Market research

Palm-kernel 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

Palm-kernel oilcake production in Venezuela grew from 8 742 tons in 2018 to 11 601 tons in 2020, a period characterized by a sector structure reliant on small extraction units and the coordinating role of the Venezuelan Association of Oil Palm Growers (ACUPALMA).

Output fell to 8 374 tons in 2021 as the industry initiated environmental management measures, including wastewater treatment and solid waste repurposing, which likely affected operational tempo. A subsequent focus on cost efficiency and competitiveness supported a recovery to 9 381 tons in 2022, followed by growth to 10 304 tons in 2023 despite localized production challenges from the Pudrición de Cogollo disease in some zones, alongside stronger domestic sales of palm kernel byproducts.

The sector has increasingly emphasized sustainability, with solid extraction residues being utilized for animal feed and energy generation, enhancing the value derived from processing while ongoing monitoring of plant productivity aims to optimize extraction rates.

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. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Venezuela in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Venezuela by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Venezuela in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Venezuela by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Venezuela, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Venezuela by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Venezuela in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Venezuela by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Venezuela in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Venezuela by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Venezuela, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Venezuela by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  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 palm-kernel oilcake in Venezuela

In kind, 2017-2020, t

From 2017 to 2020, Venezuela ranked 22nd globally in palm-kernel oilcake production.

Top producers of palm-kernel oilcake, 2017-2020

Source: SHEV.io

World map of production of palm-kernel oilcake, 2017-2020

Source: SHEV.io

Venezuela's palm-kernel oilcake production grew for the second year in a row. In 2020, the country produced 11 601 tonnes, marking a 24.2% increase from the previous year. Over the 2017–2020 period, production rose by 14.9%, which translates to an average annual growth rate of 4.7%. The lowest output was in 2018 at 8 742 tonnes, when production fell by 13.4%—the steepest decline during this timeframe.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.4%)	6.9%	24.2%	4.7%

Source: SHEV.io

Exports palm-kernel oilcake from Venezuela

Market reports indicate that Venezuela did not export any palm-kernel oilcake between 2017 and 2020.

Imports palm-kernel oilcake to Venezuela

According to market overviews, Venezuela imported no palm-kernel oilcake from 2017 through 2020.

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