Report Update Feb 1, 2025

Venezuela - Parts for Electric Filament or Discharge Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Parts For Electric Filament Or Discharge Lamps 2025

Market Size for Parts For Electric Filament Or Discharge Lamps in Venezuela

In 2021, the Venezuelan electric filament lamp parts market increased by 181% to $X, rising for the third year in a row after five years of decline. Overall, consumption continues to indicate tangible growth. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Exports of Parts For Electric Filament Or Discharge Lamps

Exports from Venezuela

In 2021, the amount of parts for electric filament or discharge lamps exported from Venezuela skyrocketed to X kg, with an increase of 87% on 2020. Overall, exports enjoyed temperate growth. The pace of growth appeared the most rapid in 2013 when exports increased by 93% against the previous year. As a result, the exports attained the peak of X kg. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, electric filament lamp parts exports surged to $X in 2021. In general, exports posted strong growth. The growth pace was the most rapid in 2013 when exports increased by 225% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Indonesia (X kg) was the main destination for electric filament lamp parts exports from Venezuela, accounting for a 64% share of total exports. Moreover, electric filament lamp parts exports to Indonesia exceeded the volume sent to the second major destination, Aruba (X kg), threefold. The third position in this ranking was held by Panama (X kg), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Indonesia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (+17.7% per year) and Panama (-12.5% per year).

In value terms, Indonesia ($X) emerged as the key foreign market for electric filament lamp parts exports from Venezuela, comprising 56% of total exports. The second position in the ranking was held by Panama ($X), with a 22% share of total exports. It was followed by Aruba, with a 22% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-7.2% per year) and Aruba (+14.8% per year).

Export Prices by Country

The average electric filament lamp parts export price stood at $X per ton in 2021, picking up by 4.6% against the previous year. Overall, the export price recorded pronounced growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 69%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Panama ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+6.1%), while the prices for the other major destinations experienced a decline.

Imports of Parts For Electric Filament Or Discharge Lamps

Imports into Venezuela

For the third year in a row, Venezuela recorded growth in supplies from abroad of parts for electric filament or discharge lamps, which increased by 188% to X tons in 2021. Over the period under review, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of 1,414%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, electric filament lamp parts imports soared to $X in 2021. Overall, imports, however, faced a precipitous slump. The pace of growth was the most pronounced in 2013 with an increase of 311% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Vietnam (X tons) was the main electric filament lamp parts supplier to Venezuela, with a 99% share of total imports. It was followed by China (X tons), with a 0.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Vietnam amounted to +28.3%.

In value terms, Vietnam ($X) constituted the largest supplier of electric filament lamp parts to Venezuela, comprising 99% of total imports. The second position in the ranking was taken by China ($X), with a 0.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Vietnam stood at -20.9%.

Import Prices by Country

In 2021, the average electric filament lamp parts import price amounted to $X per ton, reducing by -49.1% against the previous year. Overall, the import price continues to indicate a precipitous slump. The pace of growth appeared the most rapid in 2014 an increase of 101% against the previous year. The import price peaked at $X per ton 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 Vietnam ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-26.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for parts for electric filament or discharge lamps in the world?

The countries with the highest volumes of in 2021 were India, Pakistan and the United States, with a combined 41% share of global consumption.

What are the largest producers of parts for electric filament or discharge lamps in the world?

China remains the largest electric filament lamp parts producing country worldwide, accounting for 75% of total volume. Moreover, electric filament lamp parts production in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. Japan ranked third in terms of total production with a 2.5% share.

What are the leading suppliers of parts for electric filament or discharge lamps to Venezuela?

In value terms, Vietnam constituted the largest supplier of electric filament lamp parts to Venezuela.

What are the leading importers of parts for electric filament or discharge lamps from Venezuela?

In value terms, the largest markets for electric filament lamp parts exported from Venezuela were Panama $44), Aruba $22) and the United States $1). Moreover, electric filament lamp parts exports in Panama exceeded the figures recorded by the second-largest exporter, Aruba, twofold.

What is the average export price for parts for electric filament or discharge lamps in Venezuela?

In 2021, the average electric filament lamp parts export price amounted to $6,551 per ton, growing by 8.4% against the previous year.

What is the average import price for parts for electric filament or discharge lamps in Venezuela?

In 2021, the average electric filament lamp parts import price amounted to $904 per ton, which is down by -16.3% against the previous year.

This report provides an in-depth analysis of the market for electric filament lamp parts 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 27404100 - Parts for electric filament or discharge lamps (including sealed beam lamp units, ultraviolet or infrared lamps, arc lamps)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024