Venezuela: Green Bean Market 2025

Green Bean Market Size in Venezuela

The Venezuelan green bean market surged to $X in 2022, increasing by 32% against the previous year. Overall, consumption enjoyed a buoyant expansion. Green bean consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Green Bean Production in Venezuela

In value terms, green bean production surged to $X in 2022 estimated in export price. In general, production saw resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of 1,127%. Green bean production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of green beans in Venezuela contracted modestly to X tons per ha in 2022, falling by -2% against 2021. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 854%. Over the period under review, the average green bean yield attained the maximum level at X tons per ha in 2016; however, from 2017 to 2022, the yield stood at a somewhat 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 green bean harvested area in Venezuela expanded sharply to X ha, picking up by 11% against 2021. Overall, the harvested area, however, showed a mild reduction. The green bean harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Green Bean Exports

Exports from Venezuela

In 2022, shipments abroad of green beans was finally on the rise to reach X kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a dramatic decline. The growth pace was the most rapid in 2019 with an increase of 146% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, green bean exports amounted to $X in 2022. In general, exports, however, continue to indicate a precipitous contraction. The growth pace was the most rapid in 2013 when exports increased by 97% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Aruba (X kg) was the main destination for green bean exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Aruba totaled -47.3%.

In value terms, Aruba ($X) also remains the key foreign market for green beans exports from Venezuela.

From 2012 to 2022, the average annual rate of growth in terms of value to Aruba totaled -39.6%.

Export Prices by Country

In 2022, the average green bean export price amounted to $X per ton, increasing by 1.8% against the previous year. Over the period under review, the export price recorded a prominent increase. The growth pace was the most rapid in 2018 an increase of 569%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Aruba.

From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to +14.7% per year.

Green Bean Imports

Imports into Venezuela

In 2022, approx. X tons of green beans were imported into Venezuela; growing by 33% against the previous year. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2019 when imports increased by 551%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, green bean imports expanded rapidly to $X in 2022. In general, imports posted significant growth. The pace of growth was the most pronounced in 2019 when imports increased by 428% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) was the main supplier of green bean to Venezuela, with a 94% share of total imports. Moreover, green bean imports from the United States exceeded the figures recorded by the second-largest supplier, Panama (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +32.9%.

In value terms, the United States ($X) constituted the largest supplier of green beans to Venezuela, comprising 95% of total imports. The second position in the ranking was taken by Panama ($X), with a 4.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +61.8%.

Import Prices by Country

The average green bean import price stood at $X per ton in 2022, waning by -17.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 83% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Panama stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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