Venezuela: Cabbage Market Overview 2020

Cabbage Market Size in Venezuela

The revenue of the cabbage market in Venezuela amounted to $X in 2018, going up by X% against the previous year. Over the period under review, the total market indicated a moderate expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cabbage consumption decreased by -X% against 2014 indices. The growth pace was the most rapid in 2014 when the market value increased by X% year-to-year. In that year, the cabbage market reached its peak level of $X. From 2015 to 2018, the growth of the cabbage market remained at a lower figure.

Cabbage Production in Venezuela

In value terms, cabbage production totaled $X in 2018 estimated in export prices. In general, cabbage production continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2014 when production volume increased by X% year-to-year. In that year, cabbage production attained its peak level of $X. From 2015 to 2018, cabbage production growth remained at a lower figure.

In 2018, the average cabbage yield in Venezuela totaled X tonne per ha, falling by -X% against the previous year. In general, the cabbage yield continues to indicate a moderate slump. The pace of growth was the most pronounced in 2009 when yield increased by X% against the previous year. In that year, the average cabbage yield reached its peak level of X tonne per ha. From 2010 to 2018, the growth of the average cabbage yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of cabbage and other brassicas production in Venezuela totaled X ha, increasing by X% against the previous year. In general, the total harvested area indicated notable growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cabbage harvested area increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2010 when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to cabbage production reached its maximum at X ha in 2015; however, from 2016 to 2018, harvested area stood at a somewhat lower figure.

Cabbage Exports

Exports from Venezuela

In 2018, the amount of cabbage and other brassicas exported from Venezuela amounted to X tonnes, increasing by X% against the previous year. Over the period under review, cabbage exports, however, continue to indicate an abrupt descent. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, cabbage exports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, cabbage exports totaled $X in 2018. Overall, cabbage exports, however, continue to indicate a drastic slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

Aruba (X tonnes) was the main destination for cabbage exports from Venezuela, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Aruba amounted to -X%.

In value terms, Aruba ($X) also remains the key foreign market for cabbage exports from Venezuela.

From 2007 to 2018, the average annual growth rate of value to Aruba stood at -X%.

Export Prices by Country

The average cabbage export price stood at $X per tonne in 2018, picking up by X% against the previous year. In general, the export price indicated a measured increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cabbage export price decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% y-o-y. In that year, the average export prices for cabbage and other brassicas reached their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average export prices for cabbage and other brassicas remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Aruba.

From 2007 to 2018, the rate of growth in terms of prices for Aruba amounted to +X% per year.

Cabbage Imports

Imports into Venezuela

In 2018, the amount of cabbage and other brassicas imported into Venezuela totaled X kg, dropping by -X% against the previous year. Overall, cabbage imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, cabbage imports reached their peak figure at X kg in 2017, and then declined slightly in the following year.

In value terms, cabbage imports amounted to $X in 2018. In general, cabbage imports, however, continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. In that year, cabbage imports reached their peak of $X, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (X kg) was the main supplier of cabbage to Venezuela, with a X% share of total imports. It was followed by El Salvador (X kg), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from the U.S. stood at +X%.

In value terms, the U.S. ($X) constituted the largest supplier of cabbage to Venezuela, comprising X% of total cabbage imports. The second position in the ranking was occupied by El Salvador ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from the U.S. amounted to +X%.

Import Prices by Country

In 2018, the average cabbage import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price indicated a measured increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cabbage import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2014 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for cabbage and other brassicas reached their maximum at $X per tonne in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was El Salvador ($X per tonne), while the price for the U.S. amounted to $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by El Salvador.

Source: IndexBox AI Platform