Flakes; of Potatoes Price in Venezuela - 2022

Contents:

  1. Flakes; of Potatoes Price in Venezuela (CIF) - 2022
  2. Flakes; of Potatoes Imports in Venezuela

Flakes; of Potatoes Price in Venezuela (CIF) - 2022

In 2022, the average flakes; of potatoes import price amounted to $1,320 per ton, falling by -6.7% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flakes; of potatoes import price increased by +95.3% against 2016 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 17% against the previous year. The import price peaked at $1,415 per ton in 2021, and then reduced in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($1,515 per ton), while the price for Mexico ($1,033 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Imports in Venezuela

After three years of growth, supplies from abroad of flakes; of potatoeses decreased by -5.9% to 16 tons in 2022. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 14%.

In value terms, flakes; of potatoes imports declined to $21K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 33% against the previous year.

Import of Flakes; of Potatoes in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina9.011.915.813.915.6%
Mexico4.25.57.46.515.7%
United States0.30.50.60.518.6%
Others0.10.10.1N/A0.0%
Total13.618.023.921.015.6%

Top Suppliers of Flakes; of Potatoes to Venezuela in 2022:

  1. Argentina (9.2 tons)
  2. Mexico (6.3 tons)
  3. United States (0.4 tons)

Source: IndexBox Market Intelligence Platform

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