The Venezuelan lifting equipment market will expand to US $X in 2021, with a year-on-year growth of X%. Overall, consumption has decreased slightly. As a result, consumption reached a peak of $X. From 2016 to 2021, the market growth rate remained at a low level.
In terms of value, the output of lifting equipment in 2021 is estimated to decrease slightly to US $X according to the export price. Overall, the production shows a relatively stable trend pattern. The most significant growth rate occurred in 2014, with an increase of X%. During the review period, the output reached a peak of US $X in 2015; However, from 2016 to 2021, production failed to regain momentum.
In 2021, after six years of growth, the overseas shipment of lifting equipment decreased significantly, and its sales volume decreased by - x% to x sets. However, during the period under review, there was a significant increase in exports. The growth rate was the most obvious in 2017, with exports increasing by X% over the previous year. During the review period, the export volume reached a record high of X units in 2020, and then contracted in the following year.
In terms of value, the export of lifting equipment dropped sharply to US $X in 2021. Overall, however, exports continued to show significant growth. The growth rate was the most obvious in 2017, with exports increasing by X% over the previous year. Exports peaked at US $X in 2020 and then contracted significantly in the following year.
Colombia (x sets) is the main destination of Venezuela's export of lifting equipment, accounting for about X% of the total export.
From 2012 to 2021, the average annual growth rate of freight volume to Colombia is + X%.
In terms of value, Colombia (US $x) remains the main foreign market for Venezuela's export of lifting equipment.
From 2012 to 2021, the average annual growth rate of value to Colombia is + X%.
In 2021, overseas purchases of lifting equipment will increase by X% to X units, the second consecutive year of growth after three years of decline. Overall, however, imports continued to show abrupt cuts. During the period under review, imports peaked at X units in 2013; however, from 2014 to 2021, imports have remained low.
In value terms, hoisting equipment imports fell sharply to $X in 2021. During the period under review, however, there was a sudden drop in imports. The most significant growth rate occurred in 2020, when imports increased by X%. During the period under review, imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In 2021, Indonesia (X units) is the main lifting equipment supplier to Venezuela, accounting for X% of total imports. It is closely followed by Argentina (X units) with X% of total imports.
From 2012 to 2021, the average annual growth rate of sales in Indonesia totals +X%.
Indonesia (X USD) is the largest supplier of lifting equipment to Venezuela by value, accounting for X% of total imports. In second place is Argentina ($X) with X% of total imports.
From 2012 to 2021, Indonesia’s average annual growth in value totals +X%.
Indonesia is Venezuela's largest supplier of lifting equipment by value, accounting for 75% of total imports. In second place is Argentina, which accounts for 11% of total imports.
In terms of value, Colombia remains the main foreign market for Venezuelan hoisting equipment exports.
The average export price of hoisting equipment in 2021 will be $2,514 per unit, down -14.4% from the previous year.
The average import price of hoisting equipment in 2021 is $3,465 per unit, down -75.1% from the previous year.
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