Venezuela: Garlic Market 2025

Garlic Market Size in Venezuela

After two years of growth, the Venezuelan garlic market decreased by -3.4% to $X in 2022. In general, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +23.6% against 2019 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Garlic Production in Venezuela

In value terms, garlic production shrank to $X in 2022 estimated in export price. Over the period under review, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +27.4% against 2019 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 33% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

In 2022, the average garlic yield in Venezuela reduced to X tons per ha, remaining stable against the year before. Overall, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the yield increased by 4.9%. Over the period under review, the average garlic yield reached the maximum level at X tons per ha in 2014; however, from 2015 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The garlic harvested area in Venezuela fell to X ha in 2022, waning by -2.2% compared with the previous year's figure. The harvested area increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 10% against the previous year. Over the period under review, the harvested area dedicated to garlic production attained the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

Garlic Exports

Exports from Venezuela

In 2022, approx. X tons of garlic were exported from Venezuela; dropping by -4.9% on the previous year. Over the period under review, exports continue to indicate a slight reduction. The growth pace was the most rapid in 2018 with an increase of 708% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, garlic exports fell to $X in 2022. Overall, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2018 when exports increased by 447%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to Aruba stood at -1.4%.

In value terms, Aruba ($X) also remains the key foreign market for garlic exports from Venezuela.

From 2012 to 2022, the average annual growth rate of value to Aruba stood at +7.6%.

Export Prices by Country

In 2022, the average garlic export price amounted to $X per ton, remaining stable against the previous year. Overall, the export price, however, showed a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 57%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to +9.1% per year.

Garlic Imports

Imports into Venezuela

In 2022, supplies from abroad of garlic was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a dramatic decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 884%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, garlic imports skyrocketed to $X in 2022. Overall, imports, however, showed a sharp setback. The pace of growth was the most pronounced in 2019 when imports increased by 1,109%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest garlic supplier to Venezuela, accounting for a 54% share of total imports. Moreover, garlic imports from China exceeded the figures recorded by the second-largest supplier, Trinidad and Tobago (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from China stood at -31.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Trinidad and Tobago (-36.2% per year) and Peru (-32.9% per year).

In value terms, China ($X), Peru ($X) and Trinidad and Tobago ($X) were the largest garlic suppliers to Venezuela, with a combined 93% share of total imports.

Among the main suppliers, China, with a CAGR of -21.6%, saw 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 garlic import price stood at $X per ton in 2022, with a decrease of -9.1% against the previous year. Over the period under review, the import price, however, saw buoyant growth. The pace of growth appeared the most rapid in 2013 an increase of 91%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then contracted in the following year.

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 ($X per ton), while the price for Trinidad and Tobago ($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 (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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