Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Venezuela - 2022

Contents:

  1. Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Venezuela (CIF) - 2022
  2. Imports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Venezuela

Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Venezuela (CIF) - 2022

The average import price for halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses stood at $6,274 per ton in 2022, which is down by -16.1% against the previous year. In general, the import price saw a deep setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $28,512 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($48,877 per ton), while the price for China ($1,597 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.9%), while the prices for the other major suppliers experienced a decline.

Imports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Venezuela

For the fourth year in a row, Venezuela recorded growth in supplies from abroad of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses, which increased by 9.3% to 24 tons in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 118% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses shrank to $151K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 73%.

Import of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico48.286.510710027.5%
Austria10.216.217.814.713.0%
Brazil5.49.712.011.227.5%
China2.34.04.95.231.2%
Canada1.93.13.42.915.1%
Panama2.23.33.42.77.1%
Others9.514.816.214.414.9%
Total79.713816515123.7%

Top Suppliers of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms to Venezuela in 2022:

  1. Mexico (15.5 tons)
  2. China (3.3 tons)
  3. Brazil (2.1 tons)
  4. Canada (1.5 tons)
  5. Panama (0.6 tons)
  6. Austria (0.6 tons)
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