Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Venezuela - 2022

Contents:

  1. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Venezuela (CIF) - 2022
  2. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Venezuela (FOB) - 2022
  3. Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Venezuela
  4. Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Venezuela

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Venezuela (CIF) - 2022

The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $2,230 per ton in 2022, declining by -4.5% against the previous year. Overall, the import price recorded a pronounced reduction. The growth pace was the most rapid in 2015 an increase of 38%. As a result, import price reached the peak level of $4,007 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($6,800 per ton), while the price for Guatemala ($998 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Venezuela (FOB) - 2022

In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,765 per ton, remaining stable against the previous year. Overall, the export price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2013 an increase of 38%. The export price peaked at $5,459 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Colombia amounted to +14.2% per year.

Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Venezuela

After three years of growth, supplies from abroad of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -17% to 934 tons in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 418%.

In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses fell remarkably to $2.1M in 2022. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 403% against the previous year.

Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey48.46181,3161,070180.7%
United States10655789765283.2%
Colombia28.553.264.215375.1%
Chile57.047.315311124.9%
Senegal20.512511147.832.6%
Suriname7.915.922.410.911.3%
Others38.112364.339.21.0%
Total3061,5382,6272,08389.5%

Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Venezuela in 2022:

  1. Turkey (521.3 tons)
  2. United States (304.8 tons)
  3. Senegal (34.3 tons)
  4. Colombia (33.6 tons)
  5. Chile (23.4 tons)
  6. Suriname (7.2 tons)

Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Venezuela

In 2022, after two years of decline, there was significant growth in overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume increased by 12% to 1.5 tons. Over the period under review, exports, however, faced a precipitous shrinkage.

In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses rose significantly to $4.1K in 2022. In general, exports, however, recorded a sharp downturn.

Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Aruba9.14.53.64.0-24.0%
Others0.30.10.10.1-30.7%
Total9.44.63.74.1-24.2%

Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Venezuela in 2022:

  1. Aruba (1475.0 kg)

Source: IndexBox Market Intelligence Platform

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