Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Venezuela - 2022

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Venezuela (CIF) - 2022
  2. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Venezuela

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Venezuela (CIF) - 2022

In 2022, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $47,676 per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of 30% against the previous year. Over the period under review, average import prices attained the peak figure at $221,011 per ton in 2015; however, from 2016 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 Germany ($81,024 per ton), while the price for China ($18,414 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-4.2%), while the prices for the other major suppliers experienced a decline.

Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Venezuela

In 2022, supplies from abroad of glycosides; rutoside (rutin) and its derivativeses was finally on the rise to reach 3.3 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses surged to $155K in 2022. In general, imports enjoyed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany97.662.826.41238.0%
China7.24.01.331.864.1%
Others0.10.60.10.344.2%
Total10567.427.815513.9%

Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Venezuela in 2022:

  1. China (1.7 tons)
  2. Germany (1.5 tons)

Source: IndexBox Market Intelligence Platform

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