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- (-) September 2022
- (-) Caribbean Basin
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The resumption of travel amid a waning COVID-19 pandemic is breathing much-needed fresh air into the Caribbean Hotel Restaurant Institutional (HRI) food service sector. Yet in 2021 sector sales still fell short of pre-pandemic levels.
Food availability in Venezuela has improved since reaching an all-time low in 2019 as the result of informal dollarization of the economy, lower inflation, increased private sector activity, and a growth in domestic production and imports.
Total meat consumption in Venezuela has declined 68.9 percent since 2013 as a result of the economic collapse. However, a better economic environment since 2019 has led to a stabilization of beef production and significant growth in chicken production. In 2022, beef production is forecast to grow 5 percent from 2021 to 287,803 MT.