Venezuela: Vegetable And Melon Market 2024

Vegetable And Melon Market Size in Venezuela

The Venezuelan vegetable and melon market expanded slightly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Vegetable And Melon Production in Venezuela

In value terms, vegetable and melon production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

In 2022, the average yield of vegetables and melons in Venezuela was estimated at X tons per ha, remaining constant against the previous year. In general, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2019 to 2022, the growth of the average vegetable and melon 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 vegetable and melon harvested area in Venezuela reached X ha in 2022, standing approx. at 2021. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to vegetable and melon production reached the maximum at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

Vegetable And Melon Exports

Exports from Venezuela

Vegetable and melon exports from Venezuela amounted to X tons in 2022, therefore, remained relatively stable against the year before. Overall, exports, however, continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, vegetable and melon exports rose slightly to $X in 2022. In general, exports, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Aruba (X tons) was the main destination for vegetable and melon exports from Venezuela, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Aruba totaled X%.

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

From 2012 to 2022, the average annual growth rate of value to Aruba stood at X%.

Export Prices by Country

In 2022, the average vegetable and melon export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the 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 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to X% per year.

Vegetable And Melon Imports

Imports into Venezuela

Vegetable and melon imports into Venezuela rose to X tons in 2022, surging by X% on the previous year's figure. Over the period under review, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, vegetable and melon imports totaled $X in 2022. In general, imports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Dominican Republic (X tons) constituted the largest vegetable and melon supplier to Venezuela, with a X% share of total imports. Moreover, vegetable and melon imports from the Dominican Republic exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. Trinidad and Tobago (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Dominican Republic totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Trinidad and Tobago (X% per year).

In value terms, the Dominican Republic ($X), the United States ($X) and Trinidad and Tobago ($X) appeared to be the largest vegetable and melon suppliers to Venezuela, with a combined X% share of total imports.

The Dominican Republic, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vegetable and melon import price amounted to $X per ton, leveling off at the previous year. Overall, import price indicated a notable 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, vegetable and melon 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 failed to regain momentum.

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

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

Source: IndexBox Platform

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