Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Venezuela - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Venezuela (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Venezuela
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Venezuela (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,764 per ton, with an increase of 50% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses increased by +126.8% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the United States ($49,559 per ton), while the price for Chile ($324 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Venezuela
In 2022, overseas purchases of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -98.5% to 2.6 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 459% against the previous year.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses fell notably to $7.2K in 2022. Overall, imports faced a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 587% against the previous year.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.0 | 78.1 | 227 | 5.1 | -13.9% |
| Taiwan (Chinese) | 3.8 | 27.1 | 31.5 | 0.7 | -43.1% |
| Chile | 8.5 | 42.0 | 35.3 | 0.7 | -56.5% |
| China | 2.8 | 16.0 | 15.3 | 0.3 | -52.5% |
| Others | 2.4 | 12.6 | 17.1 | 0.4 | -45.0% |
| Total | 25.6 | 176 | 326 | 7.2 | -34.5% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Venezuela in 2022:
- Chile (2122.0 kg)
- Taiwan (Chinese) (194.0 kg)
- China (126.0 kg)
- United States (102.0 kg)
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