Venezuela - Clocks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVenezuela: Market for Instrument Panel And Wall Clocks 2024
Market Size for Instrument Panel And Wall Clocks in Venezuela
For the third year in a row, the Venezuelan market for instrument panel and wall clocks recorded decline in sales value, which decreased by X% to $X in 2020. Over the period under review, consumption, however, faced a sharp decline. The most prominent rate of growth was recorded in 2017 when the market value increased by less than X% against the previous year. Instrument panel and wall clock consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain momentum.
Exports of Instrument Panel And Wall Clocks
Exports from Venezuela
In 2020, approx. X units of instrument panel and wall clocks were exported from Venezuela; with a decrease of X% on the year before. In general, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X units in 2015; however, from 2016 to 2020, the exports failed to regain momentum.
In value terms, instrument panel and wall clock exports expanded slightly to $X in 2020. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2020, the exports stood at a somewhat lower figure.
Exports by Country
Costa Rica (X units) was the main destination for instrument panel and wall clock exports from Venezuela, with a X% share of total exports. Moreover, instrument panel and wall clock exports to Costa Rica exceeded the volume sent to the second major destination, Aruba (X units), eightfold. The third position in this ranking was held by the Netherlands (X units), with a X% share.
From 2012 to 2020, the average annual growth rate of volume to Costa Rica totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (X% per year) and the Netherlands (X% per year).
In value terms, the largest markets for instrument panel and wall clock exported from Venezuela were Panama ($X), Aruba ($X) and Spain ($X), with a combined X% share of total exports.
In terms of the main countries of destination, Panama, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for instrument panel and wall clocks stood at $X per unit in 2020, jumping by X% against the previous year. Over the period under review, the export price recorded a remarkable increase. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2020 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to Costa Rica ($X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Instrument Panel And Wall Clocks
Imports into Venezuela
Instrument panel and wall clock imports into Venezuela rose significantly to X units in 2020, surging by X% compared with 2019 figures. Over the period under review, imports, however, faced a dramatic shrinkage. Imports peaked at X units in 2012; however, from 2013 to 2020, imports remained at a lower figure.
In value terms, instrument panel and wall clock imports shrank to $X in 2020. In general, imports, however, continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.
Imports by Country
In 2020, China (X units) was the main supplier of instrument panel and wall clock to Venezuela, with a X% share of total imports. It was followed by the United States (X units), with a X% share of total imports.
From 2012 to 2020, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Panama (X% per year).
In value terms, China ($X) constituted the largest supplier of instrument panel and wall clocks to Venezuela, comprising X% of total imports. The second position in the ranking was held by Panama ($X), with a X% share of total imports.
From 2012 to 2020, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (X% per year) and the United States (X% per year).
Import Prices by Country
The average import price for instrument panel and wall clocks stood at $X per unit in 2020, reducing by X% against the previous year. Over the period under review, the import price, however, posted buoyant growth. The pace of growth was the most pronounced in 2017 an increase of X%. The import price peaked at $X per unit in 2019, and then fell dramatically in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Panama ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Panama (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for instrument panel and wall clock 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 26521300 - Instrument panel clocks and clocks of a similar type for vehicles, aircraft, spacecraft or vessels (including vehicle chronographs)
- Prodcom 26521400 - Clocks with watch movements, alarm clocks and wall clocks, o ther clocks
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
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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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