Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Venezuela - 2022
Contents:
- Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Venezuela (CIF) - 2022
- Imports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Venezuela
Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Venezuela (CIF) - 2022
In 2022, the average import price for acids; naphthenic acids, their water-insoluble salts and their esterses amounted to $7,750 per ton, approximately reflecting the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 0.4%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($20,000 per ton), while the price for Colombia totaled $5,774 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+6.4%).
Imports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Venezuela
In 2022, supplies from abroad of acids; naphthenic acids, their water-insoluble salts and their esterses was finally on the rise to reach 144 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt downturn.
In value terms, imports of acids; naphthenic acids, their water-insoluble salts and their esterses rose significantly to $1.1K in 2022. In general, imports, however, saw a drastic downturn.
| Import of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 740 | 661 | 584 | 716 | -1.1% |
| United States | 810 | 579 | 408 | 400 | -21.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,550 | 1,240 | 992 | 1,116 | -10.4% |
Top Suppliers of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters to Venezuela in 2022:
- Colombia (124.0 kg)
- United States (20.0 kg)
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