Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Venezuela - 2022

Contents:

  1. Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Venezuela (CIF) - 2022
  2. Imports of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Venezuela

Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Venezuela (CIF) - 2022

The average import price for vegetables stood at $1,753 per ton in 2022, surging by 1.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 1.8%. Over the period under review, average import prices attained the maximum at $1,857 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,970 per ton), while the price for Morocco amounted to $1,752 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.9%).

Imports of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Venezuela

In 2022, imports of vegetables into Venezuela surged to 7.3K tons, picking up by 18% on 2021 figures. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables soared to $13M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco7.38.810.512.620.0%
Others0.10.10.10.10.0%
Total7.48.910.612.820.0%

Top Suppliers of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Venezuela in 2022:

  1. Morocco (7.2K tons)

Source: IndexBox Market Intelligence Platform

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