Venezuela: Non-Decaffeinated Roasted Coffee Market 2024

Non-Decaffeinated Roasted Coffee Market Size in Venezuela

The Venezuelan non-decaffeinated roasted coffee market reduced modestly to $X in 2022, falling by X% against the previous year. Overall, consumption continues to indicate a abrupt decrease. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Non-Decaffeinated Roasted Coffee Production in Venezuela

In value terms, non-decaffeinated roasted coffee production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a drastic downturn. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Non-Decaffeinated Roasted Coffee Exports

Exports from Venezuela

In 2022, after four years of growth, there was significant decline in shipments abroad of roasted coffee (not decaffeinated), when their volume decreased by X% to X tons. In general, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, non-decaffeinated roasted coffee exports plummeted to $X in 2022. Over the period under review, exports, however, posted modest growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Germany (X tons) and the United States (X tons) were the main destinations of non-decaffeinated roasted coffee exports from Venezuela.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%).

In value terms, Germany ($X) remains the key foreign market for roasted coffee (not decaffeinated) exports from Venezuela, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%.

Export Prices by Country

The average non-decaffeinated roasted coffee export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Non-Decaffeinated Roasted Coffee Imports

Imports into Venezuela

In 2022, supplies from abroad of roasted coffee (not decaffeinated) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, non-decaffeinated roasted coffee imports reduced dramatically to $X in 2022. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. Imports peaked at $X in 2021, and then fell rapidly in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest non-decaffeinated roasted coffee supplier to Venezuela, with a X% share of total imports. Moreover, non-decaffeinated roasted coffee imports from Italy exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was taken by Brazil (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Brazil (X% per year).

In value terms, Italy ($X) constituted the largest supplier of roasted coffee (not decaffeinated) to Venezuela, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Brazil (X% per year).

Import Prices by Country

The average non-decaffeinated roasted coffee import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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