Report Venezuela - Gearboxes and Speed Changers for Machinery and Land or Sea Vehicles excluding Gears and Gearing - Market Analysis, Forecast, Size, Trends and Insights for 499$

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Venezuela - Gearboxes and Speed Changers for Machinery and Land or Sea Vehicles excluding Gears and Gearing - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Gearboxes and Speed Changers 2024

Market Size for Gearboxes and Speed Changers in Venezuela

The Venezuelan gearboxes and speed changers market surged to $X in 2022, picking up by X% 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, showed a sharp reduction. Gearboxes and speed changers consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Gearboxes and Speed Changers

Exports from Venezuela

In 2022, after three years of decline, there was significant growth in overseas shipments of gearboxes and speed changers, when their volume increased by X% to X tons. Overall, exports, however, showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, gearboxes and speed changers exports rose modestly to $X in 2022. In general, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Panama (X tons) was the main destination for gearboxes and speed changers exports from Venezuela, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Panama stood at X%.

From 2012 to 2022, the average annual growth rate of value to Panama totaled X%.

Export Prices by Country

In 2022, the average gearboxes and speed changers export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price, however, enjoyed a prominent increase. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then reduced modestly in the following year.

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

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

Imports of Gearboxes and Speed Changers

Imports into Venezuela

Gearboxes and speed changers imports into Venezuela surged to X tons in 2022, jumping by X% against 2021. In general, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, gearboxes and speed changers imports declined to $X in 2022. Over the period under review, imports, however, recorded a significant decrease. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of gearboxes and speed changers to Venezuela, with a X% share of total imports. Moreover, gearboxes and speed changers imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by Brazil (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Brazil (X% per year).

In value terms, the United States ($X), China ($X) and Germany ($X) were the largest gearboxes and speed changers suppliers to Venezuela, together comprising X% of total imports.

Among the main suppliers, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average gearboxes and speed changers import price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gearboxes and speed changers in the world?

The country with the largest volume of gearboxes and speed changers consumption was China, comprising approx. 27% of total volume. Moreover, gearboxes and speed changers consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with an 8.7% share.

What are the largest producers of gearboxes and speed changers in the world?

China constituted the country with the largest volume of gearboxes and speed changers production, comprising approx. 32% of total volume. Moreover, gearboxes and speed changers production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Germany, with a 6.9% share.

What are the leading suppliers of gearboxes and speed changers to Venezuela?

In value terms, the largest gearboxes and speed changers suppliers to Venezuela were Germany, the United States and Spain, together comprising 80% of total imports. Chile and Italy lagged somewhat behind, together comprising a further 16%.

What is the average export price for gearboxes and speed changers in Venezuela?

The average gearboxes and speed changers export price stood at $38,997 per ton in 2021, jumping by 89% against the previous year.

What is the average import price for gearboxes and speed changers in Venezuela?

The average gearboxes and speed changers import price stood at $16,286 per ton in 2021, jumping by 25% against the previous year.

This report provides an in-depth analysis of the market for gearboxes and speed changers 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 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
Prodcom 28152434 - Gear boxes ..., worm gear boxes
Prodcom 28152440 - Other gear boxes
Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
Prodcom 28152473 - Ball or roller screws
Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)

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