Report Update Nov 1, 2024

Venezuela - Washing, Bleaching or Dyeing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Laundry Machine Market 2024

Laundry Machine Market Size in Venezuela

For the third consecutive year, the Venezuelan laundry machine market recorded decline in sales value, which decreased by -64.7% to $X in 2021. Overall, consumption continues to indicate a dramatic downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Laundry Machine Production in Venezuela

In value terms, laundry machine production stood at $X in 2021 estimated in export price. In general, production posted prominent growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 36%. Laundry machine production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Laundry Machine Exports

Exports from Venezuela

In 2021, overseas shipments of washing, bleaching or dyeing machines increased by 20% to X units, rising for the fifth consecutive year after four years of decline. Over the period under review, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 52% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, laundry machine exports skyrocketed to $X in 2021. Overall, exports posted a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by 53%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Colombia (X units) was the main destination for laundry machine exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Colombia totaled -5.9%.

In value terms, Colombia ($X) also remains the key foreign market for washing, bleaching or dyeing machines exports from Venezuela.

From 2012 to 2021, the average annual rate of growth in terms of value to Colombia totaled +14.0%.

Export Prices by Country

The average laundry machine export price stood at $X per unit in 2021, approximately reflecting the previous year. Over the period under review, the export price showed a significant increase. The growth pace was the most rapid in 2016 when the average export price increased by 96% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, 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 Colombia.

From 2012 to 2021, the rate of growth in terms of prices for Colombia amounted to +21.1% per year.

Laundry Machine Imports

Imports into Venezuela

In 2021, approx. X units of washing, bleaching or dyeing machines were imported into Venezuela; declining by -68.6% compared with 2020 figures. In general, imports showed a sharp setback. The most prominent rate of growth was recorded in 2018 when imports increased by 412%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, laundry machine imports dropped remarkably to $X in 2021. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 224% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) constituted the largest laundry machine supplier to Venezuela, accounting for a 69% share of total imports. Moreover, laundry machine imports from the United States exceeded the figures recorded by the second-largest supplier, Brazil (X units), more than tenfold. The third position in this ranking was held by Germany (X units), with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at -55.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-40.1% per year) and Germany (-48.9% per year).

In value terms, Italy ($X) constituted the largest supplier of washing, bleaching or dyeing machines to Venezuela, comprising 56% of total imports. The second position in the ranking was taken by the United States ($X), with a 19% share of total imports. It was followed by Germany, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled -28.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-46.6% per year) and Germany (-44.8% per year).

Import Prices by Country

In 2021, the average laundry machine import price amounted to $X per unit, jumping by 118% against the previous year. Overall, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Panama ($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 (+20.6%), 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 washing, bleaching or dyeing machines in the world?

The countries with the highest volumes of laundry machine consumption in 2020 were Taiwan Chinese), Italy and Indonesia, together accounting for 34% of global consumption. These countries were followed by Vietnam, Uzbekistan, Iran, Japan, Switzerland, Greece, South Korea, Germany, Bangladesh and Turkey, which together accounted for a further 38%.

What are the largest producers of washing, bleaching or dyeing machines in the world?

The countries with the highest volumes of laundry machine production in 2020 were Taiwan Chinese), China and Italy, with a combined 57% share of global production. Turkey, Germany, South Korea and Greece lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of washing, bleaching or dyeing machines to Venezuela?

In value terms, Italy constituted the largest supplier of laundry machine to Venezuela, comprising 71% of total imports. The second position in the ranking was occupied by Germany, with an 11% share of total imports. It was followed by Spain, with a 10% share.

What are the leading importers of washing, bleaching or dyeing machines from Venezuela?

In value terms, Colombia remains the key foreign market for laundry machine exports from Venezuela.

What is the average export price for washing, bleaching or dyeing machines in Venezuela?

In 2020, the average laundry machine export price amounted to $555 per unit, with an increase of 6.7% against the previous year.

What is the average import price for washing, bleaching or dyeing machines in Venezuela?

The average laundry machine import price stood at $437 per unit in 2020, leveling off at the previous year.

This report provides an in-depth analysis of the laundry machine 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 28942150 - Washing, bleaching or dyeing machines (including wringers and mangles, shaker-tumblers, excluding household or laundry-type washing machines)

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