Venezuela: Signal Generator Market 2025

Signal Generator Market Size in Venezuela

In 2021, the Venezuelan signal generator market increased by 21% to $X, rising for the sixth consecutive year after three years of decline. Overall, consumption, however, continues to indicate a perceptible slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Signal Generator Exports

Exports from Venezuela

In 2021, overseas shipments of signal generators decreased by -35.5% to X units, falling for the fourth year in a row after two years of growth. Over the period under review, exports faced a significant curtailment. The pace of growth was the most pronounced in 2016 when exports increased by 1,206% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, signal generator exports totaled $X in 2021. Overall, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2016 when exports increased by 593%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X units) was the main destination for signal generator exports from Venezuela, with a 73% share of total exports. Moreover, signal generator exports to Colombia exceeded the volume sent to the second major destination, Germany (X units), fourfold. The United States (X units) ranked third in terms of total exports with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Colombia stood at -31.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-24.8% per year) and the United States (-45.8% per year).

In value terms, Colombia ($X) remains the key foreign market for signal generators exports from Venezuela, comprising 74% of total exports. The second position in the ranking was held by Germany ($X), with a 20% share of total exports. It was followed by the United States, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Colombia totaled -19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-10.3% per year) and the United States (-31.6% per year).

Export Prices by Country

The average signal generator export price stood at $X per unit in 2021, jumping by 53% against the previous year. Overall, the export price saw a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 239%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Spain ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

Signal Generator Imports

Imports into Venezuela

In 2021, overseas purchases of signal generators increased by 39% to X units, rising for the seventh year in a row after two years of decline. Overall, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 494% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, signal generator imports skyrocketed to $X in 2021. In general, imports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 653% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Panama (X units), Taiwan (Chinese) (X units) and Italy (X units) were the main suppliers of signal generator imports to Venezuela, with a combined 59% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +32.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Panama ($X) constituted the largest supplier of signal generators to Venezuela, comprising 30% of total imports. The second position in the ranking was taken by the United States ($X), with an 11% share of total imports. It was followed by France, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value from Panama amounted to +28.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-19.8% per year) and France (+19.5% per year).

Import Prices by Country

The average signal generator import price stood at $X per unit in 2021, waning by -16.8% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 38%. Over the period under review, average import prices reached the maximum at $X per unit in 2020, and then contracted markedly in the following year.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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