Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Venezuela - 2022
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Venezuela (CIF) - 2022
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Venezuela (FOB) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Venezuela
- Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Venezuela
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Venezuela (CIF) - 2022
The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $14,701 per ton in 2022, increasing by 16% against the previous year. Overall, the import price showed a noticeable increase. The growth pace was the most rapid in 2019 when the average import price increased by 37%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
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 Mexico ($42,813 per ton), while the price for Belgium ($4,545 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Venezuela (FOB) - 2022
In 2022, the average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $943 per ton, which is down by -2.4% against the previous year. In general, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices hit record highs at $7,014 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 -18.2% per year.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Venezuela
In 2022, the amount of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves imported into Venezuela reduced notably to 32 tons, dropping by -36.6% compared with the year before. Over the period under review, imports continue to indicate a precipitous contraction. The smallest decline of -20.5% was in 2021.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves reduced notably to $474K in 2022. Overall, imports faced a precipitous shrinkage. The smallest decline of -26.3% was in 2020.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 262 | 270 | 257 | 220 | -5.7% |
| Germany | 106 | 116 | 118 | 107 | 0.3% |
| Spain | 95.0 | 69.2 | 34.6 | 63.8 | -12.4% |
| Switzerland | 662 | 359 | 180 | 40.0 | -60.8% |
| Belgium | 38.1 | 39.1 | 37.1 | 31.5 | -6.1% |
| Brazil | 8.2 | 7.4 | 6.2 | 4.7 | -16.9% |
| Others | 12.8 | 11.9 | 10.2 | 7.8 | -15.2% |
| Total | 1,185 | 873 | 643 | 474 | -26.3% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Venezuela in 2022:
- Germany (13.9 tons)
- Belgium (6.9 tons)
- Mexico (5.1 tons)
- Spain (2.8 tons)
- Switzerland (2.6 tons)
- Brazil (0.7 tons)
Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Venezuela
In 2022, approx. 4.9 tons of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves were exported from Venezuela; shrinking by -18% compared with the previous year. Over the period under review, exports saw a abrupt shrinkage. The smallest decline of -18% was in 2021.
In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves shrank sharply to $4.6K in 2022. In general, exports saw a precipitous setback. The smallest decline of -20% was in 2021.
| Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 9.0 | 7.2 | 5.7 | 4.6 | -20.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.0 | 7.2 | 5.7 | 4.6 | -20.0% |
Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Venezuela in 2022:
- Colombia (4.9 tons)
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