Cerium Compounds Price in Venezuela - 2022
Contents:
Cerium Compounds Price in Venezuela (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $22,678 per ton, declining by -2% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 80%. Over the period under review, average import prices attained the maximum at $87,098 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($30,000 per ton), while the price for China ($1,300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.6%), while the prices for the other major suppliers experienced a decline.
Cerium Compounds Imports in Venezuela
In 2022, overseas purchases of cerium compoundses were finally on the rise to reach 90 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt curtailment.
In value terms, cerium compounds imports rose significantly to $2K in 2022. Over the period under review, imports, however, continue to indicate a deep contraction.
| Import of Cerium Compounds in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,044 | 1,840 | 1,653 | 1,773 | -4.6% |
| United States | 308 | 260 | 219 | 221 | -10.5% |
| China | 41.0 | 27.0 | 17.0 | 13.0 | -31.8% |
| Others | 37.0 | 33.0 | 31.0 | 34.0 | -2.8% |
| Total | 2,430 | 2,160 | 1,920 | 2,041 | -5.6% |
Top Suppliers of Cerium Compounds to Venezuela in 2022:
- Italy (69.0 kg)
- China (10.0 kg)
- United States (9.0 kg)
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This report provides an in-depth analysis of the market for compounds of rare-earth metals in Venezuela.
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