Report Update Nov 1, 2024

Venezuela - Dairy Spreads - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Dairy Spread Market 2024

Dairy Spread Market Size in Venezuela

The Venezuelan dairy spread market declined to $X in 2022, with a decrease of -2.5% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Dairy spread consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Dairy Spread Production in Venezuela

In value terms, dairy spread production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by 32% against the previous year. Dairy spread production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Dairy Spread Exports

Exports from Venezuela

In 2022, the amount of dairy spreads exported from Venezuela shrank sharply to X tons, with a decrease of -24.2% against 2021 figures. In general, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 94% against the previous year. As a result, the exports reached the peak of X tons, and then dropped notably in the following year.

In value terms, dairy spread exports fell dramatically to $X in 2022. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 137% against the previous year. As a result, the exports reached the peak of $X, and then contracted markedly in the following year.

Exports by Country

Peru (X tons) was the main destination for dairy spread exports from Venezuela, with a approx. 100% share of total exports.

From 2019 to 2022, the average annual growth rate of volume to Peru totaled -6.2%.

In value terms, Peru ($X) also remains the key foreign market for dairy spreads exports from Venezuela.

From 2019 to 2022, the average annual rate of growth in terms of value to Peru stood at -9.6%.

Export Prices by Country

In 2022, the average dairy spread export price amounted to $X per ton, which is down by -6.2% against the previous year. Over the period under review, the export price saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2019 to 2022, the rate of growth in terms of prices for Peru amounted to -3.6% per year.

Dairy Spread Imports

Imports into Venezuela

In 2022, purchases abroad of dairy spreads decreased by -16.5% to X kg for the first time since 2017, thus ending a four-year rising trend. In general, imports saw a sharp reduction. The growth pace was the most rapid in 2016 with an increase of 1,126% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, dairy spread imports dropped to $X in 2022. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 891%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X kg), the United States (X kg) and Italy (X kg) were the main suppliers of dairy spread imports to Venezuela, together accounting for 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of -1.7%), while imports for the other leaders experienced a decline.

In value terms, the United States ($X), Italy ($X) and the Netherlands ($X) appeared to be the largest dairy spread suppliers to Venezuela, with a combined 91% share of total imports.

Among the main suppliers, Italy, with a CAGR of +2.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average dairy spread import price stood at $X per ton in 2022, surging by 3.3% against the previous year. Over the period under review, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 73%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the Netherlands ($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 (+34.6%), 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 dairy spreads in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 31% share of global consumption.

What are the largest producers of dairy spreads in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 31% of global production.

What are the leading suppliers of dairy spreads to Venezuela?

In value terms, Italy $834) constituted the largest supplier of dairy spread to Venezuela, comprising 56% of total imports. The second position in the ranking was occupied by the United States $315), with a 21% share of total imports. It was followed by the Netherlands, with a 15% share.

What are the leading importers of dairy spreads from Venezuela?

In value terms, Peru remains the key foreign market for dairy spread exports from Venezuela.

What is the average export price for dairy spreads in Venezuela?

In 2020, the average dairy spread export price amounted to $2,165 per ton, which is down by -21.8% against the previous year.

What is the average import price for dairy spreads in Venezuela?

The average dairy spread import price stood at $5,503 per ton in 2021, increasing by 2.8% against the previous year.

This report provides an in-depth analysis of the dairy spread 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:

Prodcom 10513070 - Dairy spreads of a fat content by weight < .80 %

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