Report Update Nov 1, 2024

Venezuela - Beer - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Beer Market 2024

Beer Market Size in Venezuela

The Venezuelan beer market declined to $X in 2022, waning by -6.4% against the previous year. Over the period under review, consumption faced a dramatic setback. Beer consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Beer Production in Venezuela

In value terms, beer production dropped to $X in 2022 estimated in export price. Over the period under review, production showed a precipitous decline. The growth pace was the most rapid in 2015 with an increase of 16%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Beer Exports

Exports from Venezuela

In 2022, the amount of beer exported from Venezuela declined notably to X tons, with a decrease of -25.3% on 2021 figures. In general, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by 359%. The exports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, beer exports fell sharply to $X in 2022. Overall, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 183% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Chile (X tons), the Dominican Republic (X tons) and Spain (X tons) were the main destinations of beer exports from Venezuela, with a combined 88% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +227.5%), while shipments for the other leaders experienced a decline.

In value terms, Chile ($X) remains the key foreign market for beer exports from Venezuela, comprising 46% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile amounted to +150.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+1.4% per year) and Spain (+2.1% per year).

Export Prices by Country

The average beer export price stood at $X per ton in 2022, dropping by -4.6% against the previous year. Overall, the export price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2018 an increase of 22% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the Dominican Republic ($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 the Dominican Republic (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Beer Imports

Imports into Venezuela

After three years of growth, supplies from abroad of beer decreased by -33.1% to X tons in 2022. Overall, imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 517%. Over the period under review, imports hit record highs at X tons in 2021, and then dropped remarkably in the following year.

In value terms, beer imports reduced markedly to $X in 2022. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 442% against the previous year. Imports peaked at $X in 2021, and then contracted notably in the following year.

Imports by Country

Brazil (X tons), Spain (X tons) and Suriname (X tons) were the main suppliers of beer imports to Venezuela, together comprising 55% of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +220.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest beer suppliers to Venezuela were Suriname ($X), Brazil ($X) and Spain ($X), with a combined 58% share of total imports.

Suriname, with a CAGR of +274.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average beer import price stood at $X per ton in 2022, which is down by -4.9% against the previous year. Overall, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 16% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Suriname (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for beer in the world?

The countries with the highest volumes of beer consumption in 2021 were China, the United States and Brazil, with a combined 43% share of global consumption. These countries were followed by Mexico, Russia, Germany, Vietnam, the UK, Spain, Poland and South Africa, which together accounted for a further 23%.

What are the largest producers of beer in the world?

The countries with the highest volumes of beer production in 2021 were China, the United States and Brazil, with a combined 40% share of global production. Mexico, Germany, Russia, Vietnam, Poland, Spain, the UK and South Africa lagged somewhat behind, together accounting for a further 25%.

What are the leading suppliers of beer to Venezuela?

In value terms, the largest beer suppliers to Venezuela were Spain, the Netherlands and Belgium, with a combined 84% share of total imports.

What are the leading importers of beer from Venezuela?

In value terms, Chile remains the key foreign market for beer exports from Venezuela, comprising 84% of total exports. The second position in the ranking was occupied by Spain, with a 16% share of total exports.

What is the average export price for beer in Venezuela?

In 2021, the average beer export price amounted to $824 per ton, increasing by 3.8% against the previous year.

What is the average import price for beer in Venezuela?

In 2021, the average beer import price amounted to $1,131 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the beer 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 51 - Beer of Barley

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023