Chlorides; of Aluminium Price in Venezuela - 2022

Contents:

  1. Chlorides; of Aluminium Price in Venezuela (CIF) - 2022
  2. Chlorides; of Aluminium Price in Venezuela (FOB) - 2022
  3. Chlorides; of Aluminium Imports in Venezuela
  4. Chlorides; of Aluminium Exports in Venezuela

Chlorides; of Aluminium Price in Venezuela (CIF) - 2022

The average chlorides; of aluminium import price stood at $934 per ton in 2022, increasing by 34% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorides; of aluminium import price decreased by -7.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 45%. The import price peaked at $1,202 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,463 per ton), while the price for Germany ($270 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+33.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Aluminium Price in Venezuela (FOB) - 2022

In 2022, the average chlorides; of aluminium export price amounted to $1,985 per ton, picking up by 2.3% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of 111%. The export price peaked at $2,194 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($5,185 per ton), while the average price for exports to Colombia ($85 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+23.2%), while the prices for the other major destinations experienced a decline.

Chlorides; of Aluminium Imports in Venezuela

In 2022, purchases abroad of chlorides; of aluminia decreased by -6.8% to 137 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports reached the peak of 152 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, chlorides; of aluminium imports soared to $128K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 85% against the previous year. As a result, imports reached the peak of $154K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Chlorides; of Aluminium in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China58.810747.675.98.9%
United States20.938.628.935.619.4%
Germany2.35.513.116.191.3%
Others1.42.913.10.8-17.0%
Total83.515410312815.3%

Top Suppliers of Chlorides; of Aluminium to Venezuela in 2022:

  1. China (73.0 tons)
  2. Germany (59.6 tons)
  3. United States (4.8 tons)

Chlorides; of Aluminium Exports in Venezuela

Chlorides; of aluminium exports from Venezuela dropped sharply to 2.8 tons in 2022, which is down by -39.8% compared with the previous year. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 387%. As a result, the exports reached the peak of 4.6 tons, and then reduced markedly in the following year.

In value terms, chlorides; of aluminium exports dropped significantly to $5.5K in 2022. In general, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 331%. As a result, the exports attained the peak of $8.9K, and then fell sharply in the following year.

Export of Chlorides; of Aluminium in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic6.91.87.94.9-10.8%
Costa Rica1.10.20.80.4-28.6%
Colombia0.2N/A0.20.1-20.6%
OthersN/AN/AN/AN/A0%
Total8.22.18.95.5-12.5%

Top Export Markets for Chlorides; of Aluminium from Venezuela in 2022:

  1. Colombia (1070.0 kg)
  2. Dominican Republic (951.0 kg)
  3. Costa Rica (729.0 kg)

Source: IndexBox Market Intelligence Platform

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