Venezuela - Hydraulic Presses for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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Hydraulic Press Market Size in Venezuela
In 2022, the Venezuelan hydraulic press market decreased by -24.5% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption recorded a sharp setback. Hydraulic press consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.
Hydraulic Press Exports
Exports from Venezuela
In 2022, the amount of hydraulic presses for working metal exported from Venezuela soared to X units, surging by 33% against the previous year's figure. Overall, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of 300%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.
In value terms, hydraulic press exports surged to $X in 2022. Over the period under review, exports, however, saw a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 649%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.
Exports by Country
Panama (X units), Chile (X units) and Colombia (X units) were the main destinations of hydraulic press exports from Venezuela. Moreover, hydraulic press exports in Panama exceeded the figures recorded by the second-largest exporter, Chile, twofold.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of 0.0%), while the other leaders experienced a decline.
In value terms, Panama ($X) remains the key foreign market for hydraulic presses for working metal exports from Venezuela, comprising 100% of total exports. The second position in the ranking was taken by Chile ($X), with a 0.2% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Panama amounted to -18.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-40.1% per year) and Colombia (-52.7% per year).
Export Prices by Country
The average hydraulic press export price stood at $X per unit in 2022, rising by 238% against the previous year. Overall, the export price, however, continues to indicate a abrupt curtailment. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to Colombia ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-7.8%), while the prices for the other major destinations experienced a decline.
Hydraulic Press Imports
Imports into Venezuela
In 2022, after two years of growth, there was significant decline in supplies from abroad of hydraulic presses for working metal, when their volume decreased by -16.7% to X units. Overall, imports saw a significant decline. The most prominent rate of growth was recorded in 2013 with an increase of 55%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.
In value terms, hydraulic press imports reduced rapidly to $X in 2022. Over the period under review, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 431%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, Germany (X units) constituted the largest hydraulic press supplier to Venezuela, accounting for a 32% share of total imports. Moreover, hydraulic press imports from Germany exceeded the figures recorded by the second-largest supplier, Canada (X units), threefold. The third position in this ranking was taken by China (X units), with an 8% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+11.6% per year) and China (-33.8% per year).
In value terms, Germany ($X) constituted the largest supplier of hydraulic presses for working metal to Venezuela, comprising 44% of total imports. The second position in the ranking was taken by Canada ($X), with a 17% share of total imports. It was followed by Spain, with a 14% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+90.2% per year) and Spain (+0.5% per year).
Import Prices by Country
In 2022, the average hydraulic press import price amounted to $X per unit, dropping by -6.9% against the previous year. In general, the import price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 246% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Panama ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+70.4%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the hydraulic press 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 28413350 - Hydraulic presses for working metal
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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