Report Venezuela - Vacuum Cleaners - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 23, 2022

Venezuela - Vacuum Cleaners - Market Analysis, Forecast, Size, Trends and Insights
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Venezuela: Vacuum Cleaner Market 2022

Vacuum Cleaner Market Size in Venezuela

After two years of growth, the Venezuelan vacuum cleaner market decreased by -X% to $X in 2021. Over the period under review, consumption continues to indicate a sharp downturn. Vacuum cleaner consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Vacuum Cleaner Exports

Exports from Venezuela

Vacuum cleaner exports from Venezuela skyrocketed to X kg in 2021, rising by X% compared with the previous year. Overall, exports, however, saw a deep slump. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X kg. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, vacuum cleaner exports reduced to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Costa Rica (X kg) was the main destination for vacuum cleaner exports from Venezuela, accounting for a X% share of total exports. Moreover, vacuum cleaner exports to Costa Rica exceeded the volume sent to the second major destination, Guatemala (X kg), twofold. Saint Vincent and the Grenadines (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Costa Rica stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+X% per year) and Saint Vincent and the Grenadines (-X% per year).

In value terms, Costa Rica ($X), Guatemala ($X) and the Dominican Republic ($X) constituted the largest markets for vacuum cleaner exported from Venezuela worldwide, with a combined X% share of total exports.

The Dominican Republic, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average vacuum cleaner export price amounted to $X per ton, falling by -X% against the previous year. In general, the export price, however, showed pronounced growth. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then reduced sharply in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saint Vincent and the Grenadines (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Vacuum Cleaner Imports

Imports into Venezuela

In 2021, after two years of growth, there was significant decline in supplies from abroad of vacuum cleaners, when their volume decreased by -X% to X tons. In general, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, vacuum cleaner imports contracted dramatically to $X in 2021. Over the period under review, imports showed a sharp setback. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Panama (X tons) and Vietnam (X tons) were the main suppliers of vacuum cleaner imports to Venezuela, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were in Vietnam (with a CAGR of -X%), while purchases for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of vacuum cleaner to Venezuela, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by Panama, with a X% share.

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

Import Prices by Country

The average vacuum cleaner import price stood at $X per ton in 2021, shrinking by -X% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vacuum cleaner import price increased by +X% against 2018 indices. The growth pace was the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2020, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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 vacuum cleaners in the world?
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The countries with the highest volumes of in 2021 were the United States, China and Japan, with a combined 42% share of global consumption. Indonesia, Nigeria, Russia, India, Mexico, Germany, South Korea, the UK, France and Thailand lagged somewhat behind, together accounting for a further 29%.
What are the largest producers of vacuum cleaners in the world?
+
China remains the largest vacuum cleaner producing country worldwide, comprising approx. 55% of total volume. Moreover, vacuum cleaner production in China exceeded the figures recorded by the second-largest producer, Malaysia, more than tenfold. Indonesia ranked third in terms of total production with a 4.2% share.
What are the leading suppliers of vacuum cleaners to Venezuela?
+
In value terms, China constituted the largest supplier of vacuum cleaner to Venezuela, comprising 49% of total imports. The second position in the ranking was occupied by Brazil, with a 14% share of total imports. It was followed by Panama, with a 5.9% share.
What are the leading importers of vacuum cleaners from Venezuela?
+
In value terms, Costa Rica $943), Guatemala $852) and the Dominican Republic $416) were the largest markets for vacuum cleaner exported from Venezuela worldwide, with a combined 89% share of total exports.
What is the average export price for vacuum cleaners in Venezuela?
+
The average vacuum cleaner export price stood at $8,574 per ton in 2021, which is down by -23.8% against the previous year.
What is the average import price for vacuum cleaners in Venezuela?
+
The average vacuum cleaner import price stood at $10,755 per ton in 2021, declining by -9.6% against the previous year.

This report provides an in-depth analysis of the vacuum cleaner 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 27512123 - Vacuum cleaners with a self-contained electric motor of a power . 1 .500 W and having a dust bag or other receptable capacity . .20 l
• Prodcom 27512125 - Other vacuum cleaners with a self-contained electric motor
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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