Venezuela - Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectrical Insulator Price in Venezuela - 2022
Contents:
- Electrical Insulator Price in Venezuela (CIF) - 2022
- Electrical Insulator Price in Venezuela (FOB) - 2022
- Electrical Insulator Imports in Venezuela
- Electrical Insulator Exports in Venezuela
Electrical Insulator Price in Venezuela (CIF) - 2022
In 2022, the average electrical insulator import price amounted to $0.2 per unit, which is down by -14% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 33% against the previous year. Over the period under review, average import prices reached the peak figure at $0.6 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1.1 per unit), while the price for Argentina (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-10.3%), while the prices for the other major suppliers experienced a decline.
Electrical Insulator Price in Venezuela (FOB) - 2022
The average electrical insulator export price stood at $0.1 per unit in 2022, rising by 1.7% against the previous year. Overall, the export price, however, recorded a deep slump. The pace of growth was the most pronounced in 2015 when the average export price increased by 9.9% against the previous year. The export price peaked at $0.3 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -10.0% per year.
Electrical Insulator Imports in Venezuela
In 2022, after two years of decline, there was significant growth in purchases abroad of electrical insulators, when their volume increased by 69% to 723K units. Over the period under review, imports, however, recorded a abrupt setback. Imports peaked at 1.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electrical insulator imports surged to $175K in 2022. In general, imports, however, faced a sharp setback. Imports peaked at $607K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electrical Insulator in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 416 | 219 | 92.9 | 136 | -31.1% |
| Switzerland | 66.6 | 34.8 | 14.7 | 21.3 | -31.6% |
| Panama | 35.7 | 12.3 | 3.2 | 4.0 | -51.8% |
| China | 26.4 | 12.0 | 1.4 | 2.7 | -53.2% |
| United States | 13.4 | 4.1 | 0.8 | 1.5 | -51.8% |
| Colombia | 3.7 | 1.6 | 0.6 | 1.3 | -29.4% |
| South Africa | 3.8 | 1.6 | 0.6 | 0.7 | -43.1% |
| Hong Kong SAR | 1.3 | 0.6 | 0.2 | 0.3 | -38.7% |
| Others | 39.4 | 17.2 | 6.3 | 7.8 | -41.7% |
| Total | 607 | 303 | 121 | 175 | -33.9% |
Top Suppliers of Electrical Insulator to Venezuela in 2022:
- Switzerland (388.2K units)
- Spain (128.2K units)
- China (63.1K units)
- Panama (48.1K units)
- South Africa (20.0K units)
- Colombia (20.0K units)
- Hong Kong SAR (19.1K units)
- United States (12.2K units)
Electrical Insulator Exports in Venezuela
Electrical insulator exports from Venezuela soared to 460K units in 2022, jumping by 31% against the previous year. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical insulator exports surged to $29K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electrical Insulator in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 18.7 | 20.5 | 16.9 | 29.1 | 15.9% |
| Others | 1.2 | 0.6 | 5.3 | 0.4 | -30.7% |
| Total | 19.9 | 21.0 | 22.2 | 29.5 | 14.0% |
Top Export Markets for Electrical Insulator from Venezuela in 2022:
- Colombia (459.5K units)
This report provides an in-depth analysis of the electrical insulator 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 27901230 - Electrical insulators (excluding of glass or ceramics)
- Prodcom 23431030 - Electrical insulators of ceramics (excluding insulating fittings)
- Prodcom 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
257
This report provides an in-depth analysis of the electrical insulator market in Venezuela.
287
This report provides an in-depth analysis of the ceramic electrical insulator market in Venezuela.
214
This report provides an in-depth analysis of the glass electrical insulator market in Venezuela.
965
This report provides an in-depth analysis of the global electrical insulator market.
591
This report provides an in-depth analysis of the global ceramic electrical insulator market.
550
This report provides an in-depth analysis of the global glass electrical insulator market.
257
This report provides an in-depth analysis of the electrical insulator market in Venezuela.
287
This report provides an in-depth analysis of the ceramic electrical insulator market in Venezuela.
214
This report provides an in-depth analysis of the glass electrical insulator market in Venezuela.
965
This report provides an in-depth analysis of the global electrical insulator market.
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