Venezuela: Cabbage Market Overview 2021

Cabbage Market Size in Venezuela

In 2019, the Venezuelan cabbage market increased by X% to $X, rising for the second year in a row after three years of decline. Overall, the total consumption indicated measured growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2017 indices. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2015 to 2019, the growth of the market remained at a lower figure.

Cabbage Production in Venezuela

In value terms, cabbage production amounted to $X in 2019 estimated in export prices. In general, production saw a remarkable increase. The growth pace was the most rapid in 2014 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2015 to 2019, production growth remained at a somewhat lower figure.

In 2019, the average yield of cabbage and other brassicas in Venezuela fell modestly to X tonnes per ha, reducing by -X% on 2018. Overall, the yield recorded a pronounced contraction. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tonnes per ha. From 2010 to 2019, the growth of the average cabbage yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cabbage harvested area in Venezuela rose significantly to X ha in 2019, growing by X% on the year before. Overall, the total harvested area indicated a strong expansion from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cabbage harvested area increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to cabbage production reached the maximum in 2019 and is likely to see gradual growth in the immediate term.

Cabbage Exports

Exports from Venezuela

In 2019, approx. X tonnes of cabbage and other brassicas were exported from Venezuela; waning by -X% on the previous year. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Exports peaked at X tonnes in 2009; however, from 2010 to 2019, exports stood at a somewhat lower figure.

In value terms, cabbage exports declined to $X in 2019. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2015 to 2019, the growth exports remained at a somewhat lower figure.

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 2019, the average annual rate of growth in terms of volume to Aruba stood at -X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value to Aruba totaled -X%.

Export Prices by Country

In 2019, the average cabbage export price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible increase. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average export prices failed to regain the momentum.

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

From 2007 to 2019, the rate of growth in terms of prices for Aruba amounted to +X% per year.

Cabbage Imports

Imports into Venezuela

In 2019, overseas purchases of cabbage and other brassicas decreased by X% to X kg, falling for the second consecutive year after three years of growth. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, cabbage imports stood at $X in 2019. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

In 2017, El Salvador (X kg) was the main supplier of cabbage to Venezuela, with a approx. X% share of total imports.

From 2007 to 2017, the average annual growth rate of volume from El Salvador totaled +X%.

In value terms, El Salvador ($X) constituted the largest supplier of cabbage to Venezuela.

From 2007 to 2017, the average annual rate of growth in terms of value from El Salvador amounted to +X%.

Import Prices by Country

The average cabbage import price stood at $X per tonne in 2017, rising by X% against the previous year. In general, the import price saw a resilient increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked in 2017 and is likely to see steady growth in years to come.

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

From 2007 to 2017, the rate of growth in terms of prices for El Salvador amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cabbage and other brassicas in the world?

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China (33M tonnes) remains the largest cabbage consuming country worldwide, comprising approx. 46% of total volume. Moreover, cabbage consumption in China exceeded the figures recorded by the second-largest consumer, India (9.5M tonnes), threefold. Russia (2.6M tonnes) ranked third in terms of total consumption with a 3.7% share.

What are the largest producers of cabbage and other brassicas in the world?

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The country with the largest volume of cabbage production was China (33M tonnes), accounting for 48% of total volume. Moreover, cabbage production in China exceeded the figures recorded by the second-largest producer, India (9.4M tonnes), fourfold. The third position in this ranking was occupied by South Korea (2.5M tonnes), with a 3.6% share.

What are the leading suppliers of cabbage and other brassicas to Venezuela?

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In value terms, El Salvador ($579) constituted the largest supplier of cabbage to Venezuela.

What are the leading importers of cabbage and other brassicas from Venezuela?

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In value terms, Aruba ($8.1K) remains the key foreign market for cabbage exports from Venezuela.

What is the average export price for cabbage and other brassicas in Venezuela?

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The average cabbage export price stood at $369 per tonne in 2019, increasing by 2.3% against the previous year.

What is the average import price for cabbage and other brassicas in Venezuela?

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The average cabbage import price stood at $2,225 per tonne in 2017, picking up by 46% against the previous year.