Report Update Nov 1, 2024

Venezuela - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Venezuela: Dry Vegetable Market 2024

Dry Vegetable Market Size in Venezuela

In 2022, the Venezuelan dry vegetable market increased by 17% to $X, rising for the third year in a row after five years of decline. Over the period under review, consumption, however, continues to indicate a deep reduction. Dry vegetable consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Dry Vegetable Exports

Exports from Venezuela

Dry vegetable exports from Venezuela skyrocketed to X tons in 2022, picking up by 20% against the year before. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 174%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, dry vegetable exports soared to $X in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2014 with an increase of 56% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Colombia (X tons) was the main destination for dry vegetable exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Colombia stood at +20.3%.

In value terms, Colombia ($X) also remains the key foreign market for dry vegetables exports from Venezuela.

From 2012 to 2022, the average annual growth rate of value to Colombia amounted to +22.8%.

Export Prices by Country

The average dry vegetable export price stood at $X per ton in 2022, approximately equating the previous year. In general, the export price, however, enjoyed tangible growth. The growth pace was the most rapid in 2017 an increase of 132%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +2.1% per year.

Dry Vegetable Imports

Imports into Venezuela

In 2022, supplies from abroad of dry vegetables increased by 23% to X tons, rising for the third year in a row after two years of decline. In general, imports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 45%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, dry vegetable imports surged to $X in 2022. Over the period under review, imports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2020 when imports increased by 44% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of dry vegetable to Venezuela, accounting for a 78% share of total imports. Moreover, dry vegetable imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), ninefold. India (X tons) ranked third in terms of total imports with a 7% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+19.8% per year) and India (-13.7% per year).

In value terms, China ($X), Brazil ($X) and India ($X) constituted the largest dry vegetable suppliers to Venezuela, with a combined 93% share of total imports.

Among the main suppliers, Brazil, with a CAGR of +14.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average dry vegetable import price amounted to $X per ton, reducing by -6.5% against the previous year. In general, the import price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 31%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 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 Brazil ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dry vegetables in the world?

The countries with the highest volumes of in 2021 were the Philippines, Israel and Taiwan Chinese), together comprising 22% of global consumption. Germany, Pakistan, Russia, South Korea, Japan, Canada, the United States, Morocco, the UK and Egypt lagged somewhat behind, together comprising a further 32%.

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

China remains the largest dry vegetable producing country worldwide, accounting for 30% of total volume. Moreover, dry vegetable production in China exceeded the figures recorded by the second-largest producer, India, threefold. The Philippines ranked third in terms of total production with a 9.4% share.

What are the leading suppliers of dry vegetables to Venezuela?

In value terms, China, Brazil and the United States were the largest dry vegetable suppliers to Venezuela, with a combined 85% share of total imports.

What are the leading importers of dry vegetables from Venezuela?

In value terms, Colombia remains the key foreign market for dry vegetable exports from Venezuela.

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

In 2021, the average dry vegetable export price amounted to $1,516 per ton, approximately equating the previous year.

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

In 2021, the average dry vegetable import price amounted to $2,955 per ton, growing by 8.6% against the previous year.

This report provides an in-depth analysis of the dry 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 469 - Vegetables, Dehydrated

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