The operating environment for Venezuela's agribusiness sector has deteriorated significantly over recent years due to the poor macroeconomic climate, a shortage of foreign currency for input purchases and general government mismanagement. Venezuela's economy will continue to be under extreme downward pressure in 2016 amidst low international oil prices. The growing headwinds to the economy will weigh on agricultural production and consumption in the coming years, and we forecast most commodities to stagnate out to 2020. Producers of agricultural goods will struggle as rising production costs and controlled prices at the farm level reduce margins. As such, the divergence between Venezuela and its neighbouring countries in terms of agricultural sector development will continue to grow in the coming years.
Full Report Details at
- http://www.fastmr.com/prod/1188135_venezuela_agribusiness_report.aspx?afid=301
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Newly released market study: Venezuela Agribusiness Report Q3 2016
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001