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Venezuela - Potato - Market Analysis, Forecast, Size, Trends and Insights
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Venezuela: Potato Market Overview 2020

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Potato Market Size in Venezuela

The revenue of the potato market in Venezuela amounted to $X in 2018, falling by -X% against the previous year. In general, potato consumption continues to indicate an abrupt slump. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, the potato market attained its maximum level at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Potato Production in Venezuela

In value terms, potato production amounted to $X in 2018 estimated in export prices. Over the period under review, potato production continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Potato production peaked at $X in 2014; however, from 2015 to 2018, production remained at a lower figure.

In 2018, the average potato yield in Venezuela totaled X tonne per ha, leveling off at the previous year. Overall, the potato yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. In that year, the average potato yield attained its peak level of X tonne per ha. From 2013 to 2018, the growth of the average potato 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 potato harvested area in Venezuela stood at X ha, reducing by -X% against the previous year. Overall, the potato harvested area continues to indicate an abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Potato harvested area peaked at X ha in 2011; however, from 2012 to 2018, harvested area remained at a lower figure.

Potato Exports

Exports from Venezuela

Potato exports from Venezuela stood at X tonnes in 2018, reducing by -X% against the previous year. Overall, potato exports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2015 when exports decreased by -X% year-to-year. Over the period under review, potato exports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, potato exports stood at $X in 2018. Overall, potato exports continue to indicate a drastic setback. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

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

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

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

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

Export Prices by Country

The average potato export price stood at $X per tonne in 2018, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

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.

Potato Imports

Imports into Venezuela

In 2018, the amount of potatoes imported into Venezuela totaled X tonnes, increasing by X% against the previous year. Over the period under review, potato imports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Imports peaked at X tonnes in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

In value terms, potato imports amounted to $X in 2018. In general, potato imports, however, continue to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, potato imports attained their maximum at $X in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Ecuador (X tonnes) constituted the largest supplier of potato to Venezuela, accounting for a X% share of total imports. Moreover, potato imports from Ecuador exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), sevenfold. The third position in this ranking was occupied by Canada (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Ecuador was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Canada (-X% per year).

In value terms, Ecuador ($X) constituted the largest supplier of potato to Venezuela, comprising X% of total potato imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Ecuador totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and France (-X% per year).

Import Prices by Country

In 2018, the average potato import price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the potato import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2008 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for potatoes reached their maximum at $X per tonne in 2010; however, from 2011 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Ecuador, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• FCL 116 - Potatoes

This report provides an in-depth analysis of the potato 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 2030.


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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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