Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Venezuela - 2022

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Venezuela (CIF) - 2022
  2. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Venezuela

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Venezuela (CIF) - 2022

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $2,300 per ton in 2022, shrinking by -5.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 55%. As a result, import price attained the peak level of $6,197 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($10,659 per ton), while the price for Panama ($1,665 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.1%), while the prices for the other major suppliers experienced a decline.

Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Venezuela

In 2022, after three years of growth, there was significant decline in supplies from abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol, when their volume decreased by -28.2% to 15 tons. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 129%. As a result, imports attained the peak of 21 tons, and then shrank significantly in the following year.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol fell markedly to $34K in 2022. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 177%. As a result, imports attained the peak of $51K, and then contracted markedly in the following year.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama6.48.918.615.032.8%
China1.83.517.08.366.4%
Colombia0.10.31.61.1122.4%
Mexico0.70.81.30.98.7%
GuatemalaN/AN/AN/A0.90%
Netherlands0.30.11.30.626.0%
Others4.04.610.87.623.9%
Total13.318.350.734.537.4%

Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Venezuela in 2022:

  1. Panama (9.0 tons)
  2. China (4.2 tons)
  3. Mexico (0.4 tons)
  4. Netherlands (0.2 tons)
  5. Guatemala (0.2 tons)
  6. Colombia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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