Venezuela: Household Dishwashing Machine Market 2024

Household Dishwashing Machine Market Size in Venezuela

The Venezuelan household dishwashing machine market fell sharply to $X in 2022, shrinking 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). Over the period under review, consumption showed a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Household Dishwashing Machine Exports

Exports from Venezuela

In 2022, overseas shipments of household dishwashing machines decreased by X% to X units, falling for the second consecutive year after four years of decline. Overall, exports posted a remarkable increase. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, household dishwashing machine exports soared to $X in 2022. In general, exports showed buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Dominican Republic (X units) and Costa Rica (X units) were the main destinations of household dishwashing machine exports from Venezuela.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica (with a CAGR of X%).

In value terms, Costa Rica ($X) remains the key foreign market for household dishwashing machines exports from Venezuela, comprising X% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Costa Rica amounted to X%.

Export Prices by Country

In 2022, the average household dishwashing machine export price amounted to $X per unit, rising by X% against the previous year. Overall, the export price enjoyed a noticeable expansion. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($X per unit), while the average price for exports to the Dominican Republic totaled $X per unit.

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

Household Dishwashing Machine Imports

Imports into Venezuela

Household dishwashing machine imports into Venezuela fell notably to X units in 2022, with a decrease of X% against the previous year's figure. Over the period under review, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 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 stood at a somewhat lower figure.

In value terms, household dishwashing machine imports declined significantly to $X in 2022. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Mexico (X units) constituted the largest supplier of household dishwashing machine to Venezuela, with a X% share of total imports. Moreover, household dishwashing machine imports from Mexico exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. South Korea (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Mexico ($X) constituted the largest supplier of household dishwashing machines to Venezuela, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

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

Import Prices by Country

In 2022, the average household dishwashing machine import price amounted to $X per unit, picking up by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average 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 the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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