Market research

Sugar beet market in Venezuela

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

Sugar beet production in Venezuela dropped sharply in 2019 to 21 697 metric tons, down from 23 890 metric tons in 2018. The decrease reflected continued cuts in national milling capacity and supply-chain disruptions that hindered sugar mill operations.

After recovering to 23 241 metric tons in 2020, output hovered near 23 000 metric tons through 2023. The introduction of front-of-pack warning labels for high-sugar foods in 2022 reduced consumer demand for sugary products, contributing to a slight dip in beet production. At the same time, chronic fuel shortages and limited active milling infrastructure prevented any significant expansion.

Industry modernization efforts, led by the National Federation of Sugarcane Growers (Fesoca), included agreements to upgrade three sugar mills and expand cultivated area. However, with only five of the country’s 16 sugar mills operational, overall production capacity remained constrained throughout the period.

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. Trade balance
1. 6.1. Trade balance (Direct Data)
  1. 6.1.1. In kind, kg
  2. 6.1.2. In value, $ US
2. 6.2. Trade balance (Mirror Data)
  1. 6.2.1. In kind, kg
  2. 6.2.2. In value, $ US
7. Top buying and selling countries, 2018-2024
1. 7.1. Direct Data
  1. 7.1.1. Import in Value by Countries-buyers
  2. 7.1.2. Export in Value by Countries-suppliers
2. 7.2. Mirror Data
  1. 7.2.1. Import in Value by Countries-buyers
  2. 7.2.2. Export in Value by Countries-suppliers

Production sugar beet in Venezuela

In kind, 2017-2020, t

Top producers of sugar beet, 2017-2020

Source: SHEV.io

World map of production of sugar beet, 2017-2020

Source: SHEV.io

Venezuela's sugar beet production increased after two years of decline. In 2020, the country produced 23 241 tonnes of sugar beet, marking a modest 7.1% rise compared to the previous year. However, looking at the period from 2017 to 2020, overall production decreased by 7.3%, which translates to an average annual decline of 2.5%. The lowest production level was recorded in 2019 at 21 697 tonnes, with the largest year-on-year drop of 9.2% occurring that same year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(4.7%)	(9.2%)	7.1%	(2.5%)

Source: SHEV.io

Exports sugar beet from Venezuela

According to market reports, Venezuela did not export any sugar beet between 2017 and 2020.

Imports sugar beet 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	-

Source: SHEV.io

From 2017 to 2020, Trinidad and Tobago was essentially the sole supplier of sugar beet to Venezuela, accounting for 100.0% of total imports in volume.

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, $ 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	-

Source: SHEV.io

During the 2017–2020 period, virtually all sugar beet imports to Venezuela in value terms were linked to Trinidad and Tobago, which held a 100.0% share of total import flows.

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