Venezuela - Vegetable Products - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVenezuela: Vegetable Product Market 2024
Vegetable Product Market Size in Venezuela
The Venezuelan vegetable product market fell significantly to $X in 2022, declining by X% against the previous year. In general, consumption showed a abrupt descent. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.
Vegetable Product Production in Venezuela
In value terms, vegetable product production amounted to $X in 2022 estimated in export price. In general, production, however, saw slight growth. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.
The average yield of vegetable products in Venezuela declined to X tons per ha in 2022, waning by X% compared with the previous year. In general, the yield continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The vegetable product yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2022, the total area harvested in terms of vegetable products production in Venezuela shrank markedly to X ha, with a decrease of X% against 2021 figures. Overall, the harvested area showed a deep contraction. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to vegetable product production reached the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.
Vegetable Product Exports
Exports from Venezuela
In 2013, vegetable product exports from Venezuela contracted markedly to X kg, falling by X% compared with the previous year. In general, exports saw a precipitous curtailment. Over the period under review, the exports attained the peak figure at X kg in 2012, and then shrank remarkably in the following year.
In value terms, vegetable product exports contracted markedly to $X in 2013. Over the period under review, exports continue to indicate a precipitous shrinkage. The exports peaked at $X in 2012, and then contracted rapidly in the following year.
Exports by Country
Aruba (X kg) was the main destination for vegetable product exports from Venezuela, with a approx. X% share of total exports.
From 2012 to 2013, the average annual growth rate of volume to Aruba stood at X%.
In value terms, Aruba ($X) also remains the key foreign market for vegetable products exports from Venezuela.
From 2012 to 2013, the average annual growth rate of value to Aruba amounted to X%.
Export Prices by Country
In 2013, the average vegetable product export price amounted to $X per ton, picking up by X% against the previous year. Over the last one-year period, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Aruba.
From 2012 to 2013, the rate of growth in terms of prices for Aruba amounted to X% per year.
Vegetable Product Imports
Imports into Venezuela
In 2022, supplies from abroad of vegetable products increased by X% to X tons for the first time since 2016, thus ending a five-year declining trend. Overall, imports, however, continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, vegetable product imports contracted markedly to $X in 2022. In general, imports, however, showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports by Country
Germany (X tons), South Africa (X tons) and the United States (X tons) were the main suppliers of vegetable product imports to Venezuela, with a combined X% share of total imports.
From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of X%), while purchases for the other leaders experienced a decline.
In value terms, Germany ($X) constituted the largest supplier of vegetable products to Venezuela, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and the United States (X% per year).
Import Prices by Country
In 2022, the average vegetable product import price amounted to $X per ton, falling by X% against the previous year. In general, the import price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then fell dramatically in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the vegetable product 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:
- FCL 156 - Sugar cane
- FCL 161 - Sugar crops nes
- FCL 459 - Chicory roots
- FCL 460 - Vegetable products, fresh or dry nes
- FCL 461 - Carobs
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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