Harvesting Machinery Market in Venezuela
In value terms, harvesting machinery production rose notably to $ in estimated in export price. Overall, production, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level at $ in 2008; however, from 2009 to , production failed to regain momentum.
The size of the harvesting machinery market in Venezuela amounted to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a noticeable shrinkage. Harvesting machinery consumption peaked at $ in 2008; however, from 2009 to , consumption failed to regain momentum.