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Report Venezuela - Plastic Parts for Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Venezuela - Plastic Parts for Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Lamp Plastic Parts Market 2024

Lamp Plastic Parts Market Size in Venezuela

In 2021, the Venezuelan lamp plastic parts market increased by 56% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption, however, showed a deep reduction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Lamp Plastic Parts Exports

Exports from Venezuela

In 2021, shipments abroad of plastic parts for lamps and lighting fittings decreased by 0% to X kg, falling for the second consecutive year after two years of decline. In general, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2013 with an increase of 40% against the previous year. Over the period under review, the exports reached the peak figure at X kg in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, lamp plastic parts exports amounted to $X in 2021. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by 8.1% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Costa Rica (X kg) was the main destination for lamp plastic parts exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Costa Rica amounted to -9.7%.

In value terms, Costa Rica ($X) also remains the key foreign market for plastic parts for lamps and lighting fittings exports from Venezuela.

From 2012 to 2021, the average annual growth rate of value to Costa Rica stood at -7.4%.

Export Prices by Country

In 2021, the average lamp plastic parts export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price enjoyed perceptible growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 51%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2012 to 2021, the rate of growth in terms of prices for Costa Rica amounted to +2.5% per year.

Lamp Plastic Parts Imports

Imports into Venezuela

In 2021, approx. X tons of plastic parts for lamps and lighting fittings were imported into Venezuela; picking up by 59% on 2020 figures. Overall, imports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2019 with an increase of 235%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, lamp plastic parts imports surged to $X in 2021. In general, imports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 268%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest lamp plastic parts supplier to Venezuela, with a 89% share of total imports. Moreover, lamp plastic parts imports from China exceeded the figures recorded by the second-largest supplier, Argentina (X tons), more than tenfold. Vietnam (X tons) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-11.2% per year) and Vietnam (-34.3% per year).

In value terms, China ($X) constituted the largest supplier of plastic parts for lamps and lighting fittings to Venezuela, comprising 78% of total imports. The second position in the ranking was held by the United States ($X), with a 7.6% share of total imports. It was followed by Argentina, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-8.8% per year) and Argentina (-8.5% per year).

Import Prices by Country

In 2021, the average lamp plastic parts import price amounted to $X per ton, with a decrease of -3.5% against the previous year. Over the period under review, the import price, however, showed perceptible growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 61% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

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 ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of lamp plastic parts consumption in 2020 were China, the United States and Japan, with a combined 58% share of global consumption.
China constituted the country with the largest volume of lamp plastic parts production, accounting for 51% of total volume. Moreover, lamp plastic parts production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Japan, with a 5.6% share.
In value terms, China constituted the largest supplier of lamp plastic parts to Venezuela, comprising 66% of total imports. The second position in the ranking was occupied by Argentina, with a 7.9% share of total imports.
In value terms, Costa Rica $37) remains the key foreign market for lamp plastic parts exports from Venezuela.
In 2020, the average lamp plastic parts export price amounted to $4,111 per ton, approximately mirroring the previous year.
The average lamp plastic parts import price stood at $9,234 per ton in 2020, which is down by -9.3% against the previous year.

This report provides an in-depth analysis of the lamp plastic parts 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 22292400 - Plastic parts for lamps, lighting fittings and illuminated signs and name-plates

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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