Goats; Live Price in Venezuela - 2022

Goats; Live Price in Venezuela (CIF) - 2022

The average goats; live import price stood at $306 per unit in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, enjoyed a significant increase. The growth pace was the most rapid in 2019 an increase of 70%. Over the period under review, average import prices attained the maximum at $308 per unit in 2021, and then fell in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +14.7% per year.

Goats; Live Imports in Venezuela

In 2022, after three years of growth, there was significant decline in overseas purchases of goats; lives, when their volume decreased by -91.2% to 18 units. Over the period under review, imports saw a precipitous contraction. The pace of growth was the most pronounced in 2020 when imports increased by 156%. Over the period under review, imports reached the maximum at 205 units in 2021, and then declined rapidly in the following year.

In value terms, goats; live imports fell notably to $5.5K in 2022. In general, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 160% against the previous year. Imports peaked at $63K in 2021, and then contracted significantly in the following year.