Venezuela: Nuts Market 2025

Nuts Market Size in Venezuela

The Venezuelan nuts market dropped notably to $X in 2022, which is down by X% against the previous year. In general, consumption showed a sharp decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Nuts Production in Venezuela

In value terms, nuts production amounted to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

In 2022, the average nuts yield in Venezuela totaled less than X kg per ha, approximately mirroring the year before. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of nuts production in Venezuela amounted to less than X ha, stabilizing at 2021. In general, the harvested area showed a relatively flat trend pattern.

Nuts Exports

Exports from Venezuela

In 2022, the amount of nuts exported from Venezuela contracted slightly to X tons, waning by X% on the previous year's figure. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, nuts exports declined slightly to $X in 2022. Over the period under review, exports, however, saw a mild expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for nuts exports from Venezuela, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to India was relatively modest.

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

From 2012 to 2022, the average annual rate of growth in terms of value to India amounted to X%.

Export Prices by Country

The average nuts export price stood at $X per ton in 2022, approximately mirroring the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Nuts Imports

Imports into Venezuela

In 2022, nuts imports into Venezuela declined dramatically to X tons, falling by X% against the previous year's figure. Over the period under review, imports faced a sharp shrinkage. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, nuts imports contracted dramatically to $X in 2022. Overall, imports faced a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Chile (X tons), the United States (X tons) and Spain (X tons) were the main suppliers of nuts imports to Venezuela, together accounting for X% of total imports. Portugal, Italy and Turkey lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Chile ($X) and Turkey ($X) were the largest nuts suppliers to Venezuela, together accounting for X% of total imports.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average nuts import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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