Venezuela: Monitors And Projectors Market 2025

Monitors And Projectors Market Size in Venezuela

In 2022, after nine years of decline, there was growth in the Venezuelan monitors and projectors market, when its value increased by 3.8% to $X. Over the period under review, consumption, however, continues to indicate a precipitous contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Monitors And Projectors Exports

Exports from Venezuela

In 2022, exports of monitors and projectors from Venezuela totaled X units, remaining stable against the previous year. Overall, exports showed a drastic downturn. The growth pace was the most rapid in 2013 when exports increased by 46%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, monitors and projectors exports reduced slightly to $X in 2022. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2013 with an increase of 61% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X units) was the main destination for monitors and projectors exports from Venezuela, with a 36% share of total exports. Moreover, monitors and projectors exports to Belgium exceeded the volume sent to the second major destination, Mexico (X units), threefold. The third position in this ranking was held by the United States (X units), with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+7.2% per year) and the United States (-24.2% per year).

In value terms, Belgium ($X) remains the key foreign market for monitors and projectors exports from Venezuela, comprising 61% of total exports. The second position in the ranking was held by Mexico ($X), with a 24% share of total exports. It was followed by the United States, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium amounted to +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+25.0% per year) and the United States (-26.8% per year).

Export Prices by Country

The average monitors and projectors export price stood at $X per unit in 2022, shrinking by -1.6% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monitors and projectors export price decreased by -5.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 63% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Ecuador ($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 Mexico (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Monitors And Projectors Imports

Imports into Venezuela

In 2022, after nine years of decline, there was significant growth in supplies from abroad of monitors and projectors, when their volume increased by 11% to X units. In general, imports, however, saw a sharp downturn. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, monitors and projectors imports shrank to $X in 2022. Overall, imports, however, continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 0.3% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Hong Kong SAR (X units), the United States (X units) and Colombia (X units) were the main suppliers of monitors and projectors imports to Venezuela, together comprising 75% of total imports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of +47.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Singapore ($X) and Hong Kong SAR ($X) appeared to be the largest monitors and projectors suppliers to Venezuela, together comprising 81% of total imports.

Singapore, with a CAGR of +40.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average monitors and projectors import price stood at $X per unit in 2022, declining by -10.3% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 129%. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then dropped in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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