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Venezuela - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
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Venezuela: Chili And Pepper Market Overview 2021

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Chili And Pepper Market Size in Venezuela

The Venezuelan chili and pepper market was estimated at $X in 2020, stabilizing at the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. from 2012 to 2020, the growth of the market remained at a lower figure.

Chili And Pepper Production in Venezuela

In value terms, chili and pepper production shrank modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, production reached the peak level of $X. from 2012 to 2020, production growth failed to regain the momentum.

The average yield of chilies and peppers (green) in Venezuela reduced slightly to X tonnes per ha in 2020, declining by -X% against the previous year. In general, the yield continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tonnes per ha. from 2010 to 2020, the growth of the average chili and pepper 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.

In 2020, approx. X ha of chilies and peppers (green) were harvested in Venezuela; with an increase of X% compared with the year before. Overall, the total harvested area indicated measured growth from 2007 to 2020: its figure increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, chili and pepper harvested area increased by +X% against 2018 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 chili and pepper production reached the peak figure at X ha in 2011; however, from 2012 to 2020, the harvested area stood at a somewhat lower figure.

Chili And Pepper Exports

Exports from Venezuela

In 2020, the amount of chilies and peppers (green) exported from Venezuela rose remarkably to X tonnes, with an increase of X% compared with the previous year's figure. Over the period under review, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, chili and pepper exports reached $X in 2020. Overall, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Exports peaked 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 chili and pepper exports from Venezuela, with a approx. X% share of total exports.

From 2007 to 2020, 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 chili and pepper 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 chili and pepper export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, 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 2007 to 2020, the rate of growth in terms of prices for Aruba amounted to -X% per year.

Chili And Pepper Imports

Imports into Venezuela

In 2020, purchases abroad of chilies and peppers (green) increased by X% to X tonnes, rising for the fifth consecutive year after eight years of decline. Overall, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

In value terms, chili and pepper imports soared to $X in 2020. In general, imports showed a notable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, the U.S. (X tonnes) was the main chili and pepper supplier to Venezuela, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from the U.S. amounted to +X%.

In value terms, the U.S. ($X) constituted the largest supplier of chili and pepper to Venezuela.

From 2007 to 2020, the average annual growth rate of value from the U.S. stood at +X%.

Import Prices by Country

In 2020, the average chili and pepper import price amounted to $X per tonne, standing approx. at the previous year. In general, the import price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chilies and peppers (green) in the world?
+
China (19M tonnes) remains the largest chili and pepper consuming country worldwide, comprising approx. 50% of total volume. Moreover, chili and pepper consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia (2.8M tonnes), sevenfold. Turkey (2.6M tonnes) ranked third in terms of total consumption with a 6.6% share.
What are the largest producers of chilies and peppers (green) in the world?
+
China (19M tonnes) remains the largest chili and pepper producing country worldwide, comprising approx. 50% of total volume. Moreover, chili and pepper production in China exceeded the figures recorded by the second-largest producer, Mexico (3.4M tonnes), sixfold. Indonesia (2.8M tonnes) ranked third in terms of total production with a 7.1% share.
What are the leading suppliers of chilies and peppers (green) to Venezuela?
+
In value terms, the U.S. ($6.5K) constituted the largest supplier of chili and pepper to Venezuela.
What are the leading importers of chilies and peppers (green) from Venezuela?
+
In value terms, Aruba ($103K) remains the key foreign market for chili and pepper exports from Venezuela.
What is the average export price for chilies and peppers (green) in Venezuela?
+
The average chili and pepper export price stood at $624 per tonne in 2020, waning by -1.8% against the previous year.
What is the average import price for chilies and peppers (green) in Venezuela?
+
In 2020, the average chili and pepper import price amounted to $1,327 per tonne, flattening at the previous year.

Product coverage:
• FCL 401 - Chillies and peppers (green)

This report provides an in-depth analysis of the chili and pepper market in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Venezuela

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Venezuela
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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