Key Market Indicators
Venezuelan consumption of bananas is expected to reach 660,000 metric tons by the year 2026, a 1.7% increase from 600,000 metric tons in 2021. This demand has increased by 1% year on year since 2017. In 2021, Venezuela was listed as number 25 on the ranking, with the Dominican Republic overtaking them with 600,000 metric tons. China, Indonesia, and Brazil followed in the ranks at numbers 2, 3, and 4 respectively. Venezuelan production of bananas is predicted to reach 713,000 metric tons by 2026, a 1.2% growth from 665,500 metric tons in 2021. This supply has increased by 3.5% year on year since 1966. In 2021, Venezuela was listed at number 26 on the ranking, with Mozambique overtaking them at 665,500 metric tons. China, Indonesia, and Brazil again followed in the ranks at numbers 2, 3, and 4.