Report Update Apr 1, 2024

Venezuela - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Truck Crane Market 2024

Truck Crane Market Size in Venezuela

The Venezuelan truck crane market skyrocketed to $X in 2022, jumping by X% against the previous year. In general, consumption, however, recorded a perceptible curtailment. Truck crane consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Truck Crane Production in Venezuela

In value terms, truck crane production rose notably to $X in 2022 estimated in export price. Over the period under review, production posted a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Truck crane production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Truck Crane Exports

Exports from Venezuela

In 2022, after four years of decline, there was decline in overseas shipments of truck cranes, when their volume decreased by X% to X units. In general, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, truck crane exports expanded significantly to $X in 2022. Overall, exports saw a tangible expansion. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Colombia (X units) and Saint Vincent and the Grenadines (X units) were the main destinations of truck crane exports from Venezuela.

From 2012 to 2022, the biggest increases were recorded for Saint Vincent and the Grenadines (with a CAGR of X%).

In value terms, Colombia ($X) remains the key foreign market for truck cranes exports from Venezuela, comprising X% of total exports. The second position in the ranking was held by Saint Vincent and the Grenadines ($X), with a X% share of total exports.

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

Export Prices by Country

The average truck crane export price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Saint Vincent and the Grenadines amounted to $X per unit.

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

Truck Crane Imports

Imports into Venezuela

In 2022, purchases abroad of truck cranes increased by X% to X units, rising for the third consecutive year after four years of decline. In general, imports, however, showed a abrupt slump. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, truck crane imports surged to $X in 2022. Overall, imports, however, showed a abrupt curtailment. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Dominican Republic (X units), South Korea (X units) and Germany (X units) were the main suppliers of truck crane imports to Venezuela, with a combined X% share of total imports.

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

In value terms, Canada ($X), the Dominican Republic ($X) and South Korea ($X) appeared to be the largest truck crane suppliers to Venezuela, with a combined X% share of total imports.

In terms of the main suppliers, South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average truck crane import price amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, recorded a slight slump. The import price peaked 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 Canada ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for truck cranes in the world?

The countries with the highest volumes of consumption in 2023 were the United States, China and Australia, together accounting for 36% of global consumption. The Netherlands, Brazil, Canada, Russia, Poland, Indonesia, Mexico, the United Arab Emirates, Taiwan Chinese) and Italy lagged somewhat behind, together accounting for a further 27%.

What are the largest producers of truck cranes in the world?

The countries with the highest volumes of production in 2022 were China, Germany and the United States, together accounting for 71% of global production. The United Arab Emirates, the Netherlands, Japan, Poland, Turkey and Belgium lagged somewhat behind, together comprising a further 12%.

What are the leading suppliers of truck cranes to Venezuela?

In value terms, the largest truck crane suppliers to Venezuela were Canada, the Dominican Republic and South Korea, together comprising 74% of total imports.

What are the leading importers of truck cranes from Venezuela?

In value terms, Colombia remains the key foreign market for truck cranes exports from Venezuela, comprising 98% of total exports. The second position in the ranking was taken by Saint Vincent and the Grenadines, with a 2.2% share of total exports.

What is the average export price for truck cranes in Venezuela?

The average truck crane export price stood at $13,384 per unit in 2022, growing by 8.2% against the previous year.

What is the average import price for truck cranes in Venezuela?

The average truck crane import price stood at $18,257 per unit in 2022, picking up by 108% against the previous year.

This report provides an in-depth analysis of the truck crane 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 29105100 - Crane lorries

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023