Report Update Feb 1, 2025

Venezuela - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs 2025

Market Size for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Venezuela

In 2021, the Venezuelan seafood meals and pellets market decreased by -14.6% to $X for the first time since 2014, thus ending a six-year rising trend. Overall, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +43.7% against 2014 indices. As a result, consumption attained the peak level of $X, and then declined in the following year.

Production of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Venezuela

In value terms, seafood meals and pellets production dropped to $X in 2021 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +69.0% against 2013 indices. The pace of growth was the most pronounced in 2017 with an increase of 19% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then reduced in the following year.

Exports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Exports from Venezuela

Seafood meals and pellets exports from Venezuela amounted to X tons in 2012, therefore, remained relatively stable against the previous year. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2012 and are expected to retain growth in the near future.

In value terms, seafood meals and pellets exports amounted to $X in 2012. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2012 and are expected to retain growth in years to come.

Exports by Country

Sri Lanka (X tons) was the main destination for seafood meals and pellets exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2012, the average annual growth rate of volume to Sri Lanka was relatively modest.

From 2012 to 2012, the average annual growth rate of value to Sri Lanka was relatively modest.

Imports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Imports into Venezuela

In 2021, after two years of growth, there was significant decline in overseas purchases of flours, meals and pellets of fish or of crustaceans and molluscs, when their volume decreased by -74.2% to X tons. Overall, imports faced a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 50% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, seafood meals and pellets imports shrank markedly to $X in 2021. Over the period under review, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2014 when imports increased by 38% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Mauritania (X tons), the United States (X tons) and Brazil (X tons) were the main suppliers of seafood meals and pellets imports to Venezuela, with a combined 77% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +11.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest seafood meals and pellets suppliers to Venezuela were Mauritania ($X), the United States ($X) and Panama ($X), with a combined 71% share of total imports.

Mauritania, with a CAGR of +2.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average seafood meals and pellets import price amounted to $X per ton, with a decrease of -15.7% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 17% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+21.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flours, meals and pellets of fish or of crustaceans and molluscs in the world?

China remains the largest seafood meals and pellets consuming country worldwide, accounting for 20% of total volume. Moreover, seafood meals and pellets consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.3% share.

What are the largest producers of flours, meals and pellets of fish or of crustaceans and molluscs in the world?

The countries with the highest volumes of seafood meals and pellets production in 2020 were Peru, the United States and India, together accounting for 26% of global production. These countries were followed by Chile, the UK, Mexico, Denmark, Brazil, Morocco, Pakistan, Thailand, Germany and Bangladesh, which together accounted for a further 28%.

What are the leading suppliers of flours, meals and pellets of fish or of crustaceans and molluscs to Venezuela?

In value terms, the largest seafood meals and pellets suppliers to Venezuela were Brazil, Mauritania and the United States, with a combined 81% share of total imports.

What is the average export price for flours, meals and pellets of fish or of crustaceans and molluscs in Venezuela?

The average seafood meals and pellets export price stood at $936 per ton in 2012, remaining stable against the previous year.

What is the average import price for flours, meals and pellets of fish or of crustaceans and molluscs in Venezuela?

The average seafood meals and pellets import price stood at $912 per ton in 2020, dropping by -28.1% against the previous year.

This report provides an in-depth analysis of the market for seafood meals and pellets 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 10204100 - Flours, meals and pellets of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024