Venezuela

Market research on consumer products, commercial industries, demographics trends and consumer lifestyles in Venezuela. Includes comprehensive data and analysis, tables and charts, with five-year forecasts.

Venezuela StatisticsConsumer Lifestyles in VenezuelaVenezuela Country BriefingsFuture Demographics: Venezuela in 2030

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    Country Briefing

    Country Briefing

    Business Dynamics: Venezuela

    Jan 2019

    A stable and competitive business environment is vital to help attract inward investment. Businesses can assess these factors alongside challenges such as corruption, political instability and terrorism risks to understand the strengths and ...

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    Country Briefing

    Country Briefing

    Natural Resources: Venezuela

    Jan 2019

    The Natural Resource landscape in which businesses operate has an impact on the supply chain and regulatory matters while offering scope for innovation and new ways of doing business. Insights on key sectors such as agriculture, energy, mining and ...

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    Country Briefing

    Country Briefing

    Households: Venezuela

    Jan 2019

    Global shifts in gender, ageing, migration, housing and education are transforming the size, location and general make-up of households around the globe, with diverse implications for governments and companies. Households insights can help identify ...

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    Country Briefing

    Country Briefing

    Economy, Finance and Trade: Venezuela

    Jan 2019

    Understanding the structure and health of an economy are important for decision-making within an existing operating environment as well as for expansion strategies. Real GDP growth, inflation and exchange rate fluctuations will directly impact ...

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    Strategy Briefing

    Strategy Briefing

    Lodging in Latin America

    Dec 2018

    Lodging in Latin America continues to grow surpassing the different socio-economic factors and challenges that have affected its performance in recent years. Mexico and Brazil are the preferred destinations, dominating sales of the top ten companies....

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    Country Briefing

    Country Briefing

    Income and Expenditure: Venezuela

    Dec 2018

    Insight into income and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment or household type to ...

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    Country Report

    Country Report

    Packaged Food in Venezuela

    Dec 2018

    In 2018, negative volume growth rates were witnessed due to shrinking demand, whilst supply seemed to have stabilised after large losses for two consecutive years. The government continued to exert direct pressure upon companies to fix or lower ...

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    Strategy Briefing

    Strategy Briefing

    Top 10 Energy-Producing Countries in 2030

    Dec 2018

    The energy sector is the key provider for many integral sectors in every economy, such as chemical products, utilities, transport, metal products manufacturing, etc. Over the 2017-2030 period, the energy industry is expected to experience stable ...

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    Country Report

    Country Report

    Charge Cards in Venezuela

    Nov 2018

    Personal charge cards became less and less attractive for consumers over the latter part of the review period, because they were not willing or able to pay the entire debt off each month since their purchasing power has diminished in accordance with ...

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    Country Report

    Country Report

    Credit Cards in Venezuela

    Nov 2018

    In Venezuela, there are regulations for banks regarding interest rates, which are set by the BCV. For purchases made with credit cards the interest rate is capped at 29%, which is much lower than the inflation rate seen in 2018, which amounted to ...

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    Country Report

    Country Report

    Debit Cards in Venezuela

    Nov 2018

    Due to the high prices in the Venezuelan economy resulting from inflation – which saw a triple-digit rate for 2017 and is expect to reach 1,000,000% in 2018 (IMF) – consumers prefer to pay for their purchases with debit cards. This trend is ...

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    Country Report

    Country Report

    Financial Cards and Payments in Venezuela

    Nov 2018

    Venezuelans are concerned about obtaining bolivars for any transaction, as they will need more notes to buy the same thing. The smallest denomination of paper money in any country should be intended to at least be able to pay for short transportation...

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    Country Report

    Country Report

    Pre-Paid Cards in Venezuela

    Nov 2018

    These types of cards are used primarily for purchasing food products and are not transferable. The annual calculation must be made by adjusting the annual amount according to the inflation rate in the previous year, as set out in the law. It is ...

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    Country Report

    Country Report

    Store Cards in Venezuela

    Nov 2018

    Store card transactions continued to decline in number in 2018, with negative value growth in real terms. Banks continued to offer these cards without any promotions, which might have led to an increase in the number of users with the possibility of ...

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    Country Report

    Country Report

    Baked Goods in Venezuela

    Nov 2018

    Long queues at bakeries – at times supervised by armed police or community leaders – were less common in Venezuela during 2018, because shortages of wheat and high prices deterred the consumption of bread. Being a tropical country, Venezuela’s supply...

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    Country Report

    Country Report

    Breakfast Cereals in Venezuela

    Nov 2018

    Limited and unstable product offerings, high prices and competition from cheaper breakfast substitutes shaped breakfast cereals during 2018, with retail volume sales continuing on a downwards path, after a catastrophic fall in 2016. The notorious ...

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    Country Report

    Country Report

    Processed Fruit and Vegetables in Venezuela

    Nov 2018

    The performance of processed fruit and vegetables in 2018 continued to be largely determined by the erratic product offering across the category. Reduced availability of key inputs due to high import costs limited the presence of products on ...

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    Country Report

    Country Report

    Processed Meat and Seafood in Venezuela

    Nov 2018

    Venezuelan consumers enjoy a wider brand variety in processed meat compared with categories such as breakfast cereals or soup. According to trade sources, the meat business in Venezuela poses low barriers to new entrants, so there is a great deal of ...

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    Country Report

    Country Report

    Rice, Pasta and Noodles in Venezuela

    Nov 2018

    Due to its tropical climate, Venezuela’s supply of wheat depends solely on imports, which are under the strict control of the government through the issuing of import permits, subsidised foreign currency and the allocation of quotas to flour mills. ...

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    Country Report

    Country Report

    Analgesics in Venezuela

    Nov 2018

    In Venezuela, systemic analgesics are positioned as products for light and moderate pain and general discomfort. Acetaminophen is commonly positioned as appropriate to treat mild fever and often advertised as “safe” for dengue cases because other ...

    US$990
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