Venezuela - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThermostat Price in Venezuela - 2022
Contents:
- Thermostat Price in Venezuela (CIF) - 2022
- Thermostat Price in Venezuela (FOB) - 2022
- Thermostat Imports in Venezuela
- Thermostat Exports in Venezuela
Thermostat Price in Venezuela (CIF) - 2022
The average thermostat import price stood at $1.5 per unit in 2022, with an increase of 4.4% against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 62%. As a result, import price reached the peak level of $15 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8.2 per unit), while the price for China ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+22.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Thermostat Price in Venezuela (FOB) - 2022
Venezuela has no trade partners to describe.
Thermostat Imports in Venezuela
In 2022, purchases abroad of thermostats decreased by -19.7% to 554K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 68%. Imports peaked at 690K units in 2021, and then declined significantly in the following year.
In value terms, thermostat imports shrank significantly to $806K in 2022. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 109%. Over the period under review, imports attained the maximum at $962K in 2021, and then fell notably in the following year.
| Import of Thermostat in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 155 | 260 | 570 | 365 | 33.0% |
| Italy | 51.7 | 115 | 177 | 160 | 45.7% |
| Others | 105 | 276 | 215 | 282 | 39.0% |
| Total | 311 | 651 | 962 | 806 | 37.4% |
Top Suppliers of Thermostat to Venezuela in 2022:
- China (464.9K units)
- Italy (34.4K units)
Thermostat Exports in Venezuela
In 2022, thermostat exports from Venezuela fell markedly to 72 units, with a decrease of -37.4% compared with 2021 figures. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 311%. As a result, the exports attained the peak of 115 units, and then declined markedly in the following year.
In value terms, thermostat exports fell notably to $2.3K in 2022. Over the period under review, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 124% against the previous year. As a result, the exports reached the peak of $3.1K, and then declined dramatically in the following year.
| Export of Thermostat in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | N/A | 1,080 | N/A | N/A | 0% |
| Grenada | 98.0 | 22.0 | N/A | N/A | -77.6% |
| Belgium | 206 | 113 | N/A | N/A | -45.1% |
| Colombia | 6.0 | N/A | 289 | N/A | 594.0% |
| Chile | 95.0 | N/A | N/A | N/A | 0% |
| Honduras | N/A | N/A | 667 | N/A | 0% |
| Bolivia | 598 | N/A | N/A | N/A | 0% |
| Canada | 298 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | 1,373 | N/A | 0% |
| Others | 287 | 192 | 821 | 2,278 | 99.5% |
| Total | 1,588 | 1,407 | 3,150 | 2,278 | 12.8% |
Top Export Markets for Thermostat from Venezuela in 2022:
This report provides an in-depth analysis of the thermostat 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 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
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
- 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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