Venezuela - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChili and Pepper Price in Venezuela - 2022
Contents:
- Chili and Pepper Price in Venezuela (FOB) - 2022
- Chili and Pepper Price in Venezuela (CIF) - 2022
- Chili and Pepper Exports in Venezuela
- Chili and Pepper Imports in Venezuela
Chili and Pepper Price in Venezuela (FOB) - 2022
In 2022, the average chili and pepper export price amounted to $1,698 per ton, remaining relatively unchanged against the previous year. In general, the export price posted prominent growth. The pace of growth appeared the most rapid in 2018 an increase of 47%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
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 +8.2% per year.
Chili and Pepper Price in Venezuela (CIF) - 2022
In 2022, the average chili and pepper import price amounted to $1,429 per ton, shrinking by -24.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 87% against the previous year. Over the period under review, average import prices hit record highs at $2,975 per ton 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 Aruba ($2,574 per ton), while the price for Peru totaled $1,429 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Aruba (+5.9%), while the prices for the other major suppliers experienced a decline.
Chili and Pepper Exports in Venezuela
For the third year in a row, Venezuela recorded decline in shipments abroad of chilies and peppers (green), which decreased by -1.4% to 1.3 tons in 2022. Overall, exports showed a slight decrease. The smallest decline of -1.4% was in 2020.
In value terms, chili and pepper exports fell to $2.1K in 2022. In general, exports recorded a relatively flat trend pattern. The smallest decline of -0.4% was in 2020.
Export of Chili and Pepper in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Aruba | 2.2 | 2.2 | 2.1 | 2.1 | -1.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.2 | 2.2 | 2.1 | 2.1 | -1.5% |
Top Export Markets for Chili and Pepper from Venezuela in 2022:
- Aruba (1.3 tons)
Chili and Pepper Imports in Venezuela
For the third consecutive year, Venezuela recorded decline in supplies from abroad of chilies and peppers (green), which decreased by -12.5% to 70 kg in 2022. Overall, imports showed a abrupt slump. The smallest decline of -6.5% was in 2020.
In value terms, chili and pepper imports contracted rapidly to $100 in 2022. Over the period under review, imports continue to indicate a sharp contraction. The smallest decline of -18.6% was in 2020.
Import of Chili and Pepper in Venezuela (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Aruba | 220 | 10.0 | 150 | 139 | -14.2% |
Peru | 8.0 | 1.0 | 1.0 | 30.0 | 55.4% |
Dominican Republic | 3.0 | 1.0 | 1.0 | 1.0 | -30.7% |
United States | N/A | 177 | N/A | N/A | 0% |
Others | N/A | -1.0 | N/A | -70.0 | 736.7% |
Total | 231 | 188 | 152 | 100 | -24.4% |
Top Suppliers of Chili and Pepper to Venezuela in 2022:
- Aruba (54.0 kg)
- Peru (21.0 kg)
- Dominican Republic (1.0 kg)
This report provides an in-depth analysis of the chili and pepper 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 401 - Chillies and peppers (green)
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
-
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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This report provides an in-depth analysis of the global chili and pepper market.
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