Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Venezuela - 2022

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Venezuela (CIF) - 2022
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Venezuela (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Venezuela
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Venezuela

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Venezuela (CIF) - 2022

The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,516 per ton in 2022, growing by 28% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses increased by +48.4% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 41%. The import price peaked at $4,262 per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 France ($8,265 per ton), while the price for China ($3,145 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 (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Venezuela (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $12,769 per ton in 2022, declining by -47% against the previous year. Overall, the export price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2020 an increase of 18% against the previous year. As a result, the export price attained the peak level of $35,211 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +31.4% per year.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Venezuela

In 2022, after three years of growth, there was significant decline in overseas purchases of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses, when their volume decreased by -29.2% to 36 tons. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 756%.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses contracted to $126K in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 376%.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium19.792.711510373.6%
France2.09.612.311.378.1%
China0.21.11.72.9143.8%
United States0.22.85.42.2122.4%
Others1.14.35.06.580.8%
Total23.211113912675.8%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Venezuela in 2022:

  1. Belgium (32.7 tons)
  2. France (1.4 tons)
  3. China (0.9 tons)
  4. United States (0.3 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Venezuela

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses exported from Venezuela dropped remarkably to 13 kg, reducing by -74.5% compared with 2021. In general, exports showed a precipitous descent. The smallest decline of -46.3% was in 2021.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses reduced sharply to $166 in 2022. Over the period under review, exports continue to indicate a dramatic contraction. The smallest decline of -63.3% was in 2021.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica9.13.31.20.2-72.0%
OthersN/AN/AN/AN/A0%
Total9.13.31.20.2-72.0%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Venezuela in 2022:

  1. Costa Rica (13.0 kg)

Source: IndexBox Market Intelligence Platform

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