Venezuela - Festive or Carnival Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVenezuela: Festive Articles Market 2024
Festive Articles Market Size in Venezuela
In 2022, after three years of growth, there was significant decline in the Venezuelan festive articles market, when its value decreased by -28.3% to $X. Over the period under review, consumption showed a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Festive Articles Exports
Exports from Venezuela
In 2022, the amount of festive or carnival articles exported from Venezuela declined dramatically to X tons, falling by -44.4% compared with the previous year's figure. Over the period under review, exports, however, posted a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 1,096% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.
In value terms, festive articles exports dropped rapidly to $X in 2022. Overall, exports, however, posted measured growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,523%. As a result, the exports attained the peak of $X, and then reduced rapidly in the following year.
Exports by Country
Canada (X tons) was the main destination for festive articles exports from Venezuela, with a 88% share of total exports. Moreover, festive articles exports to Canada exceeded the volume sent to the second major destination, Spain (X kg), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume to Canada totaled +93.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-13.5% per year) and Sweden (+5.3% per year).
In value terms, Canada ($X) emerged as the key foreign market for festive or carnival articles exports from Venezuela, comprising 82% of total exports. The second position in the ranking was held by Spain ($X), with a 2.6% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Canada stood at +92.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-20.9% per year) and Sweden (+14.4% per year).
Export Prices by Country
The average festive articles export price stood at $X per ton in 2022, falling by -4.5% against the previous year. Overall, the export price recorded a pronounced decrease. The growth pace was the most rapid in 2019 when the average export price increased by 226% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Festive Articles Imports
Imports into Venezuela
In 2022, supplies from abroad of festive or carnival articles decreased by -27.8% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 404% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, festive articles imports dropped dramatically to $X in 2022. In general, imports showed a noticeable contraction. The growth pace was the most rapid in 2020 with an increase of 341%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, China (X tons) was the main festive articles supplier to Venezuela, with a 100% share of total imports. It was followed by the United States (X tons), with a 0.4% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +3.1%.
In value terms, China ($X) constituted the largest supplier of festive or carnival articles to Venezuela, comprising 99% of total imports. The second position in the ranking was held by the United States ($X), with a 0.8% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +8.9%.
Import Prices by Country
In 2022, the average festive articles import price amounted to $X per ton, shrinking by -2% against the previous year. Overall, the import price, however, posted noticeable growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 53%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the festive articles 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 32995150 - Festive, carnival or other entertainment articles, n.e.c.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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