Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Venezuela - 2022

Contents:

  1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Venezuela (CIF) - 2022
  2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Venezuela (FOB) - 2022
  3. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Venezuela
  4. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Venezuela

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Venezuela (CIF) - 2022

In 2022, the average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $7,718 per ton, dropping by -2.5% against the previous year. Overall, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 63%. Over the period under review, average import prices reached the peak figure at $24,901 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($14,765 per ton), while the price for Spain ($3,480 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 (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Venezuela (FOB) - 2022

In 2022, the average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $11,468 per ton, picking up by 28% against the previous year. Overall, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 110% against the previous year. Over the period under review, the average export prices reached the maximum at $18,743 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($41,368 per ton), while the average price for exports to Colombia totaled $10,297 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+19.9%).

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Venezuela

In 2022, overseas purchases of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -14.8% to 15 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 41%.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses shrank remarkably to $115K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. As a result, imports reached the peak of $138K, and then declined markedly in the following year.

Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.824.328.125.548.4%
India6.59.919.823.052.4%
Panama23.032.145.621.8-1.8%
United States2.23.910.817.8100.8%
Germany18.90.41.512.6-12.6%
Brazil3.03.95.12.3-8.5%
Spain1.51.62.51.2-7.2%
Netherlands0.30.52.30.518.6%
Others22.614.722.19.8-24.3%
Total85.791.213811510.3%

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Venezuela in 2022:

  1. China (6.5 tons)
  2. India (2.0 tons)
  3. United States (1.6 tons)
  4. Panama (1.5 tons)
  5. Germany (1.1 tons)
  6. Spain (0.4 tons)
  7. Brazil (0.3 tons)
  8. Netherlands (0.3 tons)

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Venezuela

In 2022, after two years of decline, there was significant growth in shipments abroad of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses, when their volume increased by 107% to 504 kg. Over the period under review, exports, however, continue to indicate a sharp reduction.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $5.8K in 2022. In general, exports, however, faced a sharp contraction.

Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia0.77.91.95.092.6%
Costa Rica0.11.50.30.8100.0%
India39.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total40.19.42.25.8-47.5%

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Venezuela in 2022:

  1. Colombia (485.0 kg)
  2. Costa Rica (19.0 kg)

Source: IndexBox Market Intelligence Platform

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