Cabbage Market Overview in Venezuela
In value terms, cabbage production declined slightly to $ in estimated in export prices. Overall, production showed a mild shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by % year-to-year. As a result, production reached the peak level of $. from 2015 to , production growth failed to regain the momentum.
The average yield of cabbage and other brassicas in Venezuela declined to tonnes per ha in , waning by -% compared with the year before. In general, the yield recorded a mild slump. The most prominent rate of growth was recorded in 2009 when the yield increased by % year-to-year. As a result, the yield attained the peak level of tonnes per ha. from 2010 to , the growth of the average cabbage yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The cabbage harvested area in Venezuela contracted to ha in , therefore, remained relatively stable against the year before. In general, the harvested area saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of % y-o-y. The cabbage harvested area peaked at ha in 2016; however, from 2017 to , the harvested area remained at a lower figure.
The size of the cabbage market in Venezuela contracted modestly to $ in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a perceptible contraction. The growth pace was the most rapid in 2014 with an increase of % year-to-year. As a result, consumption reached the peak level of $. from 2015 to , the growth of the market remained at a lower figure.