Venezuela: Photographic Flashbulb Market 2022

Photographic Flashbulb Market Size in Venezuela

In 2021, after two years of decline, there was significant growth in the Venezuelan photographic flashbulb market, when its value increased by X% to $X. Over the period under review, consumption, however, faced a dramatic slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Photographic Flashbulb Exports

Exports from Venezuela

In 2021, shipments abroad of photographic flashbulbs and flashcubes increased by X% to X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, photographic flashbulb exports contracted to $X in 2021. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Chile (X units) was the main destination for photographic flashbulb exports from Venezuela, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to Chile was relatively modest.

From 2012 to 2018, the average annual growth rate of value to Chile was relatively modest.

Export Prices by Country

The average photographic flashbulb export price stood at $X per unit in 2018, increasing by X% against the previous year. In general, the export price, however, recorded a abrupt downturn. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2018, the export prices failed to regain momentum.

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

From 2012 to 2018, the rate of growth in terms of prices for Chile amounted to X% per year.

Photographic Flashbulb Imports

Imports into Venezuela

After two years of decline, supplies from abroad of photographic flashbulbs and flashcubes increased by X% to X units in 2021. Over the period under review, imports, however, saw a dramatic downturn. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, photographic flashbulb imports soared to $X in 2021. Overall, imports, however, showed a sharp downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2020, Panama (X units) was the main photographic flashbulb supplier to Venezuela, accounting for a X% share of total imports. Moreover, photographic flashbulb imports from Panama exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2012 to 2020, the average annual growth rate of volume from Panama stood at +X%.

In value terms, China ($X) constituted the largest supplier of photographic flashbulb to Venezuela, comprising X% of total imports. The second position in the ranking was taken by Panama ($X), with a X% share of total imports.

From 2012 to 2020, the average annual growth rate of value from China totaled +X%.

Import Prices by Country

In 2020, the average photographic flashbulb import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price showed a significant expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. The import price peaked in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per unit), while the price for Panama totaled $X per unit.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China (+X%).

Source: IndexBox Market Intelligence Platform

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