Venezuela: Cabbage Market Overview 2021

Cabbage Market Size in Venezuela

In 2020, the Venezuelan cabbage market decreased by -X% to $X, falling for the sixth year in a row after two years of growth. Overall, consumption showed a pronounced curtailment. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2015 to 2020, the growth of the market failed to regain the momentum.

Cabbage Production in Venezuela

In value terms, cabbage production fell modestly to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2015 to 2020, production growth remained at a lower figure.

The average yield of cabbage and other brassicas in Venezuela dropped to X tonnes per ha in 2020, which is down by -X% compared with the previous year's figure. Over the period under review, the yield recorded a slight downturn. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. As a result, the yield attained the peak level of X tonnes per ha. from 2010 to 2020, the growth of the average cabbage yield remained at a somewhat 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 dropped slightly to X ha in 2020, standing approx. at the year before. Overall, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to cabbage production attained the peak figure at X ha in 2016; however, from 2017 to 2020, the harvested area failed to regain the momentum.

Cabbage Exports

Exports from Venezuela

In 2020, overseas shipments of cabbage and other brassicas decreased by -X% to X tonnes, falling for the sixth consecutive year after two years of growth. Overall, exports faced a abrupt decline. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, cabbage exports shrank to $X in 2020. In general, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports failed to regain the 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 2020, the average annual growth rate of volume to Aruba totaled -X%.

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

From 2007 to 2020, the average annual growth rate of value to Aruba stood at -X%.

Export Prices by Country

In 2020, the average cabbage export price amounted to $X per tonne, approximately reflecting the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average export prices 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 2020, the rate of growth in terms of prices for Aruba amounted to +X% per year.

Cabbage Imports

Imports into Venezuela

In 2020, supplies from abroad of cabbage and other brassicas was finally on the rise to reach X kg for the first time since 2017, thus ending a two-year declining trend. In general, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked at X kg in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, cabbage imports amounted to $X in 2020. Overall, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the Dominican Republic (X kg) was the main cabbage supplier to Venezuela, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from the Dominican Republic stood at +X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value from the Dominican Republic totaled +X%.

Import Prices by Country

In 2020, the average cabbage import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price continues to indicate a tangible expansion. The growth pace was the most rapid in 2014 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the rate of growth in terms of prices for the Dominican Republic amounted to +X% per year.

Source: IndexBox 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, accounting for 46% of total volume. Moreover, cabbage consumption in China exceeded the figures recorded by the second-largest consumer, India (9.5M tonnes), threefold. Russia (2.7M tonnes) ranked third in terms of total consumption with a 3.8% 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 (34M tonnes), accounting for 47% of total volume. Moreover, cabbage production in China exceeded the figures recorded by the second-largest producer, India (9.5M tonnes), fourfold. Russia (2.6M tonnes) ranked third in terms of total production with a 3.7% share.

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

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In value terms, the Dominican Republic ($274) 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 ($6.7K) 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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In 2020, the average cabbage export price amounted to $352 per tonne, approximately reflecting the previous year.

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

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In 2020, the average cabbage import price amounted to $3,079 per tonne, rising by 13% against the previous year.