Report Update Nov 1, 2024

Venezuela - Machines for Electroplating, Electrolysis or Electrophoresis - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Electroplating Machine Market 2024

Electroplating Machine Market Size in Venezuela

The Venezuelan electroplating machine market declined markedly to $X in 2021, with a decrease of -73.5% 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). In general, consumption saw a abrupt downturn. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Electroplating Machine Exports

Exports from Venezuela

In 2018, the amount of machines for electroplating, electrolysis or electrophoresis exported from Venezuela amounted to X units, almost unchanged from 2017. In general, exports recorded a slight descent. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2018, the exports remained at a lower figure.

In value terms, electroplating machine exports stood at $X in 2018. Overall, exports recorded a abrupt contraction. The smallest decline of 99.9% was in 2017. The exports peaked at $X in 2016; however, from 2017 to 2018, the exports remained at a lower figure.

Exports by Country

Panama (X units) and Chile (X units) were the main destinations of electroplating machine exports from Venezuela.

From 2012 to 2018, the biggest increases were in Chile (with a CAGR of 0.0%).

From 2012 to 2018, the average annual growth rate of value to Panama was relatively modest.

Export Prices by Country

The average electroplating machine export price stood at $X per unit in 2018, remaining relatively unchanged against the previous year. Overall, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2017 a decrease of 99.9%. The export price peaked at $X per unit in 2016; however, from 2017 to 2018, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2018, the country with the highest price was Panama ($X per unit), while the average price for exports to Chile amounted to $X per unit.

From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Chile (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electroplating Machine Imports

Imports into Venezuela

In 2021, approx. X units of machines for electroplating, electrolysis or electrophoresis were imported into Venezuela; with a decrease of -74.4% against the previous year. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2013 when imports increased by 1,265%. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, electroplating machine imports declined rapidly to $X in 2021. Overall, imports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2015 with an increase of 1,552%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest electroplating machine supplier to Venezuela, accounting for a 65% share of total imports. Moreover, electroplating machine imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. China (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +55.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+48.0% per year) and China (-5.3% per year).

In value terms, China ($X) constituted the largest supplier of electroplating machine to Venezuela, comprising 55% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by the United States, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+49.0% per year) and the United States (+0.2% per year).

Import Prices by Country

In 2021, the average electroplating machine import price amounted to $X per unit, rising by 37% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+19.2%), 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 machines for electroplating, electrolysis or electrophoresis in the world?

The countries with the highest volumes of in 2021 were Indonesia, South Africa and Estonia, with a combined 39% share of global consumption. These countries were followed by the United States, Japan, Thailand, Somalia, Taiwan Chinese), Malaysia, Myanmar, South Korea, Vietnam and France, which together accounted for a further 42%.

What are the largest producers of machines for electroplating, electrolysis or electrophoresis in the world?

China constituted the country with the largest volume of electroplating machine production, comprising approx. 29% of total volume. Moreover, electroplating machine production in China exceeded the figures recorded by the second-largest producer, Estonia, twofold. The third position in this ranking was occupied by Japan, with an 11% share.

What are the leading suppliers of machines for electroplating, electrolysis or electrophoresis to Venezuela?

In value terms, Germany, China and Italy constituted the largest electroplating machine suppliers to Venezuela, with a combined 87% share of total imports.

What is the average export price for machines for electroplating, electrolysis or electrophoresis in Venezuela?

In 2018, the average electroplating machine export price amounted to $504 per unit, remaining constant against the previous year.

What is the average import price for machines for electroplating, electrolysis or electrophoresis in Venezuela?

In 2021, the average electroplating machine import price amounted to $102 per unit, shrinking by -19.9% against the previous year.

This report provides an in-depth analysis of the electroplating 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 28491283 - Machines and apparatus for electroplating, electrolysis or electrophoresis

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