Price for Monophenols; Naphthols and Their Salts in Venezuela - 2022

Contents:

  1. Price for Monophenols; Naphthols and Their Salts in Venezuela (CIF) - 2022
  2. Imports of Monophenols; Naphthols and Their Salts in Venezuela

Price for Monophenols; Naphthols and Their Salts in Venezuela (CIF) - 2022

In 2022, the average import price for monophenols; naphthols and their saltses amounted to $9,284 per ton, growing by 115% against the previous year. Overall, the import price, however, recorded a perceptible decline. The import price peaked at $24,878 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($20,941 per ton), while the price for Spain stood at $20,446 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+385.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Monophenols; Naphthols and Their Salts in Venezuela

In 2022, after three years of growth, there was significant decline in purchases abroad of monophenols; naphthols and their saltses, when their volume decreased by -49.9% to 285 kg. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 104%.

In value terms, monophenols; naphthols and their salts imports totaled $2.6K in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 33%. As a result, imports attained the peak of $2.8K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Monophenols; Naphthols and Their Salts in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.90.9N/A1.16.9%
IndiaN/AN/A2.50.4-84.0%
ChinaN/A1.0N/AN/A0%
Others1.20.9N/A1.1-2.9%
Total2.12.82.52.67.4%

Top Suppliers of Monophenols; Naphthols and Their Salts to Venezuela in 2022:

  1. Spain (56.0 kg)
  2. India (17.0 kg)

Source: IndexBox Market Intelligence Platform

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