Venezuela: Signal Generator Market 2024

Signal Generator Market Size in Venezuela

In 2022, after five years of decline, there was significant growth in the Venezuelan signal generator market, when its value increased by X% to $X. Overall, consumption, however, recorded a significant decrease. Signal generator consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Signal Generator Exports

Exports from Venezuela

In 2022, exports of signal generators from Venezuela surged to X units, with an increase of X% on 2021 figures. Over the period under review, exports, however, showed a dramatic setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, signal generator exports expanded to $X in 2022. In general, exports, however, saw a precipitous decrease. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Colombia (X units) was the main destination for signal generator exports from Venezuela, accounting for a X% share of total exports. Moreover, signal generator exports to Colombia exceeded the volume sent to the second major destination, Germany (X units), fourfold. Spain (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Colombia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Spain (X% per year).

In value terms, Colombia ($X) remains the key foreign market for signal generators exports from Venezuela, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Colombia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average signal generator export price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2020 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 2021, and then declined dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Spain ($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 Colombia (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Signal Generator Imports

Imports into Venezuela

After five years of decline, overseas purchases of signal generators increased by X% to X units in 2022. In general, imports, however, continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, signal generator imports surged to $X in 2022. Overall, imports, however, saw a sharp decrease. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Russia (X units) was the main supplier of signal generator to Venezuela, with a X% share of total imports. It was followed by Taiwan (Chinese) (X units), with a X% share of total imports. The third position in this ranking was taken by South Korea (X units), with a X% share.

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

In value terms, Russia ($X) constituted the largest supplier of signal generators to Venezuela, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the average signal generator 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 relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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