Venezuela: Printing Press Market 2024

Printing Press Market Size in Venezuela

In 2022, the Venezuelan printing press market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption recorded a significant contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Printing Press Exports

Exports from Venezuela

After two years of decline, shipments abroad of printing presses increased by X% to X units in 2022. Overall, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, printing press exports totaled $X in 2022. Over the period under review, exports, however, saw a precipitous contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Panama (X units), the Dominican Republic (X units) and Colombia (X units) were the main destinations of printing press exports from Venezuela. Moreover, printing press exports in Panama exceeded the figures recorded by the second-largest exporter, the Dominican Republic, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Aruba ($X) remains the key foreign market for printing presses exports from Venezuela, comprising X% of total exports. The second position in the ranking was taken by Panama ($X), with a X% share of total exports. It was followed by the Dominican Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Aruba totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and the Dominican Republic (X% per year).

Export Prices by Country

In 2022, the average printing press export price amounted to $X per unit, which is down by X% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (X%), while the prices for the other major destinations experienced a decline.

Printing Press Imports

Imports into Venezuela

In 2022, purchases abroad of printing presses decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, printing press imports expanded remarkably to $X in 2022. Over the period under review, imports showed a significant decline. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Switzerland (X units) constituted the largest supplier of printing press to Venezuela, with a X% share of total imports. Moreover, printing press imports from Switzerland exceeded the figures recorded by the second-largest supplier, Spain (X units), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Switzerland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Germany ($X), Switzerland ($X) and Taiwan (Chinese) ($X) appeared to be the largest printing press suppliers to Venezuela, together comprising X% of total imports. Spain, the UK, China, the United States, Austria, Italy, Panama, Japan and France lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Spain, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average printing press import price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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 Germany ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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