Cabbage Market Overview in Venezuela
In value terms, cabbage production declined to $ in 2019 estimated in export prices. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of % year-to-year. As a result, production reached the peak level of $. From 2015 to 2019, production growth remained at a lower figure.
In 2019, the average yield of cabbage and other brassicas in Venezuela reduced modestly to tonnes per ha, approximately reflecting 2018 figures. Over the period under review, the yield showed a mild descent. The most prominent rate of growth was recorded in 2009 when the yield increased by % year-to-year. As a result, the yield reached the peak level of tonnes per ha. From 2010 to 2019, the growth of the average cabbage yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the cabbage harvested area in Venezuela shrank to ha, which is down by -% on 2018. In general, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the harvested area increased by % year-to-year. Over the period under review, the harvested area dedicated to cabbage production attained the peak figure at ha in 2016; however, from 2017 to 2019, the harvested area failed to regain the momentum.
The value of the cabbage market in Venezuela dropped to $ in 2019, declining 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). Overall, consumption showed a slight contraction. The growth pace was the most rapid in 2014 when the market value increased by % against the previous year. As a result, consumption attained the peak level of $. From 2015 to 2019, the growth of the market failed to regain the momentum.