Venezuela: Avocado Market 2025

Avocado Market Size in Venezuela

The Venezuelan avocado market reduced modestly to $X in 2022, which is down by -1.8% against the previous year. Overall, consumption, however, showed a remarkable increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Avocado Production in Venezuela

In value terms, avocado production fell to $X in 2022 estimated in export price. In general, production, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 102%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The average yield of avocados in Venezuela shrank to X tons per ha in 2022, waning by -1.9% compared with 2021. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the yield increased by 7.8%. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the average avocado yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the avocado harvested area in Venezuela reached X ha, remaining stable against the year before. The harvested area increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 25% against the previous year. Over the period under review, the harvested area dedicated to avocado production attained the peak figure at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Avocado Exports

Exports from Venezuela

In 2022, shipments abroad of avocados increased by 109% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a significant decrease. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, avocado exports soared to $X in 2022. In general, exports, however, showed a precipitous descent. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Aruba (X tons) was the main destination for avocado exports from Venezuela, accounting for a 94% share of total exports. Moreover, avocado exports to Aruba exceeded the volume sent to the second major destination, Spain (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Aruba amounted to -31.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-20.5% per year) and Colombia (-38.6% per year).

In value terms, Aruba ($X) remains the key foreign market for avocados exports from Venezuela, comprising 97% of total exports. The second position in the ranking was taken by Spain ($X), with a 2.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Aruba stood at -20.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-31.1% per year) and Colombia (-36.2% per year).

Export Prices by Country

The average avocado export price stood at $X per ton in 2022, reducing by -6.6% against the previous year. In general, the export price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Aruba ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+16.1%), while the prices for the other major destinations experienced mixed trend patterns.

Avocado Imports

Imports into Venezuela

In 2021, approx. X kg of avocados were imported into Venezuela; stabilizing at 2020. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 6.2% against the previous year. Over the period under review, imports hit record highs at X kg in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, avocado imports stood at $X in 2021. Over the period under review, imports showed a deep downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 65%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Angola (X kg) was the main avocado supplier to Venezuela, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Angola was relatively modest.

In value terms, Angola ($X) constituted the largest supplier of avocados to Venezuela.

From 2012 to 2021, the average annual growth rate of value from Angola was relatively modest.

Import Prices by Country

The average avocado import price stood at $X per ton in 2021, remaining constant against the previous year. Overall, the import price posted a pronounced expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 55%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Angola.

From 2012 to 2021, the rate of growth in terms of prices for El Salvador amounted to +35.5% per year.

Source: IndexBox Platform

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