Venezuela
Venezuela StatisticsConsumer Lifestyles in VenezuelaVenezuela Country BriefingsFuture Demographics: Venezuela in 2030
Country Profile
Venezuela: Country Profile
Aug 2018
Venezuela’s economy continues to contract. Hyperinflation and severe structural weaknesses are only part of the reason for the continuing decline. Cash shortages, power shortages and the suspension of lending by Chinese banks are other limitations. ...
Country Profile
Latin America: Regional Profile
Jul 2018
Latin America’s real recovery will continue in 2018. The region’s consumer expenditure will also improve slightly in 2018. Caribbean economies will lag behind other countries due to their excessive reliance on tourism and remittances. Latin America ...
Country Report
Cigarettes in Venezuela
Jul 2018
Production was enough to supply a shrinking market. However, manufacturing conditions continued limiting the ability of companies to maintain steady production levels due to bottlenecks in the supply chain. In addition, domestic production of tobacco...
Country Report
Cigars, Cigarillos and Smoking Tobacco in Venezuela
Jul 2018
High inflation rates keep contributing to the polarisation of cigars and cigarillos in Venezuela. The habit and tradition of smoking cigars and cigarillos is not widespread, with cigar manufacturers and distributors targeting mainly affluent ...
Country Report
Tobacco in Venezuela
Jul 2018
The dynamics of the market are influenced by the overall macroeconomic conditions, characterised by high inflation and falling purchasing power. In terms of demand, smokers started finding new ways of consuming tobacco, for example buying low-priced ...
Country Report
Smokeless Tobacco and Vapour Products in Venezuela
Jul 2018
Other chewing tobacco is the only type of smokeless tobacco available in Venezuela; it is popularly known as chimó in the country, a traditional tobacco paste made from tobacco leaves which are boiled with baking soda and sugar until the mixture ...
Strategy Briefing
Grocery Retailing in Latin America
Jun 2018
Most of the major economies in Latin America have faced significant economic and political challenges that have affected consumer spending across product categories, including purchases at grocery retailers. Economic crises in Brazil, Argentina and ...
Country Report
Beer in Venezuela
Jun 2018
Total volume sales of beer declined again in 2017. Traditionally, beer shows steady volume growth much aligned with the population growth rate but imports of raw inputs have fallen by 50-70% from historic levels. Malt barley and hops must be ...
Country Report
Cider/Perry in Venezuela
Jun 2018
Cider/perry declined in total volume terms in 2017, with most of the sales being concentrated in the last quarter of the year as the highest demand traditionally happens during the Christmas season. Volume sales have fallen due to lower demand and a ...
Country Report
Alcoholic Drinks in Venezuela
Jun 2018
Alcoholic drinks saw negative volume growth for the fourth year in a row in 2017. However, it seemed to adjust following the large supply shock suffered in 2016 when producers and importers were unable to purchase intermediate inputs and final ...
Country Report
Rtds/High-Strength Premixes in Venezuela
Jun 2018
Wine-based RTDs remains, by far, the largest category due to the products’ affordability and sweet taste which is very appealing to Venezuelan consumers. In fact, demand increased over the review period as some consumers found wine-based RTDs to be a...
Country Report
Spirits in Venezuela
Jun 2018
Spirits saw an important increase in 2017 after the major shock in 2016, which was due to a significant fall in the supply of imported products. Brandy and cognac, liqueurs, tequila (and mezcal) and whiskies saw steep declines in total volume sales ...
Country Report
Wine in Venezuela
Jun 2018
Wine showed negative growth in total volume terms in 2017, continuing a downward trend that started in 2013. During the review period, wine’s performance was largely determined by the insufficient amount of foreign currency quotas allocated for ...
Strategy Briefing
Regional Overview of Latin American Cities
Jun 2018
Latin America is among the most urbanised regions of the world. The regional overview explores disparities in consumer spending and consumer lifestyles between the region‘s key cities, as well as provides a quick glimpse into six profiles of Latin ...
Country Report
Naturally Healthy Packaged Food in Venezuela
May 2018
Expansion in NH packaged food remained adversely affected by the discretionary allocation of government-controlled imports of wheat in 2017, which hindered the production of NH high fibre food, the largest category within NH packaged food. A ...
Country Report
Better For You Beverages in Venezuela
May 2018
The offering of BFY beverages continued to be limited to a small number of categories, such as reduced sugar carbonates, reduced sugar fruit/vegetable juice and reduced sugar powder concentrates, while the supply of BFY reduced caffeine hot drinks ...
Country Report
Better For You Packaged Food in Venezuela
May 2018
Reduced fat dairy remained the largest category in better for you (BFY) packaged food in 2017. Reduced fat dairy is largely comprised of reduced fat milk (excl organic and FF), mostly the liquid variant. Manufacturers continue to favour the ...
Country Report
Fortified/Functional Beverages in Venezuela
May 2018
FF beverages was the most mature category and largest value maker in health and wellness beverages in 2017. The category used to witness the most new product launches but an adverse business environment characterised by the high price of imported ...
Country Report
Fortified/Functional Packaged Food in Venezuela
May 2018
FF packaged food is the largest and most mature category within health and wellness packaged food. Fortification with vitamins and minerals is an industry standard in some packaged food categories such as baby food and breakfast cereals, not a ...
Country Report
Free From in Venezuela
May 2018
Increasingly high foreign currency prices are to blame for the loss of variety and the lack of development in this category. While most of the products are imported, there are artisanal brands of gluten-free products, such as free from baked goods ...
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