Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Venezuela - 2022
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Venezuela (CIF) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Venezuela
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Venezuela (CIF) - 2022
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $2,981 per ton in 2022, picking up by 10% against the previous year. Overall, the import price, however, saw a deep setback. The pace of growth appeared the most rapid in 2018 an increase of 54% against the previous year. The import price peaked at $5,387 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 South Africa ($5,517 per ton), while the price for the Netherlands ($515 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Venezuela
Imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses into Venezuela reduced remarkably to 22 tons in 2022, shrinking by -40.7% compared with the previous year. Overall, imports, however, recorded a mild expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 125% against the previous year. As a result, imports reached the peak of 37 tons, and then reduced remarkably in the following year.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses fell remarkably to $65K in 2022. Over the period under review, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 228% against the previous year. As a result, imports reached the peak of $100K, and then declined remarkably in the following year.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 23.4 | 15.6 | 52.0 | 35.3 | 14.7% |
| Democratic People's Republic of Korea | 12.3 | 7.8 | 24.9 | 16.2 | 9.6% |
| South Africa | 6.8 | 3.9 | 11.2 | 6.5 | -1.5% |
| China | 0.9 | 0.3 | 0.8 | 1.7 | 23.6% |
| Brazil | 1.2 | 0.7 | 2.2 | 1.5 | 7.7% |
| Netherlands | 1.0 | 0.6 | 1.9 | 1.2 | 6.3% |
| Colombia | 0.6 | 0.3 | 3.5 | 0.8 | 10.1% |
| United States | 1.1 | 0.5 | 1.1 | 0.5 | -23.1% |
| Others | 1.5 | 0.9 | 2.5 | 1.6 | 2.2% |
| Total | 48.8 | 30.5 | 100 | 65.3 | 10.2% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Venezuela in 2022:
- South Korea (10.6 tons)
- Democratic People's Republic of Korea (3.6 tons)
- Netherlands (2.3 tons)
- China (1.8 tons)
- Brazil (1.4 tons)
- South Africa (1.2 tons)
- United States (0.5 tons)
- Colombia (0.4 tons)
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