Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Venezuela - 2022

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Venezuela (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Venezuela

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Venezuela (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $1,274 per unit in 2022, jumping by 29% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 54%. As a result, import price attained the peak level of $2,062 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($8,939 per unit), while the price for Italy ($224 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+19.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Venezuela

For the fourth consecutive year, Venezuela recorded growth in overseas purchases of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, which increased by 120% to 11 units in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses skyrocketed to $14K in 2022. Over the period under review, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia4.54.33.28.925.5%
Panama1.61.51.13.023.3%
United States2.11.00.21.3-14.8%
Italy0.50.40.20.4-7.2%
China0.90.50.30.3-30.7%
OthersN/AN/AN/AN/A0%
Total9.67.74.914.013.4%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Venezuela in 2022:

  1. Panama (5.0 units)
  2. United States (2.0 units)
  3. Italy (2.0 units)
  4. China (1.0 units)
  5. Colombia (1.0 units)

Source: IndexBox Market Intelligence Platform

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