Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Venezuela - 2022

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Venezuela (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Venezuela (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Venezuela
  4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Venezuela

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Venezuela (CIF) - 2022

In 2022, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $33 per unit, reducing by -5% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2019 when the average import price increased by 61% against the previous year. The import price peaked at $69 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($54 per unit), while the price for Thailand ($10 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.0%), while the prices for the other major suppliers experienced a decline.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Venezuela (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $42 per unit in 2022, dropping by -8.7% against the previous year. Over the period under review, the export price, however, continues to indicate a notable expansion. The pace of growth was the most pronounced in 2018 an increase of 91%. The export price peaked at $48 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($278 per unit), while the average price for exports to Mexico ($5.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montserrat (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Venezuela

In 2022, imports of containers for compressed or liquefied gas, of iron or steel into Venezuela soared to 41K units, picking up by 22% against 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 226% against the previous year. Imports peaked at 41K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel surged to $1.3M in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 271% against the previous year. Imports peaked at $1.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal647142535640-0.4%
Italy24654.2204243-0.4%
China69.58.481.215129.5%
Mexico11920.359.355.1-22.6%
Spain52.49.227.726.4-20.4%
Russia52.59.227.325.9-21.0%
Brazil14316.621.814.5-53.4%
United States60.64.349.28.7-47.6%
Others24744.1138162-13.1%
Total1,6363091,1441,327-6.7%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Venezuela in 2022:

  1. Portugal (13.2K units)
  2. Italy (10.7K units)
  3. China (9.1K units)
  4. Mexico (2.2K units)
  5. Spain (2.0K units)
  6. Russia (0.9K units)
  7. Brazil (0.3K units)
  8. United States (0.3K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Venezuela

In 2022, exports of containers for compressed or liquefied gas, of iron or steel from Venezuela reduced markedly to 1.7K units, falling by -28.8% on the previous year's figure. Over the period under review, exports faced a sharp downturn. The smallest decline of -22.7% was in 2021. Over the period under review, the exports of reached the maximum at 22K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel fell dramatically to $70K in 2022. In general, exports saw a significant decrease. The smallest decline of -25.9% was in 2021. Over the period under review, the exports of hit record highs at $815K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Antigua and Barbuda68111888.257.5-56.1%
Montserrat36.88.05.63.4-54.8%
Aruba17.32.41.50.8-64.1%
Dominican Republic3.11.10.90.6-42.2%
Mexico5.20.80.50.3-61.4%
Others72.016.011.67.7-52.5%
Total81514610870.3-55.8%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Venezuela in 2022:

  1. Antigua and Barbuda (1497.0 units)
  2. Mexico (55.0 units)
  3. Dominican Republic (30.0 units)
  4. Aruba (23.0 units)
  5. Montserrat (16.0 units)

Source: IndexBox Market Intelligence Platform

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