Report Venezuela - Oil or Petrol-Filters for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 29, 2022

Venezuela - Oil or Petrol-Filters for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
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Venezuela: Fuel Filter Market 2022

Fuel Filter Market Size in Venezuela

The Venezuelan fuel filter market declined markedly to $X in 2021, which is down 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). Overall, consumption continues to indicate a precipitous decline. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Fuel Filter Exports

Exports from Venezuela

In 2021, exports of oil or petrol-filters for internal combustion engines from Venezuela surged to X units, rising by X% compared with 2020. Over the period under review, exports saw a moderate increase. The pace of growth was the most pronounced in 2019 when exports increased by X%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, fuel filter exports skyrocketed to $X in 2021. In general, exports posted pronounced growth. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for fuel filter exports from Venezuela, accounting for a X% share of total exports. Moreover, fuel filter exports to the United States exceeded the volume sent to the second major destination, Canada (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +X%.

In value terms, the United States ($X) remains the key foreign market for fuel filter exports from Venezuela, comprising X% of total exports. The second position in the ranking was occupied by Canada ($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 stood at +X%.

Export Prices by Country

The average fuel filter export price stood at $X per unit in 2021, dropping by -X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Canada ($X per unit), while the average price for exports to the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-X%).

Fuel Filter Imports

Imports into Venezuela

Fuel filter imports into Venezuela contracted to X units in 2021, dropping by -X% on the previous year's figure. Overall, imports faced a deep reduction. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth imports failed to regain momentum.

In value terms, fuel filter imports declined to $X in 2021. Over the period under review, imports continue to indicate a significant curtailment. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest fuel filter supplier to Venezuela, with a X% share of total imports. Moreover, fuel filter imports from the United States exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. Turkey (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Turkey (+X% per year).

In value terms, the United States ($X) constituted the largest supplier of fuel filter to Venezuela, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2021, the average fuel filter import price amounted to $X per unit, declining by -X% against the previous year. In general, the import price faced a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 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 the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, 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

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

Frequently Asked Questions (FAQ) :

What are the largest markets for oil or petrol-filters for internal combustion engines in the world?
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The countries with the highest volumes of in 2021 were the United States, China and South Africa, with a combined 43% share of global consumption. Japan, India, Russia, Brazil, Pakistan, the UK, Indonesia, Mexico, South Korea and Turkey lagged somewhat behind, together comprising a further 30%.
What are the largest producers of oil or petrol-filters for internal combustion engines in the world?
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The countries with the highest volumes of in 2021 were China, the United States and Japan, together accounting for 55% of global production.
What are the leading suppliers of oil or petrol-filters for internal combustion engines to Venezuela?
+
In value terms, the United States constituted the largest supplier of fuel filter to Venezuela, comprising 64% of total imports. The second position in the ranking was occupied by Japan, with a 14% share of total imports. It was followed by Turkey, with a 9.8% share.
What are the leading importers of oil or petrol-filters for internal combustion engines from Venezuela?
+
In value terms, the United States remains the key foreign market for fuel filter exports from Venezuela, comprising 89% of total exports. The second position in the ranking was occupied by Canada, with a 10% share of total exports.
What is the average export price for oil or petrol-filters for internal combustion engines in Venezuela?
+
The average fuel filter export price stood at $1.9 per unit in 2021, reducing by -47.5% against the previous year.
What is the average import price for oil or petrol-filters for internal combustion engines in Venezuela?
+
In 2021, the average fuel filter import price amounted to $2.6 per unit, with a decrease of -3.5% against the previous year.

This report provides an in-depth analysis of the fuel filter 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 28291330 - Oil or petrol-filters for internal combustion engines
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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