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Venezuela - Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Oleic, Linoleic or Linolenic Acids in Venezuela - 2022
Contents:
- Price for Oleic, Linoleic or Linolenic Acids in Venezuela (CIF) - 2022
- Price for Oleic, Linoleic or Linolenic Acids in Venezuela (FOB) - 2022
- Imports of Oleic, Linoleic or Linolenic Acids in Venezuela
- Exports of Oleic, Linoleic or Linolenic Acids in Venezuela
Price for Oleic, Linoleic or Linolenic Acids in Venezuela (CIF) - 2022
The average import price for oleic, linoleic or linolenic acids, their salts and esters stood at $6,077 per ton in 2022, which is down by -7.2% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oleic, linoleic or linolenic acids import price increased by +15.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 57% against the previous year. Over the period under review, average import prices hit record highs at $7,133 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($39,053 per ton), while the price for China ($319 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oleic, Linoleic or Linolenic Acids in Venezuela (FOB) - 2022
The average export price for oleic, linoleic or linolenic acids, their salts and esters stood at $142 per ton in 2022, surging by 10% against the previous year. Overall, the export price, however, continues to indicate a abrupt contraction. The export price peaked at $843 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -16.3% per year.
Imports of Oleic, Linoleic or Linolenic Acids in Venezuela
In 2022, oleic, linoleic or linolenic acids imports into Venezuela dropped markedly to 6.1 tons, reducing by -32.3% compared with the year before. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 214%. As a result, imports attained the peak of 9 tons, and then dropped sharply in the following year.
In value terms, oleic, linoleic or linolenic acids imports dropped remarkably to $37K in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 290%. As a result, imports attained the peak of $59K, and then dropped dramatically in the following year.
Import of Oleic, Linoleic or Linolenic Acids in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 9.9 | 8.0 | 31.2 | 19.5 | 25.4% |
Malaysia | 6.9 | 5.6 | 21.9 | 13.6 | 25.4% |
Argentina | 0.5 | 0.3 | 1.1 | 0.6 | 6.3% |
Italy | 0.2 | 0.1 | 0.4 | 0.2 | 0.0% |
China | N/A | N/A | 0.1 | N/A | 0% |
Others | 1.2 | 1.0 | 4.1 | 3.0 | 35.7% |
Total | 18.8 | 15.1 | 58.7 | 36.9 | 25.2% |
Top Suppliers of Oleic, Linoleic or Linolenic Acids to Venezuela in 2022:
- Malaysia (3.8 tons)
- Argentina (0.8 tons)
- Netherlands (0.7 tons)
- Italy (0.4 tons)
- China (0.1 tons)
Exports of Oleic, Linoleic or Linolenic Acids in Venezuela
In 2022, after three years of growth, there was significant decline in overseas shipments of oleic, linoleic or linolenic acids, their salts and esters, when their volume decreased by -7.6% to 191 tons. The total export volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. As a result, the exports reached the peak of 207 tons, and then reduced in the following year.
In value terms, oleic, linoleic or linolenic acids exports expanded modestly to $27K in 2022. Overall, exports continue to indicate a mild decline.
Export of Oleic, Linoleic or Linolenic Acids in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 28.7 | 27.7 | 26.8 | 27.2 | -1.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 28.7 | 27.7 | 26.8 | 27.2 | -1.8% |
Top Export Markets for Oleic, Linoleic or Linolenic Acids from Venezuela in 2022:
- Colombia (191.2 tons)
This report provides an in-depth analysis of the market for oleic, linoleic or linolenic acids in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143350 - Oleic, linoleic or linolenic acids, their salts and esters
Country coverage:
- Venezuela
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Venezuela
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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