Key Market Indicators
Venezuelan pulses production is projected to reach approximately 53,000 metric tons by 2028, up from around 48,000 metric tons in 2023. This represents an average annual growth rate of 1.5%. Historically, since 1966, Venezuela's supply has shown no significant year-on-year change. In 2023, the nation ranked 88th globally in pulses production, with Serbia surpassing it with a similar production level of 48,000 metric tons. Leading the global rankings, Myanmar, Canada, and China held the second, third, and fourth positions, respectively, in pulses production.