Venezuela: Breathing Appliances Market 2024

Breathing Appliances Market Size in Venezuela

The Venezuelan breathing appliances market reduced to $X in 2022, which is down by X% 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). In general, consumption faced a precipitous shrinkage. Breathing appliances consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Breathing Appliances Exports

Exports from Venezuela

In 2022, breathing appliances exports from Venezuela declined rapidly to X units, which is down by X% against 2021 figures. In general, exports showed a pronounced shrinkage. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, breathing appliances exports shrank rapidly to $X in 2022. Over the period under review, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Panama (X units) was the main destination for breathing appliances exports from Venezuela, accounting for a X% share of total exports. Moreover, breathing appliances exports to Panama exceeded the volume sent to the second major destination, the United States (X units), threefold. Spain (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Panama amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Spain (X% per year).

In value terms, Panama ($X) remains the key foreign market for breathing appliances and gas masks exports from Venezuela, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Panama stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Germany (X% per year).

Export Prices by Country

The average breathing appliances export price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price showed a noticeable reduction. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Spain ($X 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 Germany (X%), while the prices for the other major destinations experienced a decline.

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Breathing Appliances Imports

Imports into Venezuela

In 2022, after two years of growth, there was significant decline in purchases abroad of breathing appliances and gas masks, when their volume decreased by X% to X units. In general, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, breathing appliances imports rose remarkably to $X in 2022. Overall, imports faced a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X units) constituted the largest supplier of breathing appliances to Venezuela, with a X% share of total imports. Moreover, breathing appliances imports from Spain exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by the United States (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, Spain ($X) constituted the largest supplier of breathing appliances and gas masks to Venezuela, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Peru (X% per year).

Import Prices by Country

The average breathing appliances import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price saw a moderate increase. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average 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 Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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