Metals; Platinum, Semi-Manufactured Price in Venezuela - 2022

Contents:

  1. Metals; Platinum, Semi-Manufactured Price in Venezuela (FOB) - 2022
  2. Metals; Platinum, Semi-Manufactured Exports in Venezuela

Metals; Platinum, Semi-Manufactured Price in Venezuela (FOB) - 2022

The average metals; platinum, semi-manufactured export price stood at $3,436,000 per ton in 2022, shrinking by -20% against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 23% against the previous year. The export price peaked at $21,337,000 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -16.7% per year.

Metals; Platinum, Semi-Manufactured Exports in Venezuela

In 2022, approx. 1 kg of metals; platinum, semi-manufactureds were exported from Venezuela; leveling off at 2021 figures. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, metals; platinum, semi-manufactured exports fell significantly to $3.4K in 2022. Overall, exports faced a precipitous setback. The smallest decline of -20% was in 2021.

Export of Metals; Platinum, Semi-Manufactured in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.75.44.33.4-20.2%
OthersN/AN/AN/AN/A0%
Total6.75.44.33.4-20.2%

Top Export Markets for Metals; Platinum, Semi-Manufactured from Venezuela in 2022:

  1. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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