Venezuela - Mangoes, Mangosteens And Guavas - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Venezuela - Mangoes, Mangosteens And Guavas - Market Analysis, Forecast, Size, Trends and Insights

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Mango and Mangosteen Price in Venezuela - 2022

Contents:

  1. Mango and Mangosteen Price in Venezuela (FOB) - 2022
  2. Mango and Mangosteen Price in Venezuela (CIF) - 2022
  3. Mango and Mangosteen Exports in Venezuela
  4. Mango and Mangosteen Imports in Venezuela

Mango and Mangosteen Price in Venezuela (FOB) - 2022

The average mango and mangosteen export price stood at $3,338 per ton in 2022, surging by 2.3% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mango and mangosteen export price increased by +62.5% against 2018 indices. The growth pace was the most rapid in 2016 when the average export price increased by 50% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($10,273 per ton), while the average price for exports to Colombia ($91 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 Bahrain (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Mango and Mangosteen Price in Venezuela (CIF) - 2022

The average mango and mangosteen import price stood at $593 per ton in 2022, reducing by -2.8% against the previous year. Over the period under review, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2016 an increase of 37%. As a result, import price reached the peak level of $1,889 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to -1.3% per year.

Mango and Mangosteen Exports in Venezuela

In 2022, approx. 163 tons of mangoes, mangosteens and guavas were exported from Venezuela; with an increase of 11% against the previous year. Over the period under review, exports, however, showed a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 78% against the previous year.

In value terms, mango and mangosteen exports totaled $545K in 2022. Overall, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 86% against the previous year.

Export of Mango and Mangosteen in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom24874.9168177-10.6%
Spain58555.879.585.5-47.3%
Portugal19.651.711431.817.5%
Norway27.122.333.024.7-3.0%
Aruba21.213.916.39.7-22.9%
Bahrain13.39.413.68.8-12.9%
Colombia7.56.49.77.50.0%
Others22.223.545.3199107.7%
Total943258479545-16.7%

Top Export Markets for Mango and Mangosteen from Venezuela in 2022:

  1. Colombia (83.2 tons)
  2. United Kingdom (29.0 tons)
  3. Spain (18.4 tons)
  4. Aruba (11.5 tons)
  5. Portugal (6.6 tons)
  6. Bahrain (4.4 tons)
  7. Norway (2.4 tons)

Mango and Mangosteen Imports in Venezuela

In 2022, purchases abroad of mangoes, mangosteens and guavas decreased by -18.6% to 2.8 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 231%. As a result, imports attained the peak of 4.8 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, mango and mangosteen imports reduced dramatically to $1.7K in 2022. In general, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by 101% against the previous year. As a result, imports attained the peak of $2.6K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Mango and Mangosteen in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States43.92.630.416.5-27.8%
United Arab Emirates1.7N/AN/AN/A0%
Others-44.3N/A-28.3-14.9-30.5%
Total1.32.62.11.79.4%

Top Suppliers of Mango and Mangosteen to Venezuela in 2022:

  1. United States (5.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mango and mangosteen 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.

Product coverage:

  • FCL 571 - Mangoes

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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