Report Update Nov 1, 2024

Venezuela - Games Operated by Coins, Banknotes or Discs - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Coin Game Market 2024

Coin Game Market Size in Venezuela

The Venezuelan coin game market amounted to $X in 2022, growing by 2.9% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Coin game consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Coin Game Production in Venezuela

In value terms, coin game production rose notably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 56%. Coin game production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Coin Game Exports

Exports by Country

Spain (X units) was the main destination for coin game exports from Venezuela, accounting for a approx. 44% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled +1.6%.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled -1.3%.

Export Prices by Country

The average coin game export price stood at $X per unit in 2022, with a decrease of -5.7% against the previous year. Over the period under review, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2020 an increase of 276% against the previous year. The export price peaked at $X per unit in 2021, and then reduced in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +34.8% per year.

Coin Game Imports

Imports into Venezuela

In 2022, supplies from abroad of games operated by coins, banknotes or discs decreased by -44.1% to X units for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 992% against the previous year. As a result, imports attained the peak of X units, and then fell sharply in the following year.

In value terms, coin game imports shrank markedly to $X in 2022. Over the period under review, imports, however, recorded a strong increase. The growth pace was the most rapid in 2021 with an increase of 736%. As a result, imports attained the peak of $X, and then declined sharply in the following year.

Imports by Country

In 2022, the United States (X units) constituted the largest coin game supplier to Venezuela, accounting for a 51% share of total imports. Moreover, coin game imports from the United States exceeded the figures recorded by the second-largest supplier, Slovenia (X units), twofold. China (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+372.8% per year) and China (+10.3% per year).

In value terms, the United States ($X) constituted the largest supplier of games operated by coins, banknotes or discs to Venezuela, comprising 46% of total imports. The second position in the ranking was held by Slovenia ($X), with a 23% share of total imports. It was followed by China, with a 3.2% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+173.4% per year) and China (+15.6% per year).

Import Prices by Country

In 2022, the average coin game import price amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the import price showed a mild expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 80% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 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 Dominican Republic ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+37.9%), 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 games operated by coins, banknotes or discs in the world?

The countries with the highest volumes of in 2021 were China, the United States and the UK, with a combined 41% share of global consumption. These countries were followed by Japan, Russia, Pakistan, Brazil, Bangladesh, Nigeria, Turkey, South Korea, Canada and Austria, which together accounted for a further 31%.

What are the largest producers of games operated by coins, banknotes or discs in the world?

The country with the largest volume of coin game production was China, comprising approx. 33% of total volume. Moreover, coin game production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The UK ranked third in terms of total production with a 5% share.

What are the leading suppliers of games operated by coins, banknotes or discs to Venezuela?

In value terms, the United States constituted the largest supplier of coin game to Venezuela, comprising 91% of total imports. The second position in the ranking was occupied by Slovenia, with a 5.3% share of total imports.

What are the leading importers of games operated by coins, banknotes or discs from Venezuela?

In value terms, Panama $387) remains the key foreign market for coin game exports from Venezuela, comprising 70% of total exports. The second position in the ranking was occupied by Spain $83), with a 15% share of total exports.

What is the average export price for games operated by coins, banknotes or discs in Venezuela?

The average coin game export price stood at $92 per unit in 2021, increasing by 14% against the previous year.

What is the average import price for games operated by coins, banknotes or discs in Venezuela?

In 2021, the average coin game import price amounted to $80 per unit, rising by 22% against the previous year.

This report provides an in-depth analysis of the coin game 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 32404230 - Games operated by coins, banknotes, discs or other similar articles (excluding bowling alley equipment)

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