Venezuela: Vegetable Market 2025

Vegetable Market Size in Venezuela

The Venezuelan vegetable market reached $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Vegetable consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Vegetable Production in Venezuela

In value terms, vegetable production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of vegetables in Venezuela stood at X tons per ha in 2022, approximately reflecting the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2019 to 2022, the growth of the average vegetable yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of vegetables were harvested in Venezuela; falling by X% compared with 2021. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to vegetable production attained the peak figure at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Vegetable Exports

Exports from Venezuela

In 2022, overseas shipments of vegetables were finally on the rise to reach X tons after two years of decline. In general, exports, however, continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, vegetable exports reduced slightly to $X in 2022. Overall, exports, however, continue to indicate a slight slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume to Aruba totaled X%.

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

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

Export Prices by Country

In 2022, the average vegetable export price amounted to $X per ton, dropping by X% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price 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, vegetable export price increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then fell slightly in the following year.

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 X% per year.

Vegetable Imports

Imports into Venezuela

In 2022, approx. X tons of vegetables were imported into Venezuela; with an increase of X% compared with 2021 figures. Overall, imports, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, vegetable imports amounted to $X in 2022. In general, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Dominican Republic (X tons) constituted the largest vegetable supplier to Venezuela, accounting for a X% share of total imports. Moreover, vegetable imports from the Dominican Republic exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was held by Trinidad and Tobago (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Dominican Republic amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Trinidad and Tobago (X% per year).

In value terms, the largest vegetable suppliers to Venezuela were the Dominican Republic ($X), the United States ($X) and Trinidad and Tobago ($X), with a combined X% share of total imports.

The Dominican Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vegetable import price stood at $X per ton in 2022, almost unchanged from the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price 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, vegetable import price decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 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 the United States ($X per ton), while the price for the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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