
Venezuela - Non-Electric Air Heaters or Hot Air Distributors - Market Analysis, Forecast, Size, Trends and Insights
Venezuela: Non-Electric Air Heater Market 2023
Non-Electric Air Heater Market Size in Venezuela
The Venezuelan non-electric air heater market surged to $X in 2022, increasing by 17% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a deep contraction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.
Non-Electric Air Heater Imports
Imports into Venezuela
In 2022, purchases abroad of non-electric air heaters or hot air distributors increased by 1.4% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 89% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.
In value terms, non-electric air heater imports surged to $X in 2022. In general, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 107%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.
Imports by Country
In 2022, China (X units) constituted the largest supplier of non-electric air heater to Venezuela, accounting for a 68% share of total imports. Moreover, non-electric air heater imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), ninefold. The third position in this ranking was taken by Italy (X units), with a 6.7% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+32.7% per year) and Italy (-11.7% per year).
In value terms, Brazil ($X) constituted the largest supplier of non-electric air heaters or hot air distributors to Venezuela, comprising 77% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Italy, with a 4.7% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Brazil amounted to +40.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.0% per year) and Italy (-7.7% per year).
Import Prices by Country
The average non-electric air heater import price stood at $X per unit in 2022, with an increase of 22% against the previous year. Over the period under review, import price indicated a remarkable increase 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, non-electric air heater import price decreased by -17.3% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 38%. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the non-electric air heater 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.
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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
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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
- 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
- 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
- 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 2012–2022
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
- 9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2022
- 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
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LIST OF TABLES
- Key Findings In 2022
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Per Capita Consumption In 2012-2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Origin, 2012–2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Destination, 2012–2022
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
- Trade Balance, In Physical Terms, 2012-2022
- Trade Balance, In Value Terms, 2012-2022
- Per Capita Consumption, 2012-2022
- 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, 2012–2022
- Production, In Value Terms, 2012–2022
- Imports, In Physical Terms, 2012–2022
- Imports, In Value Terms, 2012–2022
- Imports, In Physical Terms, By Country, 2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Origin, 2012–2022
- Exports, In Physical Terms, 2012–2022
- Exports, In Value Terms, 2012–2022
- Exports, In Physical Terms, By Country, 2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Destination, 2012–2022
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