Venezuela - Non-Electrical Lamps And Lighting Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electrical Lamp Price in Venezuela - 2022
Contents:
- Non-Electrical Lamp Price in Venezuela (CIF) - 2022
- Non-Electrical Lamp Price in Venezuela (FOB) - 2022
- Non-Electrical Lamp Imports in Venezuela
- Non-Electrical Lamp Exports in Venezuela
Non-Electrical Lamp Price in Venezuela (CIF) - 2022
The average non-electrical lamp import price stood at $4.3 per unit in 2022, rising by 4.1% against the previous year. In general, the import price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the peak figure at $12 per unit in 2015; however, from 2016 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 the United States ($7 per unit), while the price for China ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+0.5%), while the prices for the other major suppliers experienced a decline.
Non-Electrical Lamp Price in Venezuela (FOB) - 2022
In 2022, the average non-electrical lamp export price amounted to $4.9 per unit, picking up by 5.5% against the previous year. Overall, the export price, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 81% against the previous year. As a result, the export price attained the peak level of $9.8 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
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 Panama ($19 per unit), while the average price for exports to Ecuador ($1.1 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 (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electrical Lamp Imports in Venezuela
In 2022, the amount of non-electrical lamps and lighting fittings imported into Venezuela skyrocketed to 30K units, growing by 57% compared with the previous year. In general, imports enjoyed a strong increase. The pace of growth was the most pronounced in 2020 when imports increased by 61%. As a result, imports attained the peak of 41K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, non-electrical lamp imports skyrocketed to $128K in 2022. Over the period under review, imports, however, recorded a deep reduction. Imports peaked at $239K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Non-Electrical Lamp in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 143 | 93.8 | 40.8 | 50.2 | -29.5% |
Indonesia | 25.1 | 23.4 | 14.3 | 29.3 | 5.3% |
China | 22.2 | 24.2 | 3.7 | 11.5 | -19.7% |
Panama | 16.6 | 10.8 | 4.5 | 7.7 | -22.6% |
Singapore | 3.6 | 3.4 | 2.1 | 4.2 | 5.3% |
Others | 28.5 | 22.3 | 12.9 | 25.1 | -4.1% |
Total | 239 | 178 | 78.3 | 128 | -18.8% |
Top Suppliers of Non-Electrical Lamp to Venezuela in 2022:
- China (11.1K units)
- United States (7.2K units)
- Indonesia (6.9K units)
- Panama (1.5K units)
- Singapore (1.1K units)
Non-Electrical Lamp Exports in Venezuela
In 2022, after two years of decline, there was significant growth in overseas shipments of non-electrical lamps and lighting fittings, when their volume increased by 28% to 69 units. Overall, exports, however, recorded a deep downturn. The exports peaked at 129 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-electrical lamp exports skyrocketed to $341 in 2022. Over the period under review, exports, however, recorded a sharp reduction. Over the period under review, the exports hit record highs at $727 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Non-Electrical Lamp in Venezuela (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 516 | 320 | 187 | 249 | -21.6% |
Ecuador | 168 | 88.0 | 44.0 | 49.0 | -33.7% |
Costa Rica | 22.0 | 9.0 | 17.0 | 35.0 | 16.7% |
Colombia | 21.0 | 12.0 | 6.0 | 8.0 | -27.5% |
Others | N/A | N/A | -1.0 | N/A | 0% |
Total | 727 | 429 | 253 | 341 | -22.3% |
Top Export Markets for Non-Electrical Lamp from Venezuela in 2022:
- Ecuador (44.0 units)
- Panama (13.0 units)
- Costa Rica (8.0 units)
- Colombia (5.0 units)
This report provides an in-depth analysis of the non-electrical lamp 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 27402300 - Non-electrical lamps and lighting fittings
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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