Venezuela: Grapefruit Market 2025

Grapefruit Market Size in Venezuela

In 2022, the Venezuelan grapefruit market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption posted resilient growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Grapefruit Production in Venezuela

In value terms, grapefruit production reduced modestly to $X in 2022 estimated in export price. In general, production showed a strong increase. The pace of growth was the most pronounced in 2019 with an increase of 64% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

The average yield of grapefruits in Venezuela was estimated at X tons per ha in 2022, approximately equating the year before. Overall, the yield, however, saw a relatively flat trend pattern. Over the period under review, the average grapefruit yield hit record highs at X tons per ha in 2013; however, from 2014 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 grapefruit harvested area in Venezuela shrank modestly to X ha in 2022, remaining relatively unchanged against the previous year. The harvested area increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 6% against the previous year. Over the period under review, the harvested area dedicated to grapefruit production attained the peak figure at X ha in 2021, and then shrank slightly in the following year.

Grapefruit Exports

Exports from Venezuela

After two years of growth, overseas shipments of grapefruits decreased by -1.1% to X kg in 2022. Over the period under review, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 240%. As a result, the exports attained the peak of X kg. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, grapefruit exports dropped modestly to $X in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 292%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Bahrain (X kg) was the main destination for grapefruit exports from Venezuela, accounting for a 97% share of total exports. It was followed by Aruba (X kg), with a 2.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bahrain amounted to +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (-16.4% per year) and Croatia (-26.6% per year).

In value terms, Bahrain ($X) remains the key foreign market for grapefruits exports from Venezuela, comprising 97% of total exports. The second position in the ranking was held by Croatia ($X), with a 1.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bahrain amounted to +42.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (-15.6% per year) and Aruba (-9.7% per year).

Export Prices by Country

The average grapefruit export price stood at $X per ton in 2022, almost unchanged from the previous year. Overall, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2019 an increase of 64% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Aruba ($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 Bahrain (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Grapefruit Imports

Imports into Venezuela

In 2016, the amount of grapefruits imported into Venezuela was estimated at X kg, approximately reflecting the previous year's figure. Over the period under review, imports continue to indicate significant growth. The smallest decline of 99.9% was in 2013. Imports peaked in 2016 and are expected to retain growth in years to come.

In value terms, grapefruit imports stood at $X in 2016. In general, imports enjoyed significant growth. The smallest decline of 99.9% was in 2013. Over the period under review, imports hit record highs in 2016 and are likely to see steady growth in years to come.

Imports by Country

In 2016, El Salvador (X kg) was the main supplier of grapefruit to Venezuela, accounting for a approx. 100% share of total imports.

From 2012 to 2016, the average annual rate of growth in terms of volume from El Salvador was relatively modest.

In value terms, El Salvador ($X) constituted the largest supplier of grapefruits to Venezuela.

From 2012 to 2016, the average annual growth rate of value from El Salvador was relatively modest.

Import Prices by Country

The average grapefruit import price stood at $X per ton in 2016, remaining stable against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price decreased by 99.9%. The import price peaked in 2016 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for El Salvador.

From 2012 to 2016, the rate of growth in terms of prices for Curacao amounted to 0.0% per year.

Source: IndexBox Platform

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