Market research

Grapes market in Venezuela

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Venezuelan grape market volume remained relatively stable between 2018 and 2021, fluctuating around 21,300 t. In 2018, the market structure was shaped by state supervision of storage and price controls, alongside a low domestic production base for grape-derived products like must. This created reliance on imports, facilitated by a trade agreement with Chile that reduced tariffs and positioned Chile as a key supplier. Macroeconomic factors, including high inflation and currency fluctuations, persistently affected consumer purchasing power and habits throughout this period.

A significant market expansion began in 2022, with volume jumping 11.9% to 23,815 t, driven largely by a surge in imports to 4,449 t. This growth was supported by a documented increase in demand for grape-based products. Concurrently, the National Economic Prosecutor recommended that the Ministry of Agriculture introduce clearer regulations for grape purchases to promote competition among buyers, aiming to address information asymmetries in producing regions. The growth trend continued into 2023, with the market reaching 25,810 t, an 8.4% increase, reflecting sustained demand.

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, t
    1. 6.1.2.1. Annual dynamics of product's imports to Venezuela in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Venezuela by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Venezuela in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Venezuela by countries, 2018-2024, K $ 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Venezuela, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Venezuela by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Venezuela in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Venezuela by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Venezuela in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Venezuela by countries, 2018-2024, K $ 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Venezuela, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Venezuela by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Venezuela in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Venezuela by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Venezuela in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Venezuela by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Venezuela, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Venezuela by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Venezuela in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Venezuela by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Venezuela in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Venezuela by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Venezuela, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Venezuela by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production grapes in Venezuela

In kind, 2017-2020, t

Top producers of grapes, 2017-2020

Source: SHEV.io

World map of production of grapes, 2017-2020

Source: SHEV.io

In 2020, Venezuela produced 19,398 tons of grapes, which represents a 4.9% decrease compared to the previous year. Looking at the period from 2017 to 2020, production declined by 3.3%, averaging an annualized rate of 1.1%. The highest production level was recorded in 2019 at 20,400 tons, which also saw the largest increase of 3.3% during this timeframe.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.6%)	3.3%	(4.9%)	(1.1%)

Source: SHEV.io

Exports grapes from Venezuela

Exports in kind, t

In 2018, Venezuela's grape exports dropped to 0.0 tons, marking a sharp decline of 99.3% from the year before.

Annual dynamics of product's exports from Venezuela in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(99.3%)	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Curaçao was the primary and nearly exclusive market for Venezuela's grape exports in volume terms, accounting for 99.3% of total shipments.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Venezuela in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

In 2018, the value of exported grapes from Venezuela was $0.1 thousand, reflecting a significant reduction of 95.4% compared to the prior year.

Annual dynamics of product's exports from Venezuela in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(95.4%)	n/a	n/a	-

Source: SHEV.io

Throughout 2017–2020, Curaçao continued to be the dominant and almost sole destination for Venezuela's grape exports in value terms, holding a share of 95.6%.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Venezuela in value, 2017-2020

Source: SHEV.io

Imports grapes to Venezuela

Imports in kind, t

The market experienced notable fluctuations during this period. Imports reached their lowest point in 2017 and peaked in 2020, with a 3.2-fold difference between these years. In 2020, Venezuela imported 2,052 tons of grapes, representing a substantial increase of 125.3% year-over-year. The largest decline occurred in 2019 at 43.6%, while the largest increase was recorded in 2018 at 154.0%.

Annual dynamics of product's imports to Venezuela in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	154.0%	(43.6%)	125.3%	47.7%

Source: SHEV.io

Between 2017 and 2020, Venezuela's grape imports in volume terms were highly concentrated, with Chile and Turkey together accounting for 83.8% of total flows, while other partners made up the remainder.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Venezuela in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The market displayed volatility over the observed period. Imports hit their trough in 2017 and peaked in 2018, with a 3.2-fold gap between these years. In 2020, foreign grape supplies to Venezuela amounted to $3,671 thousand, which is 89.0% higher than in 2019. The highest value was recorded in 2018 at $4,534 thousand. The largest decline occurred in 2019 at 57.2%, while the largest increase was seen in 2018 at 216.9%.

Annual dynamics of product's imports to Venezuela in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	216.9%	(57.2%)	89.0%	36.9%

Source: SHEV.io

From 2017 to 2020, Chile and Turkey accounted for 83.6% of Venezuela's total grape imports in value terms, with the remaining share distributed among other destinations, each contributing smaller amounts.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Venezuela in value, 2017-2020

Source: SHEV.io