Venezuela Consumer Electronics Report Q1 2016

Date: December 23, 2015
Pages: 65
US$ 1,295.00
Report type: Strategic Report
Delivery: Download

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Includes 3 FREE quarterly updates

BMI View: We had downgraded our forecasts for the Venezuelan consumer electronics market in our Q4 2015 report to reflect the nature of the macroeconomic crisis the country. We have left our forecasts for the market unchanged in our Q116 report update. We are now anticipating a modest recovery to take place in the market in 2016 as economic conditions improve. Nevertheless, we are cautious in our forecasts and hold the opinion that if the macroeconomic fundamentals of Venezuela deteriorate over the coming weeks, we will undertake another significant downwards revision of our forecast for our upcoming update.

Our previous downgrade was, however, relatively minor in the context of our pre-existing view for Venezuela to be the underperforming consumer electronics market globally. This view was based on devaluation and the impact on device affordability for local consumers where local wage inflation trails far behind device price inflation. Meanwhile, the push by the government to implement the 'fair price' law in H114, which restricted vendor margins to 30%, means vendors face continued political as well as economic risk factors. The law adds to a hostile business environment and exacerbates existing challenges for vendors, including currency weakness and economic, political and security risks that are weighing on purchasing power and consumer confidence.>
BMI Industry View
Latest Updates & Developments
Consumer Electronics Market
Industry Forecast
Latest Updates
Structural Trends
    Table: Consumer Electronics Overview (Venezuela 2013-2019)
Industry Risk Reward Index
    Table: Americas Risk/Rewards Index, Q1 2016
Market Overview
Recent Developments
    Table: PC Sales (Venezuela 2013-2019)
AV Devices
    Table: AV Sales (Venezuela 2013-2019)
Mobile Handsets
    Table: Mobile Communications (Venezuela 2013-2019)
Competitive Landscape
International Companies
    Table: Samsung Electronics
Local Companies
    Table: S?ragon
    Table: Venezolana De Industria Technologica (VIT)
    Table: Venezolana de Telecomunicaciones (Vtelca)
Regulatory Development
    Table: Regulatory Authority
Demographic Forecast
Demographic Outlook 2015
    Table: Population Headline Indicators (Venezuela 1990-2025)
    Table: Key Population Ratios (Venezuela 1990-2025)
    Table: Urban/Rural Population & Life Expectancy (Venezuela 1990-2025)
    Table: Population By Age Group (Venezuela 1990-2025)
    Table: Population By Age Group % (Venezuela 1990-2025)
Industry Forecast Methodology
Sector-Specific Methodology
Risk/Reward Index Methodology
Sector-Specific Methodology
    Table: Consumer Electronics Risk/Reward Index Indicators
    Table: Weighting Of Indicators
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Venezuela Consumer Electronics Report Q4 2015 US$ 1,295.00 Aug, 2015 · 73 pages
Venezuela Consumer Electronics Report Q2 2016 US$ 1,295.00 Mar, 2016 · 56 pages
Venezuela Consumer Electronics Report Q3 2015 US$ 1,295.00 Jun, 2015 · 82 pages

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