Report Update Nov 1, 2024

Venezuela - Milk - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Milk Market 2024

Milk Market Size in Venezuela

The Venezuelan milk market rose to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Milk Production in Venezuela

In value terms, milk production rose to $X in 2022 estimated in export price. Overall, the total production indicated a buoyant increase 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 pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Milk Exports

Exports from Venezuela

In 2016, approx. X tons of milk were exported from Venezuela; standing approx. at 2015 figures. Overall, exports continue to indicate a sharp setback. The smallest decline of X% was in 2013. The exports peaked at X tons in 2012; however, from 2013 to 2016, the exports stood at a somewhat lower figure.

In value terms, milk exports totaled $X in 2016. In general, exports continue to indicate a dramatic shrinkage. The smallest decline of X% was in 2013. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

Exports by Country

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

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

From 2012 to 2016, the average annual rate of growth in terms of value to Guatemala was relatively modest.

Export Prices by Country

In 2016, the average milk export price amounted to $X per ton, approximately equating the previous year. In general, the export price saw prominent growth. The growth pace was the most rapid in 2013 a decrease of X% against the previous year. Over the period under review, the average export prices hit record highs in 2016 and is expected to retain growth in years to come.

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

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

Milk Imports

Imports into Venezuela

After five years of growth, supplies from abroad of milk decreased by X% to X tons in 2022. Over the period under review, imports showed a abrupt downturn. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, milk imports declined to $X in 2022. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Nicaragua (X tons) constituted the largest milk supplier to Venezuela, with a X% share of total imports. Moreover, milk imports from Nicaragua exceeded the figures recorded by the second-largest supplier, Peru (X tons), fivefold. The third position in this ranking was taken by Ecuador (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Nicaragua was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (X% per year) and Ecuador (X% per year).

In value terms, Nicaragua ($X) constituted the largest supplier of milk to Venezuela, comprising X% of total imports. The second position in the ranking was held by Peru ($X), with a X% share of total imports. It was followed by Ecuador, with a X% share.

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

Import Prices by Country

In 2022, the average milk import price amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), 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 milk in the world?

The countries with the highest volumes of in 2021 were India, the United States and Pakistan, with a combined 36% share of global consumption.

What are the largest producers of milk in the world?

The countries with the highest volumes of in 2021 were India, the United States and Pakistan, together accounting for 36% of global production.

What are the leading suppliers of milk to Venezuela?

In value terms, Germany, Spain and Italy constituted the largest milk suppliers to Venezuela, together accounting for 94% of total imports.

What is the average export price for milk in Venezuela?

The average milk export price stood at $1,000 per ton in 2016, flattening at the previous year.

What is the average import price for milk in Venezuela?

The average milk import price stood at $685 per ton in 2021, leveling off at the previous year.

This report provides an in-depth analysis of the milk market 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:

FCL 1130 - Camel milk
FCL 882 - Cow milk, whole (fresh)
FCL 1020 - Goat milk
FCL 982 - Sheep milk
FCL 951 - Buffalo milk
FCL 888 - Skim Milk of Cows

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023