Market research

Coconut oilcake market in Venezuela

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

Production of coconut oilcake in Venezuela fluctuated between 5,900 tonnes in 2018 and 5,752 tonnes in 2023, with peaks of 6,670 tonnes in 2019 and 6,596 tonnes in 2022. The market's volatility reflected changes in the underlying supply of raw materials and broader economic pressures over the period.

The sector depends on domestic coconut output, which was reported at 153,000 tonnes in 2019, providing the essential feedstock for oil extraction and the resulting solid residue. Concurrently, nationwide shortages of regulated goods, including edible oils, due to price controls, hoarding, and smuggling, periodically constrained the processing environment and likely influenced cake production volumes.

After several years with no foreign trade, the market saw the arrival of 12 tonnes of imports in 2024, signaling a potential shift in supply dynamics for Venezuelan coconut oilcake.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Venezuela
  1. 5.1.1. Annual dynamics of production in Venezuela in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Venezuela in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Venezuela in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Venezuela by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Venezuela in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Venezuela by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Venezuela, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Venezuela by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Venezuela in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Venezuela by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Venezuela in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Venezuela by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Venezuela, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Venezuela by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production coconut oilcake in Venezuela

In kind, 2017-2020, t

From 2017 to 2020, Venezuela ranked 14th globally in coconut oilcake production.

Top producers of coconut oilcake, 2017-2020

Source: SHEV.io

World map of production of coconut oilcake, 2017-2020

Source: SHEV.io

In 2020, Venezuela produced 6 100 tonnes of coconut oilcake, representing a moderate 8.6% decrease from 2019. Production grew by 3.4% over the 2017-2020 period, averaging an annual increase of 1.1%. The highest production level was reached in 2019 at 6 670 tonnes, which also saw the largest year-on-year growth of 13.1%.

Annual dynamics of production in Venezuela in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	13.1%	(8.6%)	1.1%

Source: SHEV.io

Exports coconut oilcake from Venezuela

According to desk research, Venezuela did not export any coconut oilcake between 2017 and 2020.

Imports coconut oilcake to Venezuela

Market data indicates that Venezuela did not import coconut oilcake from 2017 through 2020.

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