Report Update Nov 1, 2024

Venezuela - Concentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in Venezuela

In 2021, the Venezuelan concentrated orange juice market increased by 7.1% to $X, rising for the fourth consecutive year after five years of decline. Overall, consumption showed a strong expansion. Concentrated orange juice consumption peaked in 2021 and is likely to see gradual growth in years to come.

Concentrated Orange Juice Exports

Exports from Venezuela

In 2021, shipments abroad of concentrated orange juice decreased by -51% to X tons, falling for the fourth year in a row after six years of growth. Over the period under review, exports recorded a sharp reduction. The growth pace was the most rapid in 2013 with an increase of 58%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, concentrated orange juice exports fell rapidly to $X in 2021. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2018 when exports increased by 124%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada (X tons), Spain (X tons) and the Netherlands (X tons) were the main destinations of concentrated orange juice exports from Venezuela, together comprising 93% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of -19.4%), while the other leaders experienced a decline.

In value terms, Canada ($X), Spain ($X) and the Netherlands ($X) appeared to be the largest markets for concentrated orange juice exported from Venezuela worldwide, together accounting for 96% of total exports.

Canada, with a CAGR of -6.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average concentrated orange juice export price stood at $X per ton in 2021, shrinking by -9.7% against the previous year. Overall, the export price, however, posted resilient growth. The pace of growth was the most pronounced in 2018 an increase of 219% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+58.6%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Orange Juice Imports

Imports into Venezuela

In 2021, the amount of concentrated orange juice imported into Venezuela declined slightly to X tons, approximately mirroring the year before. Overall, imports, however, enjoyed a notable increase. The growth pace was the most rapid in 2014 with an increase of 491% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated orange juice imports expanded to $X in 2021. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 445% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Mexico (X tons) was the main concentrated orange juice supplier to Venezuela, with a 93% share of total imports. It was followed by Colombia (X tons), with a 3% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Mexico stood at +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+6.9% per year) and Brazil (-15.2% per year).

In value terms, Mexico ($X) constituted the largest supplier of concentrated orange juice to Venezuela, comprising 78% of total imports. The second position in the ranking was taken by Brazil ($X), with a 7.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Mexico amounted to +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+12.2% per year) and Colombia (+9.5% per year).

Import Prices by Country

In 2021, the average concentrated orange juice import price amounted to $X per ton, surging by 5.7% against the previous year. Over the last nine years, it increased at an average annual rate of +4.6%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 16% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Brazil ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+32.3%), 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 concentrated orange juice in the world?

The countries with the highest volumes of concentrated orange juice consumption in 2021 were the United States, Brazil and Germany, with a combined 51% share of global consumption. These countries were followed by the UK, France, China, Poland, Saudi Arabia, Spain, Thailand, Japan, Russia and Ireland, which together accounted for a further 25%.

What are the largest producers of concentrated orange juice in the world?

The country with the largest volume of concentrated orange juice production was Brazil, accounting for 52% of total volume. Moreover, concentrated orange juice production in Brazil exceeded the figures recorded by the second-largest producer, the United States, threefold. Mexico ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of concentrated orange juice to Venezuela?

In value terms, Mexico constituted the largest supplier of concentrated orange juice to Venezuela, comprising 98% of total imports. The second position in the ranking was occupied by Colombia $541), with a 0.6% share of total imports.

What are the leading importers of concentrated orange juice from Venezuela?

In value terms, Canada, Spain and the Netherlands were the largest markets for concentrated orange juice exported from Venezuela worldwide, together accounting for 94% of total exports.

What is the average export price for concentrated orange juice in Venezuela?

The average concentrated orange juice export price stood at $1,772 per ton in 2021, with a decrease of -11.5% against the previous year.

What is the average import price for concentrated orange juice in Venezuela?

In 2021, the average concentrated orange juice import price amounted to $1,375 per ton, dropping by -28% against the previous year.

This report provides an in-depth analysis of the concentrated orange juice 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 492 - Orange Juice, Concentrated

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