Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Venezuela - 2022
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Venezuela (CIF) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Venezuela
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Venezuela (CIF) - 2022
In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $4,399 per ton, which is down by -14% against the previous year. Overall, the import price continues to indicate a mild descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices reached the maximum at $5,461 per ton in 2018; however, from 2019 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 Colombia ($5,578 per ton), while the price for the United States ($1,570 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Venezuela
Imports of colouring matter; ultramarine and preparations based therea into Venezuela stood at 40 tons in 2022, therefore, remained relatively stable against the year before. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 118%. As a result, imports reached the peak of 46 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of colouring matter; ultramarine and preparations based therea shrank to $174K in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 116%.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 32.8 | 114 | 151 | 89.3 | 39.6% |
| China | 24.6 | 34.6 | 6.6 | 42.3 | 19.8% |
| United States | 9.0 | 12.5 | 12.4 | 11.8 | 9.4% |
| Brazil | 4.5 | 6.9 | 7.6 | 7.9 | 20.6% |
| India | 7.3 | 9.0 | 8.0 | 6.8 | -2.3% |
| Panama | 1.9 | 2.9 | 3.1 | 3.2 | 19.0% |
| Others | 8.9 | 12.6 | 12.9 | 12.6 | 12.3% |
| Total | 89.0 | 192 | 202 | 174 | 25.0% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Venezuela in 2022:
- Colombia (16.0 tons)
- China (9.8 tons)
- United States (7.5 tons)
- Brazil (3.2 tons)
- India (1.9 tons)
- Panama (0.6 tons)
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