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Venezuela - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVenezuela: Avocado Market 2024
Avocado Market Size in Venezuela
The Venezuelan avocado market reduced to $X in 2022, approximately equating the previous year. In general, consumption, however, posted a strong expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.
Avocado Production in Venezuela
In value terms, avocado production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Avocado production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.
In 2022, the average yield of avocados in Venezuela stood at X tons per ha, leveling off at 2021 figures. In general, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the average avocado 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.
The avocado harvested area in Venezuela shrank slightly to X ha in 2022, leveling off at 2021 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to avocado production attained the maximum at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.
Avocado Exports
Exports from Venezuela
In 2022, overseas shipments of avocados were finally on the rise to reach X tons for the first time since 2015, thus ending a six-year declining trend. Overall, exports, however, recorded a sharp reduction. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.
In value terms, avocado exports skyrocketed to $X in 2022. In general, exports, however, recorded a significant decrease. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.
Exports by Country
Aruba (X tons) was the main destination for avocado exports from Venezuela, with a X% share of total exports. It was followed by Spain (X kg), with a X% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to Aruba totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Colombia (X% per year).
In value terms, Aruba ($X) remains the key foreign market for avocados exports from Venezuela, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Aruba stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Colombia (X% per year).
Export Prices by Country
The average avocado export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, showed resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then fell in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Aruba ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (X%), while the prices for the other major destinations experienced mixed trend patterns.
Avocado Imports
Imports into Venezuela
In 2022, imports of avocados into Venezuela totaled X kg, approximately equating 2021. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X kg in 2015; however, from 2016 to 2022, imports failed to regain momentum.
In value terms, avocado imports amounted to $X in 2022. In general, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, Peru (X kg) was the main avocado supplier to Venezuela, accounting for a approx. X% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from Peru amounted to X%.
In value terms, Peru ($X) constituted the largest supplier of avocados to Venezuela.
From 2012 to 2022, the average annual growth rate of value from Peru totaled X%.
Import Prices by Country
In 2022, the average avocado import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the import price recorded prominent growth. The growth pace was the most rapid in 2017 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to X% per year.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the avocado 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 572 - Avocados
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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