Venezuela - Iron Or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Hot-Worked Helical Spring in Venezuela - 2022
Contents:
- Price for Metal Hot-Worked Helical Spring in Venezuela (CIF) - 2022
- Price for Metal Hot-Worked Helical Spring in Venezuela (FOB) - 2022
- Imports of Metal Hot-Worked Helical Spring in Venezuela
- Exports of Metal Hot-Worked Helical Spring in Venezuela
Price for Metal Hot-Worked Helical Spring in Venezuela (CIF) - 2022
In 2022, the average metal hot-worked helical spring import price amounted to $5,676 per ton, almost unchanged from the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal hot-worked helical spring import price decreased by -0.9% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 53% against the previous year. Over the period under review, average import prices reached the peak figure at $6,955 per ton 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 France ($31,789 per ton), while the price for the United States ($779 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Hot-Worked Helical Spring in Venezuela (FOB) - 2022
The average metal hot-worked helical spring export price stood at $6,781 per ton in 2022, dropping by -27.2% against the previous year. Over the period under review, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 76% against the previous year. Over the period under review, the average export prices attained the maximum at $13,542 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($74,000 per ton), while the average price for exports to Taiwan (Chinese) ($2,917 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+21.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Metal Hot-Worked Helical Spring in Venezuela
In 2022, overseas purchases of iron or steel hot-worked helical springs decreased by -29.1% to 58 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 140%. As a result, imports reached the peak of 82 tons, and then declined notably in the following year.
In value terms, metal hot-worked helical spring imports reduced rapidly to $328K in 2022. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 137% against the previous year. As a result, imports reached the peak of $462K, and then declined dramatically in the following year.
Import of Metal Hot-Worked Helical Spring in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 82.6 | 117 | 244 | 194 | 32.9% |
Australia | 9.1 | 18.7 | 39.3 | 56.1 | 83.4% |
China | 16.6 | 19.1 | 91.2 | 27.4 | 18.2% |
Taiwan (Chinese) | 4.7 | 5.9 | 10.8 | 7.6 | 17.4% |
United States | 26.5 | 2.6 | 7.9 | 7.5 | -34.3% |
Italy | 9.5 | 4.7 | 15.7 | 1.2 | -49.8% |
Others | 22.5 | 27.0 | 52.6 | 35.0 | 15.9% |
Total | 171 | 195 | 462 | 328 | 24.2% |
Top Suppliers of Metal Hot-Worked Helical Spring to Venezuela in 2022:
- China (24.1 tons)
- Australia (15.8 tons)
- United States (9.6 tons)
- France (6.1 tons)
- Taiwan (Chinese) (3.5 tons)
- Italy (0.1 tons)
Exports of Metal Hot-Worked Helical Spring in Venezuela
In 2022, overseas shipments of iron or steel hot-worked helical springs were finally on the rise to reach 270 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a sharp reduction.
In value terms, metal hot-worked helical spring exports dropped to $1.8K in 2022. The total export value increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 3.7%. As a result, the exports attained the peak of $1.9K, and then contracted in the following year.
Export of Metal Hot-Worked Helical Spring in Venezuela (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 1,169 | 1,309 | 1,289 | 1,152 | -0.5% |
Colombia | 276 | 127 | 170 | 223 | -6.9% |
Panama | 31.0 | 48.0 | 65.0 | 80.0 | 37.2% |
Taiwan (Chinese) | N/A | N/A | N/A | 35.0 | 0% |
Jamaica | 1.0 | N/A | N/A | N/A | 0% |
Others | 258 | 314 | 340 | 341 | 9.7% |
Total | 1,735 | 1,798 | 1,864 | 1,831 | 1.8% |
Top Export Markets for Metal Hot-Worked Helical Spring from Venezuela in 2022:
- Mexico (230.0 kg)
- Taiwan (Chinese) (12.0 kg)
- Colombia (10.0 kg)
- Panama (6.0 kg)
This report provides an in-depth analysis of the market for metal hot-worked helical spring 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 25931631 - Iron or steel hot-worked helical springs
- Prodcom 25931633 - Iron or steel cold-formed helical coil compression springs
- Prodcom 25931635 - Iron or steel cold-formed helical coil tension springs
- Prodcom 25931637 - Iron or steel cold-formed helical springs (excluding helical coil compression springs, helical coil tension springs)
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
-
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
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