Report Update Nov 1, 2024

Venezuela - Jacks and Hoists for Raising Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Jacks And Hoists Market 2024

Jacks And Hoists Market Size in Venezuela

After two years of growth, the Venezuelan jacks and hoists market decreased by -11.5% to $X in 2022. In general, consumption saw a dramatic decline. Jacks and hoists consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Jacks And Hoists Exports

Exports from Venezuela

In 2022, after two years of decline, there was decline in overseas shipments of jacks and hoists for raising vehicles, when their volume decreased by 0% to X units. Overall, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 20%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, jacks and hoists exports expanded modestly to $X in 2022. In general, exports faced a dramatic setback. 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

Panama (X units) was the main destination for jacks and hoists exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Panama totaled -6.7%.

In value terms, Panama ($X) also remains the key foreign market for jacks and hoists for raising vehicles exports from Venezuela.

From 2012 to 2022, the average annual rate of growth in terms of value to Panama totaled -9.5%.

Export Prices by Country

The average jacks and hoists export price stood at $X per unit in 2022, growing by 4.7% against the previous year. Overall, the export price, however, faced a deep setback. The pace of growth appeared the most rapid in 2020 an increase of 174% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Panama amounted to -3.0% per year.

Jacks And Hoists Imports

Imports into Venezuela

After two years of growth, supplies from abroad of jacks and hoists for raising vehicles decreased by -13.4% to X units in 2022. In general, imports showed a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 271%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, jacks and hoists imports shrank to $X in 2022. Overall, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 480% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X units), South Korea (X units) and China (X units) were the main suppliers of jacks and hoists imports to Venezuela, with a combined 67% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +40.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest jacks and hoists suppliers to Venezuela were Taiwan (Chinese) ($X), South Korea ($X) and China ($X), with a combined 63% share of total imports.

South Korea, with a CAGR of +42.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average jacks and hoists import price stood at $X per unit in 2022, with an increase of 5% against the previous year. Over the period under review, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 131%. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.6%), 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 jacks and hoists for raising vehicles in the world?

The country with the largest volume of jacks and hoists consumption was the United States, comprising approx. 26% of total volume. Moreover, jacks and hoists consumption in the United States exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by Canada, with an 8% share.

What are the largest producers of jacks and hoists for raising vehicles in the world?

China constituted the country with the largest volume of jacks and hoists production, comprising approx. 56% of total volume. Moreover, jacks and hoists production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The third position in this ranking was occupied by Canada, with a 6.6% share.

What are the leading suppliers of jacks and hoists for raising vehicles to Venezuela?

In value terms, Taiwan Chinese), Italy and Panama constituted the largest jacks and hoists suppliers to Venezuela, with a combined 67% share of total imports. These countries were followed by Australia, the United States and the Netherlands, which together accounted for a further 6.4%.

What are the leading importers of jacks and hoists for raising vehicles from Venezuela?

In value terms, Panama $196) remains the key foreign market for jacks and hoists exports from Venezuela.

What is the average export price for jacks and hoists for raising vehicles in Venezuela?

The average jacks and hoists export price stood at $18 per unit in 2021, reducing by -3.9% against the previous year.

What is the average import price for jacks and hoists for raising vehicles in Venezuela?

In 2021, the average jacks and hoists import price amounted to $23 per unit, with a decrease of -12.3% against the previous year.

This report provides an in-depth analysis of the jacks and hoists 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 28221370 - Jacks and hoists of a kind used for raising vehicles (excluding built-in jacking systems of a kind used in garages, hydraulic jacks and hoists)

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