Report Update Nov 1, 2024

Venezuela - Sweet Corn Prepared or Preserved - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Preserved Sweet Corn Market 2024

Preserved Sweet Corn Market Size in Venezuela

In 2022, after three years of growth, there was significant decline in the Venezuelan preserved sweet corn market, when its value decreased by -24.5% to $X. Over the period under review, consumption faced a abrupt downturn. Preserved sweet corn consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Preserved Sweet Corn Exports

Exports from Venezuela

In 2022, after three years of decline, there was significant growth in shipments abroad of sweet corn prepared or preserved, when their volume increased by 50% to X kg. In general, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 4,106% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, preserved sweet corn exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2018 when exports increased by 3,455%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Colombia (X kg) was the main destination for preserved sweet corn exports from Venezuela, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Colombia totaled -7.3%.

In value terms, Colombia ($X) also remains the key foreign market for sweet corn prepared or preserved exports from Venezuela.

From 2012 to 2022, the average annual rate of growth in terms of value to Colombia stood at -7.3%.

Export Prices by Country

The average preserved sweet corn export price stood at $X per ton in 2022, falling by -22.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 51% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -0.1% per year.

Preserved Sweet Corn Imports

Imports into Venezuela

In 2022, after three years of growth, there was significant decline in overseas purchases of sweet corn prepared or preserved, when their volume decreased by -22.8% to X tons. Over the period under review, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 151%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, preserved sweet corn imports reduced dramatically to $X in 2022. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 156% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest preserved sweet corn supplier to Venezuela, accounting for a 38% share of total imports. Moreover, preserved sweet corn imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Ecuador (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil totaled +29.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+12.7% per year) and Ecuador (-10.8% per year).

In value terms, Brazil ($X) constituted the largest supplier of sweet corn prepared or preserved to Venezuela, comprising 41% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Ecuador, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to +29.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.3% per year) and Ecuador (-16.5% per year).

Import Prices by Country

The average preserved sweet corn import price stood at $X per ton in 2022, with a decrease of -2.6% against the previous year. Overall, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 7.9%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, 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 ($X per ton), while the price for Thailand ($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 (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sweet corn prepared or preserved in the world?

The countries with the highest volumes of preserved sweet corn consumption in 2021 were the United States, Russia and France, together accounting for 57% of global consumption.

What are the largest producers of sweet corn prepared or preserved in the world?

The countries with the highest volumes of preserved sweet corn production in 2021 were the United States, Russia and Thailand, with a combined 66% share of global production.

What are the leading suppliers of sweet corn prepared or preserved to Venezuela?

In value terms, Ecuador constituted the largest supplier of preserved sweet corn to Venezuela, comprising 38% of total imports. The second position in the ranking was occupied by China, with a 12% share of total imports. It was followed by the United States, with an 11% share.

What are the leading importers of sweet corn prepared or preserved from Venezuela?

In value terms, Colombia $184) remains the key foreign market for preserved sweet corn exports from Venezuela.

What is the average export price for sweet corn prepared or preserved in Venezuela?

In 2021, the average preserved sweet corn export price amounted to $1,546 per ton, growing by 4.1% against the previous year.

What is the average import price for sweet corn prepared or preserved in Venezuela?

The average preserved sweet corn import price stood at $1,096 per ton in 2021, remaining stable against the previous year.

This report provides an in-depth analysis of the preserved sweet corn 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 448 - Sweet Corn, Prepared or Preserved

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, HARVESTED AREA 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. Area Harvested, 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