Report Venezuela - Iron or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Sep 1, 2023

Venezuela - Iron or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Metal Gas Appliances Market 2023

Metal Gas Appliances Market Size in Venezuela

The Venezuelan metal gas appliances market skyrocketed to $X in 2022, picking up by 301% 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). Overall, consumption, however, saw a deep setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Metal Gas Appliances Exports

Exports from Venezuela

After four years of growth, overseas shipments of iron or steel gas domestic appliances decreased by -4.8% to X units in 2022. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 when exports increased by 36%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, metal gas appliances exports fell modestly to $X in 2022. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 35%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Aruba (X units) was the main destination for metal gas appliances exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Aruba amounted to -8.2%.

In value terms, Aruba ($X) also remains the key foreign market for iron or steel gas domestic appliances exports from Venezuela.

From 2012 to 2022, the average annual rate of growth in terms of value to Aruba totaled -7.5%.

Export Prices by Country

In 2022, the average metal gas appliances export price amounted to $X per unit, increasing by 2.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 29%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Aruba.

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to +10.0% per year.

Metal Gas Appliances Imports

Imports into Venezuela

Metal gas appliances imports into Venezuela soared to X units in 2022, growing by 355% against the year before. Over the period under review, imports, however, recorded a precipitous contraction. The most prominent rate of growth was recorded in 2019 with an increase of 967% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, metal gas appliances imports surged to $X in 2022. Overall, imports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2019 with an increase of 1,004%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Panama (X units) constituted the largest supplier of metal gas appliances to Venezuela, accounting for a 79% share of total imports. Moreover, metal gas appliances imports from Panama exceeded the figures recorded by the second-largest supplier, China (X units), tenfold. The third position in this ranking was held by Thailand (X units), with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume from Panama was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-34.8% per year) and Thailand (-16.9% per year).

In value terms, Panama ($X) constituted the largest supplier of iron or steel gas domestic appliances to Venezuela, comprising 81% of total imports. The second position in the ranking was held by Thailand ($X), with an 8.3% share of total imports. It was followed by China, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Panama stood at +33.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-20.1% per year) and China (-31.2% per year).

Import Prices by Country

The average metal gas appliances import price stood at $X per unit in 2022, which is down by -32.5% against the previous year. In general, the import price, however, showed a noticeable increase. The pace of growth was the most pronounced in 2014 an increase of 178% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel gas domestic appliances in the world?
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The countries with the highest volumes of consumption in 2022 were the United States, China and India, with a combined 37% share of global consumption. Japan, Germany, Brazil, Mexico, Thailand, Bangladesh, the UK, Canada, France and the Czech Republic lagged somewhat behind, together comprising a further 30%.
What are the largest producers of iron or steel gas domestic appliances in the world?
+
The country with the largest volume of metal gas appliances production was China, comprising approx. 33% of total volume. Moreover, metal gas appliances production in China exceeded the figures recorded by the second-largest producer, India, threefold. Japan ranked third in terms of total production with a 5.4% share.
What are the leading suppliers of iron or steel gas domestic appliances to Venezuela?
+
In value terms, Panama constituted the largest supplier of iron or steel gas domestic appliances to Venezuela, comprising 81% of total imports. The second position in the ranking was taken by Thailand, with an 8.3% share of total imports. It was followed by China, with a 6.2% share.
What are the leading importers of iron or steel gas domestic appliances from Venezuela?
+
In value terms, Aruba remains the key foreign market for iron or steel gas domestic appliances exports from Venezuela.
What is the average export price for iron or steel gas domestic appliances in Venezuela?
+
In 2022, the average metal gas appliances export price amounted to $68 per unit, growing by 2.1% against the previous year.
What is the average import price for iron or steel gas domestic appliances in Venezuela?
+
The average metal gas appliances import price stood at $243 per unit in 2022, shrinking by -32.5% against the previous year.

This report provides an in-depth analysis of the metal gas appliances 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 27521234 - Iron or steel gas domestic appliances, including heaters, g rates, fires and braziers, for both gas and other fuels radiators (excluding cooking appliances and plate warmers )
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
REPORT DESCRIPTION
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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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