Venezuela: Market for Frozen, Dried And Smoked Fish 2025

Market Size for Frozen, Dried And Smoked Fish in Venezuela

The Venezuelan market for frozen, dried and smoked fish shrank modestly to $X in 2022, which is down by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Frozen, dried and smoked fish consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Frozen, Dried And Smoked Fish in Venezuela

In value terms, frozen, dried and smoked fish production amounted to $X in 2022 estimated in export price. In general, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Frozen, dried and smoked fish production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Frozen, Dried And Smoked Fish

Exports from Venezuela

In 2022, shipments abroad of frozen, dried and smoked fish increased by X% to X tons, rising for the seventh year in a row after two years of decline. In general, exports showed a prominent expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, frozen, dried and smoked fish exports totaled $X in 2022. Over the period under review, exports showed a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Ecuador (X tons), France (X tons) and the Netherlands (X tons) were the main destinations of frozen, dried and smoked fish exports from Venezuela, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen, dried and smoked fish exported from Venezuela were the Netherlands ($X), France ($X) and Spain ($X), with a combined X% share of total exports.

The Netherlands, with a CAGR of X%, saw 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 more modest paces of growth.

Export Prices by Country

The average export price for frozen, dried and smoked fish stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen, Dried And Smoked Fish

Imports into Venezuela

In 2022, purchases abroad of frozen, dried and smoked fish increased by X% to X tons, rising for the fourth year in a row after four years of decline. Over the period under review, imports, however, showed a sharp curtailment. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen, dried and smoked fish imports rose to $X in 2022. Overall, imports, however, saw a sharp descent. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Chile (X tons), the United States (X tons) and France (X tons) were the main suppliers of frozen, dried and smoked fish imports to Venezuela, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) constituted the largest supplier of frozen, dried and smoked fish to Venezuela, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Chile stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and France (X% per year).

Import Prices by Country

The average import price for frozen, dried and smoked fish stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Vietnam ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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