Venezuela: Veterinary Medicine Vaccines Market 2024

Veterinary Medicine Vaccines Market Size in Venezuela

The Venezuelan veterinary medicine vaccines market rose sharply to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, faced a deep setback. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Veterinary Medicine Vaccines Exports

Exports from Venezuela

After two years of growth, overseas shipments of vaccines for veterinary medicine decreased by X% to X kg in 2022. Over the period under review, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, veterinary medicine vaccines exports declined slightly to $X in 2022. Overall, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Indonesia (X kg), Taiwan (Chinese) (X kg) and Pakistan (X kg) were the main destinations of veterinary medicine vaccines exports from Venezuela, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for veterinary medicine vaccines exported from Venezuela were Pakistan ($X), Indonesia ($X) and Taiwan (Chinese) ($X), together comprising X% of total exports.

Among the main countries of destination, Pakistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average veterinary medicine vaccines export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price showed a resilient expansion. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X,600 per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Veterinary Medicine Vaccines Imports

Imports into Venezuela

Veterinary medicine vaccines imports into Venezuela was estimated at X tons in 2022, surging by X% on the previous year's figure. Overall, imports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, veterinary medicine vaccines imports rose rapidly to $X in 2022. In general, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Cuba (X tons) and Mexico (X tons) were the main suppliers of veterinary medicine vaccines imports to Venezuela, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Cuba ($X) constituted the largest supplier of vaccines for veterinary medicine to Venezuela, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Cuba totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2022, the average veterinary medicine vaccines import price amounted to $X per ton, approximately equating the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, veterinary medicine vaccines import price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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