Report Update Nov 1, 2024

Venezuela - Pneumatic Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Pneumatic Elevator Market 2024

Pneumatic Elevator Market Size in Venezuela

The Venezuelan pneumatic elevator market was finally on the rise to reach $X in 2022, after seven years of decline. Over the period under review, consumption, however, showed a abrupt downturn. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Pneumatic Elevator Exports

Exports from Venezuela

In 2022, shipments abroad of pneumatic elevators and conveyors decreased by 0% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by 67%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, pneumatic elevator exports amounted to $X in 2022. Overall, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 83%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The Dominican Republic (X units) was the main destination for pneumatic elevator exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Dominican Republic stood at +11.6%.

In value terms, the Dominican Republic ($X) also remains the key foreign market for pneumatic elevators and conveyors exports from Venezuela.

From 2012 to 2022, the average annual growth rate of value to the Dominican Republic amounted to +13.6%.

Export Prices by Country

In 2022, the average pneumatic elevator export price amounted to $X per unit, stabilizing at the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pneumatic elevator export price decreased by -16.6% against 2019 indices. The growth pace was the most rapid in 2019 when the average export price increased by 18%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +29.1% per year.

Pneumatic Elevator Imports

Imports into Venezuela

Pneumatic elevator imports into Venezuela was estimated at X units in 2022, therefore, remained relatively stable against 2021. Overall, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 348%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, pneumatic elevator imports expanded slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 83% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest pneumatic elevator supplier to Venezuela, with a 62% share of total imports. Moreover, pneumatic elevator imports from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X units), fourfold. France (X units) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+13.0% per year) and France (+14.1% per year).

In value terms, Germany ($X) constituted the largest supplier of pneumatic elevators and conveyors to Venezuela, comprising 60% of total imports. The second position in the ranking was taken by Denmark ($X), with a 13% share of total imports. It was followed by Mexico, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+6.5% per year) and Mexico (+35.3% per year).

Import Prices by Country

In 2022, the average pneumatic elevator import price amounted to $X per unit, growing by 1.9% against the previous year. Overall, the import price, however, continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 48% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pneumatic elevators and conveyors in the world?

The countries with the highest volumes of in 2021 were China, the United States and South Africa, together accounting for 36% of global consumption. These countries were followed by India, Spain, Japan, Germany, Brazil, Italy, the UK, Mexico, South Korea and Saudi Arabia, which together accounted for a further 38%.

What are the largest producers of pneumatic elevators and conveyors in the world?

The countries with the highest volumes of in 2021 were China, India and the United States, together comprising 45% of global production. Spain, Germany, Japan, Brazil, Italy, the UK, Mexico, South Korea, Saudi Arabia and Canada lagged somewhat behind, together comprising a further 34%.

What are the leading suppliers of pneumatic elevators and conveyors to Venezuela?

In value terms, Mexico constituted the largest supplier of pneumatic elevator to Venezuela, comprising 23% of total imports. The second position in the ranking was occupied by Sweden, with a 3.3% share of total imports.

What are the leading importers of pneumatic elevators and conveyors from Venezuela?

In value terms, the Dominican Republic $566) remains the key foreign market for pneumatic elevator exports from Venezuela.

What is the average export price for pneumatic elevators and conveyors in Venezuela?

In 2018, the average pneumatic elevator export price amounted to $280 per unit, declining by -99.1% against the previous year.

What is the average import price for pneumatic elevators and conveyors in Venezuela?

The average pneumatic elevator import price stood at $17,007 per unit in 2021, approximately equating the previous year.

This report provides an in-depth analysis of the pneumatic elevator 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 28221740 - Pneumatic elevators and conveyors

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