Venezuela - Dried, Undried and Frozen Pasta and Pasta Products - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVenezuela: Pasta Products Market 2024
Pasta Products Market Size in Venezuela
In 2022, the Venezuelan pasta products market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption saw a slight slump. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.
Pasta Products Production in Venezuela
In value terms, pasta products production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.
Pasta Products Exports
Exports from Venezuela
In 2022, the amount of dried, undried and frozen pasta and pasta products exported from Venezuela surged to X tons, growing by X% compared with the year before. In general, exports saw mild growth. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, pasta products exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a mild decrease. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
Exports by Country
Germany (X tons) was the main destination for pasta products exports from Venezuela, accounting for a approx. X% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%.
In value terms, Germany ($X) also remains the key foreign market for dried, undried and frozen pasta and pasta products exports from Venezuela.
From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%.
Export Prices by Country
In 2022, the average pasta products export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to X% per year.
Pasta Products Imports
Imports into Venezuela
In 2022, supplies from abroad of dried, undried and frozen pasta and pasta products decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw prominent growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then contracted sharply in the following year.
In value terms, pasta products imports contracted dramatically to $X in 2022. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced sharply in the following year.
Imports by Country
In 2022, Turkey (X tons) constituted the largest supplier of pasta products to Venezuela, accounting for a X% share of total imports. Moreover, pasta products imports from Turkey exceeded the figures recorded by the second-largest supplier, Brazil (X tons), more than tenfold. The third position in this ranking was held by the United States (X tons), with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and the United States (X% per year).
In value terms, Turkey ($X) constituted the largest supplier of dried, undried and frozen pasta and pasta products to Venezuela, comprising X% of total imports. The second position in the ranking was held 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 growth rate of value from Turkey 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 pasta products import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pasta products 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:
- Prodcom 10851430 - Dried, undried and frozen pasta and pasta products (including prepared dishes) (excluding uncooked pasta, stuffed pasta)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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