Report Update: May 1, 2024

Venezuela - Machinery For Filling, Closing, Sealing, Capsuling Or Labelling Containers - Market Analysis, Forecast, Size, Trends And Insights

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Filling Containers Machinery Price in Venezuela - 2022

Filling Containers Machinery Price in Venezuela (CIF) - 2022

In 2022, the average filling containers machinery import price amounted to $3,518 per unit, with an increase of 23% against the previous year. Overall, the import price, however, recorded a slight descent. The pace of growth appeared the most rapid in 2015 an increase of 360% against the previous year. The import price peaked at $65,695 per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 Italy ($56,129 per unit), while the price for China ($1,234 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Filling Containers Machinery Price in Venezuela (FOB) - 2022

In 2022, the average filling containers machinery export price amounted to $51,959 per unit, falling by -24.2% against the previous year. In general, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 665%. The export price peaked at $68,507 per unit in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,226 per unit), while the average price for exports to Costa Rica ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+77.1%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports in Venezuela

In 2022, after three years of growth, there was significant decline in overseas purchases of machinery for filling, closing, sealing, capsuling or labelling containers, when their volume decreased by -19.4% to 1.1K units. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 134%. Over the period under review, imports hit record highs at 1.4K units in 2021, and then declined rapidly in the following year.

In value terms, filling containers machinery imports reduced to $3.9M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 28%. Imports peaked at $3.9M in 2021, and then fell slightly in the following year.

Import of Filling Containers Machinery in Venezuela (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	297	506	866	1,195	59.1%
Uruguay	739	917	897	742	0.1%
Argentina	576	659	594	453	-7.7%
Poland	156	193	189	156	0.0%
United States	44.7	73.1	81.5	148	49.0%
Colombia	263	148	20.8	1.9	-80.7%
Others	972	1,413	1,300	1,234	8.3%
Total	3,047	3,910	3,948	3,929	8.8%

Top Suppliers of Filling Containers Machinery to Venezuela in 2022:

China (968.0 units)
Argentina (24.0 units)
United States (20.0 units)
Poland (18.0 units)
Uruguay (7.0 units)
Colombia (1.0 units)

Filling Containers Machinery Exports in Venezuela

In 2022, the amount of machinery for filling, closing, sealing, capsuling or labelling containers exported from Venezuela stood at 2 units, almost unchanged from the previous year's figure. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.0% 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 +100.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 100%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, filling containers machinery exports contracted rapidly to $104K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,430% against the previous year. Over the period under review, the exports reached the maximum at $137K in 2021, and then fell markedly in the following year.

Export of Filling Containers Machinery in Venezuela (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	4.5	68.6	128	98.1	179.4%
United States	0.1	1.8	8.2	5.2	273.3%
Dominican Republic	N/A	0.1	0.2	0.3	73.2%
Panama	N/A	0.2	0.2	0.1	-29.3%
Spain	N/A	0.1	0.1	0.1	0.0%
Colombia	N/A	N/A	N/A	N/A	0%
Costa Rica	N/A	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	4.6	70.8	137	104	182.8%

Top Export Markets for Filling Containers Machinery from Venezuela in 2022:

Mexico (37.0 units)
Panama (1.0 units)
Costa Rica (1.0 units)
United States (1.0 units)
Colombia (1.0 units)
Dominican Republic (1.0 units)
Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the filling containers machinery 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 28292150 - Machinery for filling, closing, sealing, capsuling or labelling bottles, cans, boxes, bags or other containers, machinery for aerating beverages

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