Price for Alkaloids, Vegetable; Caffeine and Its Salts in Venezuela - 2022

Contents:

  1. Price for Alkaloids, Vegetable; Caffeine and Its Salts in Venezuela (CIF) - 2022
  2. Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Venezuela

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Venezuela (CIF) - 2022

In 2022, the average import price for alkaloids, vegetable; caffeine and its saltses amounted to $34,970 per ton, remaining stable against the previous year. In general, the import price posted a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 51% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

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 Germany ($57,733 per ton), while the price for the United States ($2,339 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Venezuela

In 2022, overseas purchases of alkaloids, vegetable; caffeine and its saltses were finally on the rise to reach 5.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of alkaloids, vegetable; caffeine and its saltses soared to $177K in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alkaloids, Vegetable; Caffeine and Its Salts in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17.827.724.155.546.1%
Spain14.319.624.432.431.3%
China26.325.923.222.2-5.5%
ColombiaN/AN/AN/A6.90%
Switzerland5.25.85.96.57.7%
United States1.31.31.21.1-5.4%
Others13.322.841.352.457.9%
Total78.210312017731.3%

Top Suppliers of Alkaloids, Vegetable; Caffeine and Its Salts to Venezuela in 2022:

  1. China (1526.0 kg)
  2. Germany (962.0 kg)
  3. Spain (797.0 kg)
  4. United States (478.0 kg)
  5. Switzerland (295.0 kg)
  6. Colombia (124.0 kg)

Source: IndexBox Market Intelligence Platform

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