0.5% share.

From 2012 to 2022, the average annual growth rate of value from Spain totaled -24.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-54.2% per year) and New Zealand (-29.5% per year).

Import Prices by Country

In 2022, the average ceramic electrical insulator import price amounted to $X per unit, jumping by 18% against the previous year. Over the period under review, the import price, however, faced a deep contraction. The growth pace was the most rapid in 2017 an increase of 500% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-14.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulators of ceramics in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, together accounting for 55% of global consumption. These countries were followed by Japan, Russia, Pakistan, Germany, Brazil, Bangladesh and Turkey, which together accounted for a further 17%.

What are the largest producers of electrical insulators of ceramics in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 75% share of global production.

What are the leading suppliers of electrical insulators of ceramics to Venezuela?

In value terms, Spain constituted the largest supplier of ceramic electrical insulator to Venezuela, comprising 90% of total imports. The second position in the ranking was occupied by China, with a 1.9% share of total imports. It was followed by New Zealand, with a 0.6% share.

What is the average export price for electrical insulators of ceramics in Venezuela?

In 2018, the average ceramic electrical insulator export price amounted to $6.4 per unit, with an increase of 21% against the previous year.

What is the average import price for electrical insulators of ceramics in Venezuela?

The average ceramic electrical insulator import price stood at $2.3 per unit in 2021, waning by -27.3% against the previous year.

This report provides an in-depth analysis of the ceramic electrical insulator 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 23431030 - Electrical insulators of ceramics (excluding insulating fittings)

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