Venezuela: Vehicle Windscreen Wiper Market 2024

Vehicle Windscreen Wiper Market Size in Venezuela

In 2022, the Venezuelan vehicle windscreen wiper market increased by X% to $X, rising for the fifth consecutive year after five years of decline. In general, consumption, however, recorded a abrupt slump. Vehicle windscreen wiper consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Vehicle Windscreen Wiper Exports

Exports from Venezuela

In 2022, shipments abroad of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports posted significant growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, vehicle windscreen wiper exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

India (X units) was the main destination for vehicle windscreen wiper exports from Venezuela, accounting for a X% share of total exports. Moreover, vehicle windscreen wiper exports to India exceeded the volume sent to the second major destination, Canada (X units), more than tenfold.

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

In value terms, India ($X) remains the key foreign market for windscreen wipers, defrosters and demisters for motorcycles or motor vehicles exports from Venezuela, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Panama (X% per year).

Export Prices by Country

In 2022, the average vehicle windscreen wiper export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Panama ($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 India (X%), while the prices for the other major destinations experienced a decline.

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Vehicle Windscreen Wiper Imports

Imports into Venezuela

In 2022, purchases abroad of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles increased by X% to X units, rising for the fifth year in a row after five years of decline. Over the period under review, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, vehicle windscreen wiper imports surged to $X in 2022. Overall, imports, however, showed a abrupt descent. The pace of growth was the most pronounced 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, China (X units) was the main supplier of vehicle windscreen wiper to Venezuela, accounting for a X% share of total imports. It was followed by the United States (X units), with a X% share of total imports. Panama (X units) ranked third in terms of total imports with less than X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Panama (X% per year).

In value terms, China ($X) constituted the largest supplier of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles to Venezuela, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Panama, with a X% share.

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

Import Prices by Country

The average vehicle windscreen wiper import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price, however, recorded a prominent expansion. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum 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 Panama ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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