Report Venezuela - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

Venezuela - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Fats Preparation Machinery Market 2024

Fats Preparation Machinery Market Size in Venezuela

The Venezuelan fats preparation machinery market shrank modestly to $X in 2022, approximately reflecting the previous year. Over the period under review, consumption, however, recorded a deep downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Fats Preparation Machinery Production in Venezuela

In value terms, fats preparation machinery production reduced to $X in 2022 estimated in export price. Overall, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 52%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Fats Preparation Machinery Exports

Exports from Venezuela

In 2021, the amount of machinery for the extraction or preparation of animal or fixed vegetable fats or oils exported from Venezuela was estimated at less than X units, therefore, remained relatively stable against the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2016. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, fats preparation machinery exports amounted to $X in 2021. Overall, exports saw a temperate increase. The smallest decline of -82.8% was in 2016. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Fats Preparation Machinery Imports

Imports into Venezuela

In 2022, imports of machinery for the extraction or preparation of animal or fixed vegetable fats or oils into Venezuela stood at X units, remaining constant against the previous year's figure. Over the period under review, imports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2015 with an increase of 186%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, fats preparation machinery imports rose slightly to $X in 2022. Overall, imports showed a sharp setback. The pace of growth appeared the most rapid in 2019 with an increase of 751% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Argentina (X units) constituted the largest fats preparation machinery supplier to Venezuela, accounting for a 52% share of total imports. Moreover, fats preparation machinery imports from Argentina exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. The United States (X units) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume from Argentina totaled -21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-29.5% per year) and the United States (-23.2% per year).

In value terms, Argentina ($X) constituted the largest supplier of machinery for the extraction or preparation of animal or fixed vegetable fats or oils to Venezuela, comprising 98% of total imports. The second position in the ranking was held by the United States ($X), with a 0.7% share of total imports. It was followed by China, with a 0.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina amounted to -17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-42.3% per year) and China (-27.2% per year).

Import Prices by Country

In 2022, the average fats preparation machinery import price amounted to $X per unit, picking up by 4.8% against the previous year. Overall, the import price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2019 an increase of 343%. The import price peaked at $X per unit in 2014; however, from 2015 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 Argentina ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+4.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machinery for the extraction or preparation of animal or fixed vegetable fats or oils in the world?

The countries with the highest volumes of in 2021 were China, Indonesia and the United States, with a combined 40% share of global consumption. These countries were followed by India, Italy, Japan, Germany, Pakistan, Brazil, France, Morocco, the UK and Mexico, which together accounted for a further 33%.

What are the largest producers of machinery for the extraction or preparation of animal or fixed vegetable fats or oils in the world?

The country with the largest volume of fats preparation machinery production was China, comprising approx. 22% of total volume. Moreover, fats preparation machinery production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 10% share.

What are the leading suppliers of machinery for the extraction or preparation of animal or fixed vegetable fats or oils to Venezuela?

In value terms, India, the United States and Brazil constituted the largest fats preparation machinery suppliers to Venezuela, together accounting for 48% of total imports.

What is the average export price for machinery for the extraction or preparation of animal or fixed vegetable fats or oils in Venezuela?

In 2019, the average fats preparation machinery export price amounted to $206 per unit, leveling off at the previous year.

What is the average import price for machinery for the extraction or preparation of animal or fixed vegetable fats or oils in Venezuela?

In 2021, the average fats preparation machinery import price amounted to $8,112 per unit, with a decrease of -26.8% against the previous year.

This report provides an in-depth analysis of the fats preparation machinery 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 28931780 - Machinery for the extraction or preparation of animal or fixed vegetable fats or oils

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