Report Update Nov 1, 2024

Venezuela - Wine of Fresh Grapes (Except Sparkling Wine) - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Venezuela

In 2022, the Venezuelan wine of fresh grapes market increased by 15% to $X, rising for the fourth consecutive year after four years of decline. Overall, consumption, however, showed a deep slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Venezuela

In 2022, after two years of growth, there was significant decline in overseas shipments of wine of fresh grapes (except sparkling wine), when their volume decreased by -91.7% to X litres. Over the period under review, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2015 when exports increased by 1,912% against the previous year. Over the period under review, the exports reached the peak figure at X litres in 2021, and then fell notably in the following year.

In value terms, wine of fresh grapes exports fell significantly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 808%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X litres) was the main destination for wine of fresh grapes exports from Venezuela, accounting for a approx. 0.6% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Spain amounted to +58.5%.

In value terms, Spain ($X) emerged as the key foreign market for wine of fresh grapes (except sparkling wine) exports from Venezuela.

From 2012 to 2022, the average annual growth rate of value to Spain amounted to +82.3%.

Export Prices by Country

The average wine of fresh grapes export price stood at $X per litre in 2022, with an increase of 139% against the previous year. Over the period under review, the export price, however, showed a abrupt slump. The export price peaked at $X per litre in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +28.3% per year.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Venezuela

In 2022, supplies from abroad of wine of fresh grapes (except sparkling wine) increased by 33% to X litres, rising for the fourth consecutive year after two years of decline. Overall, imports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2019 when imports increased by 197%. Over the period under review, imports reached the maximum at X litres in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wine of fresh grapes imports expanded sharply to $X in 2022. Over the period under review, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2019 when imports increased by 207% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X litres), Chile (X litres) and Argentina (X litres) were the main suppliers of wine of fresh grapes imports to Venezuela, with a combined 53% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +11.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest wine of fresh grapes suppliers to Venezuela were Spain ($X), Chile ($X) and Argentina ($X), together comprising 50% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +1.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wine of fresh grapes import price stood at $X per litre in 2022, dropping by -17.1% against the previous year. Over the period under review, the import price continues to indicate a mild decrease. The growth pace was the most rapid in 2014 an increase of 33%. Over the period under review, average import prices reached the peak figure at $X per litre in 2015; however, from 2016 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 Italy ($X per litre), while the price for Spain ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+0.1%), 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 wine of fresh grapes (except sparkling wine) in the world?

China constituted the country with the largest volume of wine of fresh grapes consumption, comprising approx. 33% of total volume. Moreover, wine of fresh grapes consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by France, with a 5.5% share.

What are the largest producers of wine of fresh grapes (except sparkling wine) in the world?

The country with the largest volume of wine of fresh grapes production was China, accounting for 32% of total volume. Moreover, wine of fresh grapes production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Spain, with a 7.1% share.

What are the leading suppliers of wine of fresh grapes (except sparkling wine) to Venezuela?

In value terms, Spain, Chile and Italy appeared to be the largest wine of fresh grapes suppliers to Venezuela, with a combined 95% share of total imports.

What is the average export price for wine of fresh grapes (except sparkling wine) in Venezuela?

The average wine of fresh grapes export price stood at $2.3 per litre in 2021, which is down by -63.2% against the previous year.

What is the average import price for wine of fresh grapes (except sparkling wine) in Venezuela?

In 2021, the average wine of fresh grapes import price amounted to $2.6 per litre, with an increase of 5.7% against the previous year.

This report provides an in-depth analysis of the market for wine of fresh grapes 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:

Prodcom 11021211 - White wine with a protected designation of origin (PDO)
Prodcom 11021215 - Wine and grape must with fermentation prevented or arrested by the addition of alcohol, put up with pressure of CO2 in solution . 1 bar < 3, a t .20
Prodcom 11021217 - Quality wine and grape must with fermentation prevented or arrested by the addition of alcohol, with a protected designation of origin (PDO) produced of an alcoholic strength of . .15 % (excluding white wine and sparkling wine)
Prodcom 11021220 - Wine and grape must with fermentation prevented or arrested by the addition of alcohol, of an alcoholic strength . .15 % (excluding sparkling wine and wine (PDO))
Prodcom 11021231 - Port, Madeira, Sherry and other > .15 % alcohol

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023