Report Update Nov 1, 2024

Venezuela - Machines for Deburring or Polishing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Venezuela

The Venezuelan metal deburring machine market shrank to $X in 2021, with a decrease of -13.6% 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 continues to indicate a precipitous curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Metal Deburring Machine Exports

Exports from Venezuela

In 2021, the amount of machines for deburring or polishing metal exported from Venezuela amounted to X units, approximately mirroring the previous year. Over the period under review, exports recorded a significant decline. The growth pace was the most rapid in 2015 with an increase of 886% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal deburring machine exports shrank to $X in 2021. Overall, exports recorded a sharp downturn. The pace of growth was the most pronounced in 2015 with an increase of 861% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

From 2012 to 2021, the average annual growth rate of volume to No country was relatively modest.

In value terms, Ecuador ($X) remains the key foreign market for machines for deburring or polishing metal exports from Venezuela, comprising 78% of total exports. The second position in the ranking was held by Saint Vincent and the Grenadines ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Ecuador totaled -32.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Vincent and the Grenadines (-38.1% per year) and Costa Rica (-51.0% per year).

Export Prices by Country

In 2021, the average metal deburring machine export price amounted to $X per unit, shrinking by -28.7% against the previous year. Overall, the export price saw a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 120% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Costa Rica ($X per unit), while the average price for exports to Saint Vincent and the Grenadines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+24.1%), while the prices for the other major destinations experienced a decline.

Metal Deburring Machine Imports

Imports into Venezuela

In 2021, imports of machines for deburring or polishing metal into Venezuela shrank to X units, waning by -4.1% compared with the previous year's figure. In general, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2015 with an increase of 130% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, metal deburring machine imports fell dramatically to $X in 2021. Over the period under review, imports saw a sharp contraction. The pace of growth appeared the most rapid in 2015 when imports increased by 44% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), Russia (X units) and Mexico (X units) were the main suppliers of metal deburring machine imports to Venezuela, with a combined 95% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +27.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Russia ($X), Spain ($X) and Mexico ($X) appeared to be the largest metal deburring machine suppliers to Venezuela, with a combined 87% share of total imports.

Spain, with a CAGR of +4.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average metal deburring machine import price stood at $X per unit in 2021, waning by -26.6% against the previous year. Overall, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2014 when the average import price increased by 20% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+13.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for deburring or polishing metal in the world?

China constituted the country with the largest volume of metal deburring machine consumption, comprising approx. 55% of total volume. Moreover, metal deburring machine consumption in China exceeded the figures recorded by the second-largest consumer, India, ninefold. The third position in this ranking was occupied by Japan, with a 3.7% share.

What are the largest producers of machines for deburring or polishing metal in the world?

The country with the largest volume of metal deburring machine production was China, comprising approx. 69% of total volume. Moreover, metal deburring machine production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was occupied by Japan, with a 4.2% share.

What are the leading suppliers of machines for deburring or polishing metal to Venezuela?

In value terms, Spain constituted the largest supplier of metal deburring machine to Venezuela, comprising 51% of total imports. The second position in the ranking was occupied by the United States, with a 20% share of total imports. It was followed by Argentina, with a 5.8% share.

What are the leading importers of machines for deburring or polishing metal from Venezuela?

In value terms, Ecuador remains the key foreign market for metal deburring machine exports from Venezuela, comprising 74% of total exports. The second position in the ranking was occupied by Saint Vincent and the Grenadines, with a 23% share of total exports.

What is the average export price for machines for deburring or polishing metal in Venezuela?

The average metal deburring machine export price stood at $3,158 per unit in 2020, remaining constant against the previous year.

What is the average import price for machines for deburring or polishing metal in Venezuela?

In 2020, the average metal deburring machine import price amounted to $412 per unit, approximately reflecting the previous year.

This report provides an in-depth analysis of the metal deburring machine 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 28412395 - Machines for deburring or polishing metal (excluding gear finishing machines)

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