Earlier Report Observations
Cereal germ production in Venezuela rose from 216.4 thousand tons in 2018 to 225.8 thousand tons in 2019, then fell to 202.7 thousand tons in 2020.
Output rebounded sharply to 338.7 thousand tons in 2021 and remained high at 356.3 thousand tons in 2022. In 2023, production stabilized at 355.8 thousand tons, a level supported by a 47.99% increase in cereal planting area that year, driven by state policies and national producer initiatives.
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. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production cereal germ in Venezuela
In kind, 2017-2020, K t
Globally, Venezuela ranked as the 16th largest producer of cereal germ from 2017 to 2020.
Top producers of cereal germ, 2017-2020
World map of production of cereal germ, 2017-2020
In 2020, Venezuela produced 202.7 thousand tonnes of cereal germ, marking a significant year-on-year decline of 10.2%. Over the 2017-2020 period, production fell by 12.8%, with a compound annual growth rate of -4.5%. The largest increase occurred in 2019, when production rose by 4.3%.
Annual dynamics of production in Venezuela in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.9%) | 4.3% | (10.2%) | (4.5%) |
Exports cereal germ from Venezuela
Exports in kind, kg
Annual dynamics of product's exports from Venezuela in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, Curacao almost entirely defined the geographic structure of Venezuela's cereal germ exports in kind, accounting for 100.0% of total flows.
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
Annual dynamics of product's exports from Venezuela in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Between 2017 and 2020, Curacao was overwhelmingly the primary destination for Venezuela's cereal germ exports in value terms, 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 cereal germ to Venezuela
Imports in kind, kg
Annual dynamics of product's imports to Venezuela in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During 2017-2020, imports of cereal germ to Venezuela were nearly entirely concentrated in Curacao, which held a 100.0% share.
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
Annual dynamics of product's imports to Venezuela in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Throughout 2017-2020, Curacao served as the almost exclusive supplier of cereal germ to Venezuela in value terms, with a share of 100.0% of total imports.
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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