Earlier Report Observations
From 2018 to 2023, the market volume of fresh carrots and turnips in Venezuela increased from 183.8 thousand tonnes to 235.7 thousand tonnes, showing an overall upward trend. The most significant growth occurred in 2020, when production rose by 15% due to active support from the Confederation of Agricultural Producers Associations of Venezuela (FEDEAGRO). After a temporary dip in 2021, the market continued its recovery.
Production recovery was noted in 2022 as part of post-crisis growth after 2019. By 2023, the fruits and vegetables market, including carrots, was valued at USD 22,670 million, driven by restored production capacity and steady domestic demand. Government measures such as maximum retail price controls, in place since 2003, continued to affect commercialization but did not hinder overall volume expansion.
The consistent growth in recent years highlights the sector's resilience despite administrative restrictions and competitiveness challenges.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Venezuela
- 5.1.1. Annual dynamics of production in Venezuela in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Venezuela in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Venezuela
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Venezuela in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Venezuela by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Venezuela in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Venezuela by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Venezuela, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Venezuela by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Venezuela in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Venezuela by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Venezuela in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Venezuela by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Venezuela, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Venezuela by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, kg
- 7.1.2.1. Annual dynamics of product's exports from Venezuela in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Venezuela by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, $ US
- 7.1.3.1. Annual dynamics of product's exports from Venezuela in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Venezuela by countries, 2018-2024, $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Venezuela, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Venezuela by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, kg
- 7.2.2.1. Annual dynamics of product's exports from Venezuela in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Venezuela by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, $ US
- 7.2.3.1. Annual dynamics of product's exports from Venezuela in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Venezuela by countries, 2018-2024, $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Venezuela, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Venezuela by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production carrots and turnips in Venezuela
In kind, 2017-2020, K t
Top producers of carrots and turnips, 2017-2020
World map of production of carrots and turnips, 2017-2020
Venezuela's production of carrots and turnips has increased for the second year in a row. In 2020, the country produced 225.6 thousand tons, which represents a 10.4% increase compared to 2019. Looking at the period from 2017 to 2020, overall production decreased by 2.3%, with an average annual growth rate of 0.8%. The lowest production level was recorded in 2018 at 183.8 thousand tons. That year also saw the largest decline of 20.4%. In contrast, 2019 experienced the biggest increase at 11.2%.
Annual dynamics of production in Venezuela in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (20.4%) | 11.2% | 10.4% | (0.8%) |
Exports carrots and turnips from Venezuela
Exports in kind, kg
The market showed an unstable trend throughout this period. Exports peaked in 2017 and hit their lowest point in 2019, with a 120-fold difference between these years. In 2020, Venezuela's export volume of carrots and turnips totaled 2 250 kg, marking a dramatic increase of 2,150.0% compared to 2019. The minimum value was recorded in 2019 at just 100 kg, which also saw the largest decline of 95.2%.
Annual dynamics of product's exports from Venezuela in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (82.7%) | (95.2%) | 2 150.0% | (42.7%) |
From 2017 to 2020, Curacao and Bahrain formed the core of Venezuela's carrot and turnip exports in volume terms, together accounting for 100.0% of total shipments.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Venezuela in kind, 2017-2020
Exports in value, $ US
Market behavior was characterized by volatility during these years. Export values fluctuated significantly, with an 83-fold difference between the high in 2017 and the low in 2019. In 2020, Venezuela's export value for carrots and turnips was recorded at 1 441 US dollars, representing a substantial increase of 2,479.6% compared to the previous year. The minimum value occurred in 2019 at 56 US dollars, which also saw the largest decline of 98.2%.
Annual dynamics of product's exports from Venezuela in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (31.7%) | (98.2%) | 2 479.6% | (32.2%) |
Between 2017 and 2020, Curacao and Bahrain accounted for the majority of exports in value terms, jointly representing 100.0% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Venezuela in value, 2017-2020
Imports carrots and turnips to Venezuela
Imports in kind, kg
In 2018, Venezuela imported a total of 7 kg of carrots and turnips, marking a sharp decrease of 97.2% compared to 2017.
Annual dynamics of product's imports to Venezuela in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (97.2%) | n/a | n/a | - |
From 2017 to 2020, the country structure of imports in volume terms was highly concentrated, with El Salvador alone accounting for 97.3% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Venezuela in kind, 2017-2020
Imports in value, $ US
In 2018, Venezuela's cross-border shipments of carrots and turnips reached 11 US dollars, indicating a loss of 98.2% from the previous year.
Annual dynamics of product's imports to Venezuela in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (98.2%) | n/a | n/a | - |
During the 2017-2020 period, El Salvador effectively dominated imports in value terms for carrots and turnips to Venezuela, holding a 98.3% share of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Venezuela in value, 2017-2020
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