Market research

Sugar cane 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

Between 2018 and 2021, Venezuela's sugarcane production experienced volatility followed by significant growth. Output dipped slightly in 2018 to 3,104 thousand tons, pressured by shortages of fertilizers and agrochemicals coupled with low operability at several state-owned sugar mills. The following year, production remained constrained by diesel shortages and adverse weather, though the introduction of dollar-denominated payments for growers provided a stabilizing incentive. A turning point came in 2020, as these dollar payments helped motivate producers, leading to a recovery to 3,335 thousand tons. This positive trend accelerated in 2021, with production surging 13% to 3,756 thousand tons, largely due to improved access to essential inputs after the state granted private actors permits to import chemicals and supplies.

The market faced a sharp contraction in 2022, with production falling 25% to 2,814 thousand tons. This decline was primarily driven by persistent unfair competition from tariff-free sugar imports, which undercut domestic cane prices and demand. A strong rebound occurred in 2023, with output jumping 26% to 3,540 thousand tons. This recovery was facilitated by improved communication and coordination between cane growers, sugar mills, and government authorities, which enabled better distribution of critical resources like diesel and more controlled import management.

In the broader period through 2024, the sector continued to evolve with regulatory developments, including the implementation of new front-of-pack labeling rules for foods high in sugar in May 2024. Simultaneously, the construction of six new processing plants was underway, aiming to expand future production capacity for sugar, animal feed, and ethanol.

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, K 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, K 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, K 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 cane in Venezuela

In kind, 2017-2020, K t

Top producers of sugar cane, 2017-2020

Source: SHEV.io

World map of production of sugar cane, 2017-2020

Source: SHEV.io

Venezuela's sugar cane production rebounded in 2020 after two consecutive years of decline. The country produced 3 335 thousand tonnes of sugar cane that year, representing a 7.4% increase compared to 2019. Looking at the broader period from 2017 to 2020, production actually decreased by 16.1% overall, which translates to an average annual decline of 5.7%. The lowest production level was recorded in 2019 at 3 104 thousand tonnes. The most significant single-year drop occurred in 2018, when production fell by 19.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(19.3%)	(3.2%)	7.4%	(5.7%)

Source: SHEV.io

Exports sugar cane from Venezuela

Market reports indicate that Venezuela did not export any sugar cane between 2017 and 2020.

Imports sugar cane to Venezuela

Market analysis confirms that Venezuela did not import any sugar cane from 2017 through 2020.

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