Venezuela - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVenezuela: Paddy Rice Market 2024
Paddy Rice Market Size in Venezuela
The Venezuelan paddy rice market rose sharply to $X in 2023, growing by X% against the previous year. In general, consumption, however, continues to indicate a pronounced contraction. Paddy rice consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.
Paddy Rice Production in Venezuela
In value terms, paddy rice production reached $X in 2023 estimated in export price. In general, production, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Paddy rice production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.
The average yield of paddy rice in Venezuela amounted to X tons per ha in 2023, remaining constant against 2022 figures. Overall, the yield, however, saw a slight decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the average paddy rice yield reached the peak level at X tons per ha in 2014; however, from 2015 to 2023, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2023, the harvested area of paddy rice in Venezuela rose modestly to X ha, growing by X% against 2022 figures. Overall, the harvested area, however, recorded a slight descent. The pace of growth appeared the most rapid in 2017 with an increase of X%. The paddy rice harvested area peaked at X ha in 2014; however, from 2015 to 2023, the harvested area stood at a somewhat lower figure.
Paddy Rice Exports
Exports from Venezuela
In 2018, approx. X tons of paddy rice were exported from Venezuela; therefore, remained relatively stable against the previous year's figure. Overall, exports showed a significant increase. The smallest decline of X% was in 2017. Over the period under review, the exports attained the maximum in 2018 and are likely to see steady growth in the immediate term.
In value terms, paddy rice exports stood at $X in 2018. In general, exports posted a significant expansion. The smallest decline of X% was in 2017. The exports peaked in 2018 and are likely to continue growth in years to come.
Exports by Country
Panama (X tons) was the main destination for paddy rice exports from Venezuela, with a approx. X% share of total exports.
From 2013 to 2018, the average annual rate of growth in terms of volume to Panama was relatively modest.
From 2013 to 2018, the average annual growth rate of value to Panama was relatively modest.
Export Prices by Country
The average paddy rice export price stood at $X per ton in 2018, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a sharp setback. The growth pace was the most rapid in 2017 when the average export price decreased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2018, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Panama.
From 2013 to 2018, the rate of growth in terms of prices for Montenegro amounted to X% per year.
Paddy Rice Imports
Imports into Venezuela
In 2023, paddy rice imports into Venezuela soared to X tons, increasing by X% compared with the previous year's figure. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of imports failed to regain momentum.
In value terms, paddy rice imports skyrocketed to $X in 2023. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, Brazil (X tons) constituted the largest paddy rice supplier to Venezuela, with a X% share of total imports. Moreover, paddy rice imports from Brazil exceeded the figures recorded by the second-largest supplier, Uruguay (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and the United States (X% per year).
In value terms, Brazil ($X) constituted the largest supplier of paddy rice to Venezuela, comprising X% of total imports. The second position in the ranking was held by Uruguay ($X), with a X% share of total imports. It was followed by the United States, with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and the United States (X% per year).
Import Prices by Country
In 2023, the average paddy rice import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Guyana ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uruguay (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the paddy rice 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 27 - Rice, paddy
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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