Report Venezuela - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 23, 2022

Venezuela - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends and Insights
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Venezuela: Industrial Bakery Machinery Market 2022

Industrial Bakery Machinery Market Size in Venezuela

In 2021, the Venezuelan industrial bakery machinery market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption, however, faced a precipitous decrease. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Industrial Bakery Machinery Exports

Exports from Venezuela

In 2021, overseas shipments of industrial bakery machinery increased by X% to X units for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, saw a perceptible downturn. 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 units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, industrial bakery machinery exports expanded remarkably to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Costa Rica (X units) and Italy (X units) were the main destinations of industrial bakery machinery exports from Venezuela.

From 2012 to 2021, 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%), while the other leaders experienced a decline.

In value terms, the United States ($X) remains the key foreign market for industrial bakery machinery exports from Venezuela, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Costa Rica (+X% per year).

Export Prices by Country

The average industrial bakery machinery export price stood at $X per unit in 2021, increasing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Italy ($X per unit), while the average price for exports to Costa Rica ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Bakery Machinery Imports

Imports into Venezuela

For the third consecutive year, Venezuela recorded growth in supplies from abroad of industrial bakery machinery, which increased by X% to X units in 2021. In general, imports, however, saw a dramatic setback. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, industrial bakery machinery imports dropped to $X in 2021. Overall, imports, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest industrial bakery machinery supplier to Venezuela, accounting for a X% share of total imports. Moreover, industrial bakery machinery imports from Italy exceeded the figures recorded by the second-largest supplier, Lebanon (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (-X% per year) and Austria (-X% per year).

In value terms, Italy ($X) constituted the largest supplier of industrial bakery machinery to Venezuela, comprising X% of total imports. The second position in the ranking was occupied by Lebanon ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (-X% per year) and Austria (-X% per year).

Import Prices by Country

The average industrial bakery machinery import price stood at $X per unit in 2021, falling by -X% against the previous year. Over the period under review, the import price showed a perceptible downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial bakery machinery in the world?
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The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 85% share of global consumption.
What are the largest producers of industrial bakery machinery in the world?
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The country with the largest volume of industrial bakery machinery production was China, comprising approx. 77% of total volume. Moreover, industrial bakery machinery production in China exceeded the figures recorded by the second-largest producer, Italy, more than tenfold. The third position in this ranking was occupied by India, with a 2.5% share.
What are the leading suppliers of industrial bakery machinery to Venezuela?
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In value terms, Italy constituted the largest supplier of industrial bakery machinery to Venezuela, comprising 83% of total imports. The second position in the ranking was occupied by Lebanon, with a 4.2% share of total imports.
What are the leading importers of industrial bakery machinery from Venezuela?
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In value terms, the United States remains the key foreign market for industrial bakery machinery exports from Venezuela, comprising 73% of total exports. The second position in the ranking was occupied by Italy, with a 9.8% share of total exports.
What is the average export price for industrial bakery machinery in Venezuela?
+
In 2021, the average industrial bakery machinery export price amounted to $1,150 per unit, with an increase of 10% against the previous year.
What is the average import price for industrial bakery machinery in Venezuela?
+
In 2021, the average industrial bakery machinery import price amounted to $709 per unit, waning by -6% against the previous year.

This report provides an in-depth analysis of the industrial bakery machinery 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 28931713 - Industrial bakery machinery (excluding non-electric ovens)
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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