Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Venezuela - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Venezuela (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Venezuela (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Venezuela
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Venezuela
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Venezuela (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $1,574 per ton in 2022, picking up by 7.6% against the previous year. In general, import price indicated a notable increase 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; saturated acyclic monocarboxylic acids; vinyl acetates increased by +48.9% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 45% against the previous year. The import price peaked at $1,663 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,205 per ton), while the price for South Korea ($279 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Venezuela (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $2,833 per ton in 2021, approximately mirroring the previous year. Over the period under review, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2019 an increase of 28%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2018 to 2021, the rate of growth in terms of prices for Chile amounted to +51.5% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Venezuela
In 2022, purchases abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -28.6% to 917 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 86%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates contracted notably to $1.4M in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 86%. As a result, imports attained the peak of $1.9M, and then shrank sharply in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 170 | 391 | 1,076 | 717 | 61.6% |
| Colombia | 71.2 | 115 | 222 | 155 | 29.6% |
| Germany | 83.0 | 101 | 127 | 141 | 19.3% |
| Netherlands | 34.1 | 94.3 | 65.4 | 103 | 44.6% |
| United States | 20.1 | 89.2 | 166 | 80.8 | 59.0% |
| United Arab Emirates | 86.5 | 69.3 | 84.3 | 78.0 | -3.4% |
| Taiwan (Chinese) | 84.5 | 11.4 | 54.4 | 50.3 | -15.9% |
| South Korea | 14.2 | 13.8 | 13.9 | 12.2 | -4.9% |
| Others | 38.8 | 123 | 68.5 | 106 | 39.8% |
| Total | 602 | 1,008 | 1,878 | 1,443 | 33.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Venezuela in 2022:
- China (410.4 tons)
- Germany (104.5 tons)
- United Arab Emirates (85.3 tons)
- Colombia (75.1 tons)
- Taiwan (Chinese) (63.5 tons)
- Netherlands (46.9 tons)
- South Korea (43.8 tons)
- United States (38.4 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Venezuela
In 2021, approx. 6 kg of acids; saturated acyclic monocarboxylic acids; vinyl acetates were exported from Venezuela; approximately mirroring the year before. Overall, exports showed a precipitous decrease. The smallest decline of 99.9% was in 2020.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $17 in 2021. In general, exports continue to indicate a abrupt decrease. The smallest decline of 99.9% was in 2020.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Chile | N/A | N/A | 17.0 | 0% | |
| Netherlands | 26.0 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 26.0 | N/A | 17.0 | -19.1% | |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Venezuela in 2022:
- Chile (6.0 kg)
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