Venezuela - Spades And Shovels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpades and Shovels Price in Venezuela - 2022
Contents:
- Spades and Shovels Price in Venezuela (CIF) - 2022
- Spades and Shovels Price in Venezuela (FOB) - 2022
- Spades and Shovels Imports in Venezuela
- Spades and Shovels Exports in Venezuela
Spades and Shovels Price in Venezuela (CIF) - 2022
The average spades and shovels import price stood at $2,640 per ton in 2022, increasing by 7.9% against the previous year. In general, the import price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 61% against the previous year. Over the period under review, average import prices hit record highs at $4,335 per ton in 2013; however, from 2014 to 2022, import prices stood 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 Portugal ($4,848 per ton), while the price for China ($1,890 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Spades and Shovels Price in Venezuela (FOB) - 2022
In 2022, the average spades and shovels export price amounted to $1,927 per ton, with a decrease of -27.9% against the previous year. Over the period under review, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2018 an increase of 570% against the previous year. As a result, the export price attained the peak level of $18,692 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($20,000 per ton), while the average price for exports to Costa Rica ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+21.4%), while the prices for the other major destinations experienced a decline.
Spades and Shovels Imports in Venezuela
In 2022, approx. 261 tons of spades and shovels were imported into Venezuela; with an increase of 115% on the year before. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, spades and shovels imports skyrocketed to $689K in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Spades and Shovels in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 36.2 | 19.0 | 88.4 | 323 | 107.4% |
China | 51.7 | 52.8 | 100 | 191 | 54.6% |
Brazil | 1.2 | 2.9 | 18.9 | 55.3 | 258.5% |
Panama | 73.3 | 14.5 | 27.3 | 42.6 | -16.5% |
Portugal | 14.3 | 14.4 | 18.4 | 26.1 | 22.2% |
United States | 15.0 | 9.5 | 7.5 | 5.0 | -30.7% |
Others | 33.3 | 27.6 | 37.1 | 46.7 | 11.9% |
Total | 225 | 141 | 298 | 689 | 45.2% |
Top Suppliers of Spades and Shovels to Venezuela in 2022:
- Colombia (114.7 tons)
- China (101.0 tons)
- Brazil (20.0 tons)
- Panama (10.5 tons)
- Portugal (5.4 tons)
- United States (1.4 tons)
Spades and Shovels Exports in Venezuela
In 2022, overseas shipments of spades and shovels were finally on the rise to reach 55 kg after two years of decline. Over the period under review, exports, however, faced a sharp downturn.
In value terms, spades and shovels exports fell to $106 in 2022. In general, exports, however, saw a sharp decrease.
Export of Spades and Shovels in Venezuela (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Aruba | 200 | 248 | 91.0 | 80.0 | -26.3% |
Luxembourg | N/A | N/A | N/A | 20.0 | 0% |
Trinidad and Tobago | N/A | N/A | 30.0 | 4.0 | -86.7% |
Costa Rica | 3.0 | 4.0 | 1.0 | 1.0 | -30.7% |
Ecuador | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
Jamaica | 141 | N/A | N/A | N/A | 0% |
Others | 35.0 | N/A | N/A | N/A | 0% |
Total | 380 | 253 | 123 | 106 | -34.7% |
Top Export Markets for Spades and Shovels from Venezuela in 2022:
- Aruba (51.0 kg)
- Trinidad and Tobago (1.0 kg)
- Ecuador (1.0 kg)
- Costa Rica (1.0 kg)
- Luxembourg (1.0 kg)
This report provides an in-depth analysis of the spades and shovels 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 25731010 - Spades and shovels
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
-
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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