Venezuela: Fruit And Berry Market 2024

Fruit And Berry Market Size in Venezuela

The Venezuelan fruit and berry market was estimated at $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Fruit And Berry Production in Venezuela

In value terms, fruit and berry production rose modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. Fruit and berry production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of fruits and berries in Venezuela declined modestly to X tons per ha in 2022, approximately equating 2021. Overall, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the yield increased by X%. Over the period under review, the average fruit and berry yield attained the maximum level at X tons per ha in 2014; however, from 2015 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The fruit and berry harvested area in Venezuela reached X ha in 2022, remaining relatively unchanged against 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2014 when the harvested area increased by X%. The fruit and berry harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area stood at a somewhat lower figure.

Fruit And Berry Exports

Exports from Venezuela

Fruit and berry exports from Venezuela reduced to X tons in 2022, with a decrease of X% compared with the year before. In general, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, fruit and berry exports fell markedly to $X in 2022. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2014 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Aruba (X tons) was the main destination for fruit and berry exports from Venezuela, accounting for a X% share of total exports. Moreover, fruit and berry exports to Aruba exceeded the volume sent to the second major destination, Colombia (X tons), fivefold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Aruba totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and the UK (X% per year).

In value terms, Aruba ($X) remains the key foreign market for fruits and berries exports from Venezuela, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Aruba amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average fruit and berry export price amounted to $X per ton, waning by X% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price 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, fruit and berry export price decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Colombia ($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 Aruba (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit And Berry Imports

Imports into Venezuela

In 2022, purchases abroad of fruits and berries decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fruit and berry imports declined notably to $X in 2022. In general, imports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Chile (X tons) constituted the largest supplier of fruit and berry to Venezuela, accounting for a X% share of total imports. Moreover, fruit and berry imports from Chile exceeded the figures recorded by the second-largest supplier, Italy (X tons), tenfold. Peru (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Chile amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Peru (X% per year).

In value terms, Chile ($X) constituted the largest supplier of fruits and berries to Venezuela, comprising X% of total imports. The second position in the ranking was held by Peru ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

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

Import Prices by Country

In 2022, the average fruit and berry import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price recorded a mild downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained 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 Peru ($X per ton), while the price for Argentina ($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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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