Report Update Nov 1, 2024

Venezuela - Self-Propelled Bulldozers (360° Rotation) - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Full-Rotation Excavator Market 2024

Full-Rotation Excavator Market Size in Venezuela

In 2021, the Venezuelan full-rotation excavator market increased by 286% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, saw a sharp contraction. Full-rotation excavator consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Full-Rotation Excavator Exports

Exports from Venezuela

Full-rotation excavator exports from Venezuela fell remarkably to X units in 2019, which is down by -28.6% against the previous year's figure. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2017 with an increase of 600%. The exports peaked at X units in 2018, and then declined sharply in the following year.

In value terms, full-rotation excavator exports declined dramatically to $X in 2019. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 1,814% against the previous year. The exports peaked at $X in 2018, and then dropped notably in the following year.

Exports by Country

Indonesia (X units) was the main destination for full-rotation excavator exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Indonesia totaled +123.6%.

In value terms, Indonesia ($X) also remains the key foreign market for self-propelled full-rotation excavators and bulldozers exports from Venezuela.

From 2012 to 2019, the average annual rate of growth in terms of value to Indonesia stood at +265.0%.

Export Prices by Country

In 2019, the average full-rotation excavator export price amounted to $X per unit, rising by 7.9% against the previous year. Over the period under review, the export price showed a resilient increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 232%. The export price peaked in 2019 and is expected to retain growth in years to come.

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

From 2012 to 2019, the rate of growth in terms of prices for Costa Rica amounted to +151.4% per year.

Full-Rotation Excavator Imports

Imports into Venezuela

In 2021, purchases abroad of self-propelled full-rotation excavators and bulldozers was finally on the rise to reach X units after four years of decline. Over the period under review, imports, however, continue to indicate a dramatic slump. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, full-rotation excavator imports soared to $X in 2021. In general, imports, however, showed a precipitous decrease. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X units), Spain (X units) and Indonesia (X units) were the main suppliers of full-rotation excavator imports to Venezuela, with a combined 38% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +13.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest full-rotation excavator suppliers to Venezuela were Spain ($X), China ($X) and Germany ($X), together accounting for 50% of total imports. These countries were followed by South Korea, Austria, India, Indonesia, the United States, Brazil, Japan, Panama and the Netherlands, which together accounted for a further 43%.

Austria, with a CAGR of +300.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average full-rotation excavator import price stood at $X per unit in 2021, which is down by -9.7% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, full-rotation excavator import price increased by +89.6% against 2017 indices. The pace of growth was the most pronounced in 2020 an increase of 63% against the previous year. As a result, import price attained the peak level of $X per unit, and then shrank in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+36.9%), 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 self-propelled full-rotation excavators and bulldozers in the world?

The countries with the highest volumes of full-rotation excavator consumption in 2021 were South Korea, the United States and the Netherlands, together comprising 28% of global consumption.

What are the largest producers of self-propelled full-rotation excavators and bulldozers in the world?

The countries with the highest volumes of full-rotation excavator production in 2021 were Japan, South Korea and Belgium, with a combined 74% share of global production. These countries were followed by China, the Netherlands, Austria and Thailand, which together accounted for a further 17%.

What are the leading suppliers of self-propelled full-rotation excavators and bulldozers to Venezuela?

In value terms, the United States constituted the largest supplier of full-rotation excavator to Venezuela, comprising 44% of total imports. The second position in the ranking was occupied by Spain, with a 13% share of total imports. It was followed by China, with a 10% share.

What are the leading importers of self-propelled full-rotation excavators and bulldozers from Venezuela?

In value terms, Indonesia remains the key foreign market for full-rotation excavator exports from Venezuela.

What is the average export price for self-propelled full-rotation excavators and bulldozers in Venezuela?

The average full-rotation excavator export price stood at $35,946 per unit in 2021, dropping by -23.4% against the previous year.

What is the average import price for self-propelled full-rotation excavators and bulldozers in Venezuela?

In 2021, the average full-rotation excavator import price amounted to $35,679 per unit, with a decrease of -32% against the previous year.

This report provides an in-depth analysis of the full-rotation excavator 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 28922600 - Self-propelled bulldozers... with a .360

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