Earlier Report Observations
From 2018 to 2020, the market volume for non-rendered pig fat remained stable around 6 700 metric tons, as the hog sector operated well below its installed capacity due to a lack of financing and the ongoing economic crisis. A modest increase to 6 766 t occurred in 2020 when national pork production began a slow recovery supported by improving purchasing power.
Production then jumped by 10% to 7 460 t in 2021, driven by a sharp expansion in domestic pork supply and better economic conditions. The following year saw an 18% contraction to 6 133 t, before a partial rebound to 6 471 t in 2023. This recovery was aided by the government's elimination of the value-added tax on pork from producer to retail, which reduced the tax burden on the industry.
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, 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, 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, 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/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Venezuela, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Venezuela by countries, 2018-2024, $ US/kg
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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/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Venezuela, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Venezuela by countries, 2018-2024, $ US/kg
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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 non-rendered pig fat free of lean meat in Venezuela
In kind, 2017-2020, t
Top producers of non-rendered pig fat free of lean meat, 2017-2020
World map of production of non-rendered pig fat free of lean meat, 2017-2020
In Venezuela, production of non-rendered pig fat free of lean meat reached 6 766 tonnes in 2020, marking a 1.1% increase from 2019. Looking at the broader period from 2017 to 2020, overall production declined by 3.4%, which translates to an average annual decrease of 1.1%. The lowest production level was recorded in 2018 at 6 691 tonnes, with that year also seeing the steepest drop of 4.4%.
Annual dynamics of production in Venezuela in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (4.4%) | 0.0% | 1.1% | (1.1%) |
Exports non-rendered pig fat free of lean meat from Venezuela
Market reports indicate that Venezuela did not export any non-rendered pig fat free of lean meat between 2017 and 2020.
Imports non-rendered pig fat free of lean meat 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 | - |
From 2017 to 2020, nearly all imports of non-rendered pig fat free of lean meat into Venezuela came from the Dominican Republic, which accounted for 100.0% of total import volumes during this period.
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 | - |
During 2017–2020, the import structure in value terms was highly concentrated, with the Dominican Republic representing 100.0% of total import 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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