Report Update Nov 1, 2024

Venezuela - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Canned Vegetable Market 2024

Canned Vegetable Market Size in Venezuela

In 2022, the Venezuelan canned vegetable market increased by 43% to $X, rising for the fifth year in a row after five years of decline. Overall, consumption, however, showed a noticeable slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Canned Vegetable Exports

Exports from Venezuela

Canned vegetable exports from Venezuela skyrocketed to X tons in 2022, jumping by 57% compared with the previous year. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by 287% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, canned vegetable exports soared to $X in 2022. Over the period under review, exports posted a prominent increase. The growth pace was the most rapid in 2018 when exports increased by 140% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

The United States (X tons) was the main destination for canned vegetable exports from Venezuela, with a 95% share of total exports. It was followed by Spain (X kg), with a 1.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest.

In value terms, the United States ($X) emerged as the key foreign market for canned vegetables exports from Venezuela, comprising 95% of total exports. The second position in the ranking was held by Spain ($X), with a 1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

In 2022, the average canned vegetable export price amounted to $X per ton, picking up by 6.5% against the previous year. In general, the export price, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 54% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-4.4%).

Canned Vegetable Imports

Imports into Venezuela

In 2022, purchases abroad of canned vegetables increased by 27% to X tons, rising for the fifth consecutive year after five years of decline. Over the period under review, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2019 when imports increased by 82%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, canned vegetable imports surged to $X in 2022. Overall, imports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2019 with an increase of 56% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X tons), the United States (X tons) and Brazil (X tons) were the main suppliers of canned vegetable imports to Venezuela, together comprising 42% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +40.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of canned vegetables to Venezuela, comprising 26% of total imports. The second position in the ranking was taken by Italy ($X), with a 12% share of total imports. It was followed by Spain, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-8.3% per year) and Spain (-8.0% per year).

Import Prices by Country

In 2022, the average canned vegetable import price amounted to $X per ton, increasing by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 18%. The import price peaked in 2022 and is likely to continue growth in the near future.

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 Colombia ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.5%), 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 canned vegetables in the world?

The countries with the highest volumes of in 2021 were Germany, the UK and France, with a combined 23% share of global consumption. Japan, the United States, China, Algeria, Taiwan Chinese), India, Italy, Belgium, Australia and Malaysia lagged somewhat behind, together comprising a further 38%.

What are the largest producers of canned vegetables in the world?

The countries with the highest volumes of in 2021 were Italy, China and Spain, together accounting for 48% of global production. These countries were followed by Algeria, the Netherlands, Taiwan Chinese), Thailand, Belgium, Greece, India, Hungary, France and Peru, which together accounted for a further 32%.

What are the leading suppliers of canned vegetables to Venezuela?

In value terms, the largest canned vegetable suppliers to Venezuela were the United States, Italy and Peru, with a combined 52% share of total imports. Greece, Brazil, Spain and China lagged somewhat behind, together comprising a further 39%.

What are the leading importers of canned vegetables from Venezuela?

In value terms, Greece remains the key foreign market for canned vegetable exports from Venezuela.

What is the average export price for canned vegetables in Venezuela?

In 2021, the average canned vegetable export price amounted to $1,508 per ton, with an increase of 4.9% against the previous year.

What is the average import price for canned vegetables in Venezuela?

The average canned vegetable import price stood at $1,563 per ton in 2021, picking up by 7.1% against the previous year.

This report provides an in-depth analysis of the canned vegetable 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 472 - Vegetables, Preserved nes (O/T vinegar)

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