Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Venezuela - 2022
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Venezuela (CIF) - 2022
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Venezuela (FOB) - 2022
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Venezuela
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Venezuela
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Venezuela (CIF) - 2022
In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $5,542 per ton, picking up by 37% against the previous year. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $6,767 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($5,962 per ton) and Colombia ($5,116 per ton), while the price for India ($4,044 per ton) and Lebanon ($4,323 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Venezuela (FOB) - 2022
In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $3,678 per ton, reducing by -4.2% against the previous year. Overall, the export price recorded a mild decline. The growth pace was the most rapid in 2020 an increase of 21%. The export price peaked at $5,218 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($14,917 per ton), while the average price for exports to Brazil ($1,442 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+7.1%), while the prices for the other major destinations experienced a decline.
Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Venezuela
In 2022, overseas purchases of colouring matter; pigments and preparations based on chromium compoundses decreased by -10.8% to 43 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 384% against the previous year.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses surged to $237K in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 267% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 10.9 | 42.4 | 122 | 165 | 147.4% |
| Brazil | 3.4 | 9.0 | 14.2 | 32.1 | 111.4% |
| China | 0.4 | 1.4 | 4.1 | 12.2 | 212.4% |
| India | 0.5 | 4.0 | 39.3 | 12.1 | 189.2% |
| Colombia | 1.1 | 3.5 | 8.4 | 9.3 | 103.7% |
| Lebanon | 0.2 | 0.5 | 4.1 | 4.7 | 186.4% |
| Others | 0.6 | 2.2 | 1.8 | 1.8 | 44.2% |
| Total | 17.2 | 63.0 | 194 | 237 | 139.7% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Venezuela in 2022:
- Mexico (27.7 tons)
- Brazil (6.5 tons)
- India (3.0 tons)
- China (2.5 tons)
- Colombia (1.8 tons)
- Lebanon (1.1 tons)
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Venezuela
In 2022, approx. 18 tons of colouring matter; pigments and preparations based on chromium compoundses were exported from Venezuela; leveling off at the year before. Over the period under review, exports, however, recorded a significant contraction.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses reduced to $65K in 2022. Overall, exports, however, faced a sharp slump. The smallest decline of -2.8% was in 2021.
| Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 123 | 33.1 | 41.4 | 42.4 | -29.9% |
| Bolivia | 34.4 | 8.8 | 10.6 | 10.4 | -32.9% |
| Chile | 20.8 | 4.5 | 4.6 | 3.8 | -43.3% |
| Argentina | 13.8 | 3.2 | 3.4 | 3.0 | -39.9% |
| Peru | 17.5 | 3.7 | 3.6 | 2.8 | -45.7% |
| Brazil | 9.7 | 1.9 | 1.7 | 1.2 | -50.2% |
| United States | 7.2 | 1.3 | 1.2 | 0.8 | -51.9% |
| Indonesia | 6.5 | 6.8 | N/A | N/A | 4.6% |
| Others | 0.4 | 5.2 | 0.1 | 0.1 | -37.0% |
| Total | 234 | 68.4 | 66.4 | 64.5 | -34.9% |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Venezuela in 2022:
- Canada (12.3 tons)
- Chile (1.3 tons)
- Peru (1.1 tons)
- Argentina (0.9 tons)
- Brazil (0.8 tons)
- Bolivia (0.7 tons)
- United States (0.5 tons)
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