Venezuela: Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes 2024

Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Venezuela

In 2022, after two years of decline, there was significant growth in the Venezuelan market for buckets, shovels, grabs and grips for ships derricks and cranes, when its value increased by X% to $X. In general, consumption, however, continues to indicate a abrupt downturn. Ship derrick buckets and shovels consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Exports from Venezuela

Ship derrick buckets and shovels exports from Venezuela fell slightly to X units in 2022, with a decrease of X% against the previous year's figure. Over the period under review, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ship derrick buckets and shovels exports shrank to $X in 2022. In general, exports saw a noticeable contraction. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Colombia (X units) was the main destination for ship derrick buckets and shovels exports from Venezuela, accounting for a X% share of total exports. It was followed by Chile (X units), with less than X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Colombia amounted to X%.

In value terms, Colombia ($X) remains the key foreign market for buckets, shovels, grabs and grips for ships derricks and cranes exports from Venezuela, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Colombia stood at X%.

Export Prices by Country

The average export price for buckets, shovels, grabs and grips for ships derricks and cranes stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Colombia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (X%).

Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Imports into Venezuela

In 2022, supplies from abroad of buckets, shovels, grabs and grips for ships derricks and cranes was finally on the rise to reach X units after two years of decline. In general, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, ship derrick buckets and shovels imports amounted to $X in 2022. Over the period under review, imports, however, faced a abrupt slump. The growth pace was the most rapid in 2019 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Finland (X units), Colombia (X units) and the Netherlands (X units) were the main suppliers of ship derrick buckets and shovels imports to Venezuela, with a combined X% share of total imports. Turkey, Spain, Mexico, Sweden, South Africa, the United States, France, Italy, Germany and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X) constituted the largest supplier of buckets, shovels, grabs and grips for ships derricks and cranes to Venezuela, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Finland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average import price for buckets, shovels, grabs and grips for ships derricks and cranes amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 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 South Africa ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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